Michelle Grattan discusses politics with politics + society editor, Amanda Dunn
Articles on Reserve Bank
Displaying 41 - 60 of 111 articles
For the past 30 years or so, the RBA has targeted an inflation rate of 2-3%. But the rationale for a rate that low was always weak, and has since broken down.
The independent review of the Reserve Bank should be headed by someone from outside the country say 12 leading economists in an open letter to the treasurer.
Politics with Michelle Grattan: Treasurer Jim Chalmers on the ‘spiky’ parts of Australia’s inflation problem
Michelle Grattan speaks with the New Treasurer Jim Chalmers as he intends to deliver a "pretty blunt, pretty frank" assessment of Australia's challenges to parliament soon after it returns
The share of the population in work has hit an all-time high as the share of the workforce underemployed has hit a 14-year low. The fresh low in unemployment will bring higher interest rates, and perhaps higher wages.
The Reserve Bank, as expected, has thrown its grenade into the election campaign, but neither government nor opposition can be sure which side will be more damaged, or advantaged, by the explosion.
Michelle Grattan discusses politics with politics + society editor, Amanda Dunn
The government used to set interest rates but it doesn’t anymore. If UAP really did try to deliver on an election promise to cap interest rates at 3% for five years, what would the consequences be?
Philip Lowe mightn’t be a household name but the Reserve Bank governor finds himself catapulted right into the centre of this election campaign, in which events are proving more important than policies.
Politics with Michelle Grattan: Economist Saul Eslake on why Reserve Bank needs to raise rates next week
Michelle Grattan speaks with independent economist Saul Eslake on whether the reserve bank will next week raise interest rates for the first time in an election campaign for the first time since 2007
Enormous price rises beyond Australia’s control are cutting our standard of living. Cutting it further by rising rates won’t help.
Politics with Michelle Grattan: Stay calm, petrol is headed down, budget is improving – economist Chris Richardson
Michelle Grattan speaks with Deloitte Access Economics director Chris Richardson about the Australian economy, the budget, and petrol prices
Unemployment is far lower than predicted and isn’t setting off the kind of inflation seen in the United States. There’s no telling how much lower it can go.
The Reserve Bank governor is optimistic about 2022 in part because COVID has loosened the government’s purse strings.
Jobs, economic growth, wages growth and even home price growth are likely to look less threatening by the time we are asked to vote.
Central banking was given to technocrats whose job is to make the difficult decisions. But there are parameters. And within these, central bankers must act independently, without fear or favour.
Much of the jump in inflation from 1.1% to 3.8% is transient, and the lockdown in NSW will suppress what’s left. But even if you still fear inflation, there are things you can do.
The Reserve Bank has limitless access to Australian dollars and a reputation to protect.
Now that we are recovering from recession, there’s no telling how low we could push the unemployment rate. One estimate is 3.5%.
Former prime minister Paul Keating has launched an extraordinary attack on the Reserve Bank, accusing it of having “one of its dalliances with indolence”, and describing it as “the Reverse Bank”.
Top contributors
-
Professorial Fellow, University of Canberra
-
Scientia Professor of Economics, UNSW
-
Visiting Fellow, Crawford School of Public Policy, Australian National University
-
Senior lecturer, Canberra School of Government, University of Canberra
-
Associate Professor, School of Economics, University of Sydney
-
Lecturer in Economics, Monash University
-
Industry Professor, University of Technology Sydney
-
Program Director, Trade and Investment, United States Studies Centre, University of Sydney
-
Vice Chancellor's Fellow at Victoria University and Adjunct Professor of Economics, Victoria University
-
Professor, School of Economics, The University of Queensland
-
Emeritus Professor of Economics (Griffith University) and Teaching Associate (University of Queensland), Griffith University
-
Associate Professor, Research School of Economics, and Research Associate, Centre for Applied Macroeconomic Analysis, Australian National University
-
Professor of Finance, RMIT University
-
Program Director, Housing and Economic Security, Grattan Institute
-
Professor of Economics, The University of Melbourne