Topic archives: Reserve Bank of Australia

Wage stagnation is a major failing of our governing class

and May 17, 2018 8

Policymakers, refusing to accept that their wage growth thinking is deeply flawed, serve nothing but the interests of profitable corporations.

New Zealand shows the path ahead on wages growth — and it’s not upward

and May 3, 2018 14

The New Zealand economy is at full employment but wages aren't budging -- suggesting the optimism about wages growth in Australia is ill-founded.

No, the wages drought isn’t ‘over’. In fact, things have gotten worse.

and April 12, 2018 9

Contrary to the impression given by the head of the Reserve Bank, there's little positive in recent wages growth data -- and what little there is is hardly cause for celebration.

Running a public bank ain’t as easy as it used to be

and April 5, 2018 13

Setting up and running a major lending institution doesn't just happen. It takes huge resources -- something the Greens are apparently oblivious to.

Greens’ embrace of idiot fringe economics ruins years of credibility

and April 4, 2018 109

Subsidised mortgages and universal basic income show that the Greens have lost the plot on economic issues, Bernard Keane and Glenn Dyer write.

Reserve Bank puts a price tag on NIMBYism

March 9, 2018 16

Reserve Bank research shows just how much zoning decisions can add to the cost of housing -- to the benefit of NIMBY residents who enjoy huge property price gains as a result.

Reserve Bank head spoils the tax cut narrative at neoliberal frolic

and March 7, 2018 19

Reserve Bank governor Philip Lowe has spoilt the corporate tax cut argument by pointing to surging investment and ignoring the whole issue of tax.

The overlooked area of our economy that could hold the key to productivity

and January 22, 2018 4

We talk a lot about productivity but rarely with any seriousness. And we might not even be looking in the right place for growth.

Why the RBA needs a more fluid approach to interest rate moves

December 20, 2017 4

The RBA's habit of moving the interest rate by a quarter of a percent each way -- regardless of the needs of the economy -- is outdated and unhealthy.

Amazon isn’t the only predator in the retail jungle

and November 23, 2017 4

The arrival of Amazon is only the latest threat to retailing, which has been enduring structural change in the economy now for years.

Who’s behind the wages drought?

and November 22, 2017 29

If business is to blame for wage stagnation, what role do investors play? The Reserve Bank has a view, write Bernard Keane and Glenn Dyer.

Crikey Worm: Mugabe resigns

November 22, 2017 1

Good morning, early birds. Zimbabwe's long-time dictator has finally, formally resigned, and former immigration minister Philip Ruddock has been entrusted with reviewing religious protections in Australian law. It's the news you need to know, with Max Chalmers.

Shareholder dividends v real investment: RBA picks a winner

and November 14, 2017 3

Are shareholders and ticket clippers a weight on effective investment in the economy? The Reserve Bank seems to think so.

Electricity the sticking point as policymakers strain to see wage rises

and October 20, 2017 2

Electricity prices are likely to drive inflation up, making the challenge of stagnant wages more acute for policymakers, Bernard Keane and Glenn Dyer write.

Should we take responsibility for energy policy away from the government?

October 11, 2017 17

If kicking the politicians out of policymaking is good enough in monetary policy, why isn't it good enough in energy?

Rate rise not looming, and jobs growth won’t spell rate hike

September 15, 2017 1

The kind of jobs growth we're seeing at the moment would traditionally have the RBA reaching for the interest rate trigger. But not now, Glenn Dyer and Bernard Keane write.

Reserve Bank frets about wages and Australia’s five minutes in the economic sun

September 1, 2017 8

All signs are that the economy is building strength, but workers don't feel like it because of stagnant wages. And that's a crimp on the government's communication plans, Bernard Keane and Glenn Dyer write.

CBA v the regulators: the questions that need to be asked

August 10, 2017 3

We need to hear from the other financial regulators who knew what and when about the CBA money-laundering scandal, Glenn Dyer and Bernard Keane write.

Raise those rates! Financial Review warns the tsar

July 28, 2017 2

On the economy, there's normal stupid, and there's Financial Review stupid, as the brains trust at the Fin spells out its disappointment at the Reserve Bank.

The RBA is not going to play global interest rate chicken

July 27, 2017 2

The head of the Reserve Bank has put monetary policy hawks firmly in their place. But his assessment of wage stagnation leave something to be desired, Bernard Keane and Glenn Dyer write.