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.
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Articles on Reserve Bank of Australia
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A new report suggests the board of the Reserve Bank of Australia should income a “representative of the poor”. This is a proposal worthy of consideration.
The market welcomed statements from the US Federal Reserve and the RBA, but there isn’t much to be happy about.
This week’s strong growth in full-time employment shows a robust labour market. This only deepens the puzzle of why inflation is so low at the same time.
As the federal government changes the rules around credit cards, it should force companies to be more transparent about fees.
New research shows uncertainty isn’t the cause of slow economic growth. But that could change if the government isn’t clearer about policies.
Millie, aged 5, wants to know where money comes from. We asked an economist to explain.
There was a fair bit of detail this week about what we can expect from the RBA and US Fed on interest rates going forward.
The Australian economy continues to show some positive signs, but there are pockets of weakness and cause for concern every month.
There are some good reasons why the RBA should retain its flexibility in managing inflation.
A 2014 memo from the RBA is being used like a political football in the current election campaign, but this was never its intended purpose.
RBA Governor Glenn Stevens isn’t buying the secular stagnation theory, lending weight to the deficit hawks.
The Reserve Bank of Australia has announced a new five dollar note, to great general derision. The Australian Mint has a proud history of excellent design, so why is this new note so wrong?
This week: the Australian economy exceeds expectations, while China continues to worry. RBA Governor Glenn Stevens has reason to smile, Janet Yellen less so.
There is more uncertainty in financial markets, an improving labour market in Australia (despite a monthly blip in January) and the US, but no sign of much 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.
Banks might be pushing rates up, but the Reserve Bank’s focus should be on who they’re lending to.
RBA has no comparative advantage or good reason to regulate the Payments System. Australia already has a specialist agency to regulate industry – the ACCC.
The best course of action for the Reserve Bank is to hold off changing rates; but the longer term case for an increase is changing.
The carbon tax repeal was supposed to save the average household A$550. And it might well have done, but teasing out the exact figure amid the myriad other economic factors is a herculean task.
Top contributors
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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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Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
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Lecturer in Economics, Monash University
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Professor, Warwick Business School, University of Warwick
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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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Professorial Fellow, University of Canberra
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Visiting Fellow, Macquarie University Applied Finance Centre, Macquarie University
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Associate Professor, School of Economics, University of Sydney
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Professor of Economics and Finance, Tasmanian School of Business and Economics, University of Tasmania
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Professor of Institutional Economics, RMIT University
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Vice-Chancellor’s Fellow, University of Tasmania
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Economist and Director, Centre for Future Work, Australia Institute; Honorary Professor of Political Economy, University of Sydney
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Higher Education Consultant, Monash University
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Honorary Professor of Economics, UCL
