RBA bracing for huge economic contraction

By Colin Brinsden, Aap Economics and Business Correspondent
Updated August 14 2020 - 10:41am, first published 9:59am
RBA governor Dr Philip Dr Lowe expects next month's data to reveal the biggest decline in decades.
RBA governor Dr Philip Dr Lowe expects next month's data to reveal the biggest decline in decades.

Reserve Bank governor Philip Lowe expects economic growth to contract by seven per cent when the June quarter figures are released.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Goulburn news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.