[14] This is because growth in the economy will work to lower government debt as a share of nominal GDP.
rba4-local.rba.gov.au/speeches/2020/sp-dg-2020-06-30.html  11/18  30/06/2020  The Reserve Bank's Policy Actions and Balance Sheet | Speeches | RBA  Provide Liquidity to the Financial System As the dysfunction in markets intensified in March, the RBA responded to the increased demand for liquidity by significantly increasing the supply of liquidity in its daily market operations.