By saying the RBA should tell the government what it should be doing,the One Nation treasury spokesman effectively outsources economic policy to unelected boffins.
Admitting the party had not yet become credible on economics,Barnaby Joyce said One Nation would review the operations of Australia’s central bank.
We’re likely to see a flurry of changes to banks’ reward schemes in coming months,as the industry prepares for an RBA-driven overhaul.
The ride-share giant will make the change from July 16. This is how it will work.
The Reserve Bank created $500 billion and slashed interest rates to deal with the pandemic. It might do things very differently during the next crisis.
If the Reserve Bank has seemed more intent on hammering down inflation than preserving jobs,that’s because it is. The reason? It comes down,partly,to shapes.
Inflation fell to 4 per cent in May. However,there are signs that underlying price pressures remain a problem for the economy.
The Federal Reserve’s new chair has set up taskforces that could radically change the way the US central bank operates. But its mandate won’t change.
Treasurer Daniel Mookhey warns higher interest rates are taking a disproportionate toll on the state.
The RBA has kept rates on hold for the first time this year and said people should not be alarmed by a slowing economy.