Australia’s Post-Pandemic Tax Reform Back on the Agenda

Australia’s Post-Pandemic Tax Reform Back on the Agenda
Reserve Bank of Australia Governor Philip Lowe has announced the 12th interest rate hike in June 2023 over last 13 months. Peter Parks/Getty Images
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Robert Lowe, governor of the Reserve Bank of Australia (RBA), said on April 21 that Australia should not expect to “return quickly to business as usual” after the CCP virus ended.
Discussion on Australia’s post-pandemic economic future became rife following the RBA’s prediction that the country was experiencing one of the worst economic episodes since the Great Depression.