In this podcast, @michellegrattan and @amandadunn10 discuss the PwC scandal, Mark McGowans resignation, the PMs Singapore trip, and the inflation figures from the ABS
Treasurer Jim Chalmers with the report of the independent review of the Reserve Bank.
Jono Searle/AAP
In this podcast, @michellegrattan and @amandadunn10 discuss another interest rate rise form the RBA, Labor's war on vaping and an increase to the tobacco tax, and the likely boost to JobSeeker for people aged 55 and over.
Just as we have the country’s smartest legal minds on the High Court and our best health practitioners setting vaccine policy, the review wants the best economists to set monetary policy.
These include the establishment of a separate Monetary Policy Board and Governance Board, aimed at making both decision-making and governance arrangements as effective as possible
@Michellegrattan and @amandadunn10 discuss the RBA's decision on interest rates, the Aston byelection result, the passing of First Nations leader Yunupingu, and TikTok bans
Peter Martin, Crawford School of Public Policy, Australian National University
More than one million borrowers are set to come off ultra-low fixed mortgage rates this year and next, meaning the full effect of the ten rate rises to date is yet to be felt.
Peter Martin, Crawford School of Public Policy, Australian National University
I graphed the average online rate for a $10,000 deposit against the Reserve Bank’s cash rate, going back to 2010. After seeing what that graph reveals, you’ll want to call your bank.
Peter Martin, Crawford School of Public Policy, Australian National University
The Reserve Bank has signalled it will keep pushing up rates until it has reigned in inflation – even if this means weaker economic growth, with income per person barely growing for years to come.
In this podcast, Michelle and politics + society editor Amanda Dunn discuss the RBA rate rise, Lidia Thorpe's defection to the crossbench and the ongoing Voice debate
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation’s 29-member panel expects very weak economic growth and recessions in much of the rest of the world, but there’s good news down the track for Australians’ buying power.
Peter Martin, Crawford School of Public Policy, Australian National University
The full effects of the eight consecutive increases in the Reserve Bank’s cash rate are yet to become apparent, and there are signs inflation is on the way down.
Peter Martin, Crawford School of Public Policy, Australian National University
Lowe and the Reserve Bank are pushing up interest rates at almost the fastest pace on record to get the economy back in balance. It’s tough. But it has been done before – and here’s how it worked.
How could a central bank even make a loss, when its job is printing money? The answer is that during the COVID crisis it turned traditional investment advice on its head – and here’s why.
Michelle discusses Tuesday’s RBA rate rise – the fifth increase in a row – as well as the imminent passage of Labor’s climate legislation, and industrial relations negotiations coming out of last week’s summit.
Inflation has hit 6.1%, and the rate of inflation on necessities is 7.6%. Bringing it down will require still higher interest rates and exquisite judgement in order to avoid a recession.