Friday 20th March 2020
Oil has shot up in price, with equities rising too and there’s a bit more interest in government bonds. So, what’s changed? Phil Dobbie asks NAB’s David de Garis if it’s down to bargain hunters, a bit more liquidity, hopes that things will get better – either on the virus front or the oil price war – or is it confidence that governments are starting to do the right thing to minimise the impact of the virus and keep people in work. On the latter point, is reverse taxation the answer? Listen in for an explanation.