The RBA has revised regulations on how much merchants can charge for using a credit or debit card which might make the practise more common.
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Serious problems may loom. And not just from a possible vote from the Brits to leave the European Union.
Incoming Reserve Bank governor Philip Lowe will face the challenges of rapid credit and asset prices growth.
Worse than expected business investment in both manufacturing and mining provides another nod towards secular stagnation.
With all the weight of evidence stacked against the banks in the case of BBSW benchmark, surely now is the time for the government to enforce regulation.
Fears of deflation have prompted the Reserve Bank of Australia to act on the eve of the federal budget.
RBA Governor Glenn Stevens isn’t buying the secular stagnation theory, lending weight to the deficit hawks.
Expect the higher dollar to put strong downward pressure on already low interest rates.
Both the US and Australia face a global economy that is in deep, deep trouble.
The Reserve Bank of Australia has created a new index for uncertainty in the Australian economy based on news, financial indicators and economic variables.
Low inflation gives the RBA scope to cut rates in coming months but a lot will turn on whether we continue to see persistently weak GDP growth.
The Reserve Bank of Australia has decided to leave the official cash rate unchanged at a record low of 2%, but said there was scope for a rate cut down the line.
Gloomy portents for the Australian economy suggest interest rates should continue where they are, say the economists shadowing the Reserve Bank.
Comments by RBA Governor Glenn Stevens that monetary policy in the form of lower interest rates may have reached its limits, needs to prompt debate on fiscal policy taking over.
Business confidence might be up after the budget, but there are more reliable measures of what’s really driving the economy.
With today’s cut, interest rates are at a record low, due in large part to ongoing concerns about the global economy.
With rates on the way down the problem of runaway property investing has been left to the regulator APRA. But regulators should not be used as agents of short-term government policy.
Though markets had somewhat priced in an Australian interest rate cut yesterday, many analysts and commentators were still left surprised. The rate had not been cut for 18 months. Over that period commentary…
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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