Daily Archives: 21/06/2019

‘No one died’: Behind the typo on the new $50 note

It may be the most printed typo in human history. But no one noticed the triple mistake on the new $50 note for almost two years before 480 million were printed and rolled out across the country. The reckoning that followed this most awkward discovery has been revealed in emails and an internal report into…

Reserve Bank likely to cut interest rates again because ‘we could do better’ on creating jobs

The Reserve Bank says it cut interest rates earlier this month not because the economy was getting worse, but because it could get even better. Key points: The RBA governor says “it is not unrealistic to expect a further reduction in the cash rate” The bank wants to get unemployment down towards 4.5pc, and also…