The New Payment Platform may speed up transactions, but evidence suggests it could also lead to more scams and fraud, and many customers won't switch over.
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Articles on Reserve Bank of Australia
Displaying 1 - 20 of 77 articles
Weak Australian inflation and housing credit data mean the Reserve Bank is unlikely to move on interest rates.
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.
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.
Top contributors
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Professor of Economics and PLuS Alliance Fellow, UNSW
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Professor, Warwick Business School, University of Warwick
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Lecturer, Research School of Economics, and Research Associate, Centre for Applied Macroeconomic Analysis, Australian National University
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Associate Professor, School of Economics, University of Sydney
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Pat McConnell is a Friend of The Conversation.
Visiting Fellow, Macquarie University Applied Finance Centre, Macquarie University
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Consultant corporate finance and economics, Monash University
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Professor of Institutional Economics, RMIT University
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Professor of Economics and Finance, Tasmanian School of Business and Economics, University of Tasmania
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Vice-Chancellor’s Fellow, University of Tasmania
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Adjunct professor, Monash University
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Head of the School of Economics, History & Politics, Kingston University
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Senior Teaching Fellow, Economic Modelling and Forecasting, Warwick Business School, University of Warwick
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Professor of Macroeconomics, University of Sydney
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University Associate, School of Economics and Finance, University of Tasmania
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Adjunct Professor, Swinburne University of Technology
