Articles on RBA

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Treasurer Josh Frydenberg and Prime Minister Scott Morrison at a campaign rally. They’ll have to shore up a weakening economy. Mick Tsikas/AAP

Their biggest challenge? Avoiding a recession

Frydenberg and Morrison will have to switch from boasting about the economy to fixing it, quickly.
The RBA argues that it needs to balance financial stability risks against the need to stimulate the economy through lower interest rates. But this has left inflation running below its target range. DARREN ENGLAND/AAP

The RBA’s shift to worrying about financial stability could be hurting Australian wages

If the RBA continues to sacrifice its inflation target on the altar of financial stability risks, inflation expectations and our wages growth will continue to languish.
When using a cryptocurrency, you interact with a system like the blockchain, an online ledger that records transactions, directly. Bitcoin, is an examples of this. www.shutterstock.com

Why the RBA would want to create a digital Australian dollar

A digital Australian dollar could remove the role of middlemen and creates a cheaper electronic currency system, while at the same time enabling the government to fully regulate the system.
APRA’s independent inquiry panel member, John Laker, who is also chairman of the Banking Finance Oath initiative, will be one of the ones holding the CBA to account. DAN HIMBRECHTS/AAP

Where the accountability problems started at CBA

One scandal at the CBA stands out above all others, It set the scene for how the CBA board would handle future scandals, that is to obfuscate, prevaricate and litigate.

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