This is particularly so with interest rates at their historically low levels, where the growth benefit from the fiscal stimulus will improve the debt dynamics and help service the debt in the future. [10] Foreign exchange intervention is another potential policy option. However, with the Australian dollar broadly aligned with its fundamentals, it is not clear this would be effective in the current circumstances.
However, the proportion of those who received financial education is still not so high (Chart 9). In recent years, owing to the efforts of the people concerned, the proportion among the youngest respondents, the 18-29 age group, who received financial education is higher than among the older generations, and has increased slightly from the time of the previous 2016 survey.