Should the fiscal authority ask the central bank to engage in lending outside of its normal operations, the fiscal authority should exchange government securities for the nongovernment assets that would accumulate on the central bank’s balance sheet as a result.
The mining and non-mining economy I would now like to turn more directly to the second issue – that is the size and growth rates of the mining-related and non-mining-related parts of the economy. While for many decades, the ABS has published separate data on farm and non-farm GDP, it does not publish separate data for mining and non-mining GDP.