Why the "bang for the buck" for fiscal spending now, is twice as large as in the GFC

About the author:

Author name:

By Michael Knox

Job title:

Chief Economist and Director of Strategy

Date posted:

15 April 2020, 2:30 PM

Morgans Chief Economist, Michael Knox, discusses how the Australian fiscal multiplier, is twice as large. Well, it is all because interest rates are near zero.

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More information

View more analysis from Michael Knox by clicking on 'economic strategy' in the popular topics list, or listen to his full playlist of podcasts on Soundcloud. Alternatively, contact your Morgans adviser or nearest Morgans branch.

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