Bonus payment may save the day

By Adeline Teoh · 17 December 2008 · Locked

Full details: Bonus payment may save the day

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Summary

Saving rather than spending the Federal Government’s bonus payment will still be good for the economy, says Reserve Bank of Australia (RBA) governor Glenn Stevens. While the stimulus package has been designed to go to the lowest income earners to encourage them to reinject it into the economy, he notes that saving still has a […]