SYDNEY—Government plans to reform the Reserve Bank of Australia by introducing a dual-board system—one for setting interest rates and the other for day-to-day governance—have stalled and are ...
Which suggests this week's outburst marks a decisive shift in the economic debate. Whether pummelling the RBA makes the government look desperate or strong will be for voters to decide.
Sunrise host Nat Barr asked Mr Chalmers on Tuesday. Mr Chalmers denied he was trying to shift the spotlight onto the RBA or that there was a shift in the government’s rhetoric. “I think it is ...
SYDNEY—With just two weeks to go before she completes her first anniversary as governor of the Reserve Bank of Australia, Michele Bullock can look back on a year in which she has neither bent ...
But I think the RBA has done a good job. “Businesses have seen not only an increase in borrowing costs, but on top of that inflation has been stubborn, so they’ve had a significant increase in ...
Australian Treasurer Jim Chalmers says he has “the utmost respect” for the independence of the Reserve Bank, while again blaming its policy for slow economic growth.
The overnight comments were seen as the government appearing to shift blame onto the RBA ahead of the release of Wednesday’s June quarter GDP figures that are expected to show a meagre 0.2 per ...
John Simon has also urged Treasurer Jim Chalmers not to automatically shift all existing RBA board members to a new interest-rate setting board, given an independent review last year found the ...
“Retail sales are only a guide to goods consumption whereas the RBA is clearly more concerned about the strength of services spending,” said Capital Economics ANZ economist Abhijit Surya.
The RBA will not follow the Fed and cut rates this year because inflation is still too sticky and the 4.35 per cent cash rate is not very high, Andrew Hauser says. Dominic Lorrimer US Federal ...
John Quiggin does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...