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  1. roli

    The current fiscal stance of Australian government?

    Oh yeah, I meant that it works closely with government. So uhh, if you think the stabilisation policies are currently used to slow down the economy, does that mean you think the fiscal stance is contractionary?
  2. roli

    The current fiscal stance of Australian government?

    According to the this year's Budget, there was a record surplus by Treasurer Swan, which indicates a contractionary fiscal policy stance. However, this would dampen aggregate demand and thus lower economic activity. That doesn't sound like the right thing to do in the present, stalling...
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