The next set of instructions handed to the Reserve Bank will have to be realistic. That might mean a big change.
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Articles on Reserve Bank of Australia
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We're facing a global economic problem that no one really understands or knows how to fix.
Under cover of a speech from the Reserve Bank governor, the Prudential Regulation Authority has moved to make it 10% easier to borrow.
Frydenberg and Morrison will have to switch from boasting about the economy to fixing it, quickly.
Interest rate cuts don't work like they used to, and they help us put off the hard things we need to do to improve our lives.
For economics to play a more helpful, critical role, it must abandon blind faith in the free market and embrace the social, historical, and environmental context in which economics actually happens.
Immigration and light rail are both worthy topics of discussion, but it's time to discuss a new monetary policy framework.
The new RBA monetary statement is just like the old one.
Reserve Bank of Australia governor Philip Lowe has effectively ruled out an interest rate rise until wage growth tops 3%.
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.
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.
Top contributors
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Professor of Economics, 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
