The competition in Australia’s contactless payment industry is heating up as Apple Pay sets up in Australia. However some banks claim the company is making the system less competitive.
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While Australia faces its greatest economic challenges in a generation, we are still waiting for the greatest economic reformers in a generation to arrive.
Interest rates remain unchanged in Australia this week, reflecting an economic holding pattern around the world, as the US presidential election carries on.
In the battle against slow economic growth, perhaps the government and Reserve Bank should try doing nothing and let the economy restore itself.
The odds are the Fed will raise rates once and the RBA will cut once before the end of the year.
The RBA leaves rates on hold, Australia gets a GDP growth spurt from pre-election spending, and the IMF lays the groundwork for a lowering of global growth expectations.
If the RBA includes commercial credit cards in new caps on interchange fees, small to medium enterprises might not be able to use them as a source of finance.
Glenn Stevens’ legacy shows how to maintain the independence of the Reserve Bank in crisis as well as the limits of monetary policy.
The US economy is improving off the back of jobs figures while in Australia, the government is being warned by the Reserve Bank to step up its game.
Economists are divided on whether the latest interest rate cut to 1.5% was needed, as the RBA tries to boost inflation and growth.
All economic data is pointing to disappointing global growth.
It’s not as easy as increasing quantitative easing when it comes to what central banks can do to address the current global uncertainty.
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.
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.
Les contributeurs les plus fréquents
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Professor of Economics, UNSW Sydney
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Lecturer in Economics, Monash University
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Professorial Fellow, University of Canberra
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Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
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Senior Lecturer, Research School of Economics, and Research Associate, Centre for Applied Macroeconomic Analysis, Australian National University
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Professor of Economics and National Senior Teaching Fellow, Griffith University
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Adjunct Professor, Swinburne University of Technology
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Emeritus Professor of Finance, The University of Melbourne
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Industry Professor, University of Technology Sydney
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Visiting Fellow, Macquarie University Applied Finance Centre, Macquarie University
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Professor, School of Economics, The University of Queensland
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Program Director, Trade and Investment, United States Studies Centre, University of Sydney
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Dean of Business School, University of Southern Queensland
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Vice-Chancellor’s Fellow, University of Tasmania
