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Daily Alert: Trans-Tasman bubble from April 19, but flyer beware

  • Yesterday NZ Prime Minister Ardern announced that from 11.59pm on April 18 two-way quarantine free Trans-Tasman travel will resume.
  • Global prospects continue to look up, buoyed by vaccine rollouts and the massive dollop of policy stimulus.
  • The RBA held the cash rate and target on the 3-year Australian bond at 0.1% and maintained the broad parameters of the Term Funding Facility and the government bond purchase program.

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