If you needed $2,000 in a week, would you have enough savings? This scenario could easily become reality. For example, an emergency ambulance or a family’s flights, say for a funeral, could cost more.
The story of the real Australian economy: Part 3 – The RBA’s toolkit
In Part 3 of ‘The Story of the Real Australian Economy’, Ben looks at monetary policy setting and the dilemma faced by the Reserve Bank of Australia in light of the economy’s structural problems.
