Low rates aiding budget spend: Treasury

By Colin Brinsden, Aap Economics and Business Correspondent
Updated October 26 2020 - 4:16pm, first published 4:10pm
Treasury secretary Dr Steven Kennedy says unemployment could stay persistently higher than forecast.
Treasury secretary Dr Steven Kennedy says unemployment could stay persistently higher than forecast.

The recovery from the biggest economic contraction on record is under way, but Treasury secretary Steven Kennedy has warned there is a risk unemployment could stay persistently higher than forecast.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Katherine 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.