Monday, September 6, 2021

Summer blackout risk as workers tire of quarantine restrictions; RBA tipped to delay stimulus pullback - Monday Finance with Peter Ryan

Big electrical firms are warning there could be blackouts across Australia this summer as quarantine-weary workers refuse to cross borders to repair and maintain critical power assets. 

Australian Industry Group chief executive Innes Willox says unless state health orders are amended, economically damaging blackouts might not be avoided. 

Also, St George Bank chief economist Besa Deda predicts the Reserve Bank might delay plans to trim its quantitative easing program as the economic shock from lockdowns deepens.

Here's my report on RN Breakfast with Fran Kelly


No comments:

Post a Comment

What's your view on this?