Tag: Interest rates
Why is the Reserve Bank independent from government, and why does it matter?
The Greens have called for the government to intervene and tell the RBA to cut interest rates. Such a step would undermine central bank independence.
View from The Hill: The Greens’ demands on the RBA make for bad economic policy. Is it also crazy politics?
When the Greens tell Labor they’re ready to negotiate, what they usually mean is they’re preparing to make populist demands that can’t or shouldn’t be met.
Grattan on Friday: US rate cut puts pressure on RBA - and things could get heated
Governor Michele Bullock might need her flak jacket when she fronts the media next Tuesday after the bank’s two-day board meeting. Following the United States cutting interest rate by half a percentage point.
View from The Hill: Australians don’t need to be told high interest rates are ‘smashing’ the economy, but is there an alternative?
Jim Chalmers mightn’t have expected his weekend comment that interest rate rises were “smashing” the Australian economy to set off the reaction it has. it’s been something of a Chalmers mantra.
Politics with Michelle Grattan: Economist Chris Richardson on a likely interest rate rise and the fall in living standards
In this podcast, independent economist Chris Richardson joins The Conversation to discuss a rate rise, "sticky" inflation, the fall in the standard of living, and a bleak prospect as we go into 2024.
