Australia’s GDP was up 3.4 per cent last quarter of 2021, on the back of pent-up consumer spending. Other factors must drive future growth.
There’s no reason why Australian lenders couldn’t offer 30-year fixed-rate mortgages, as they do in the US.
The case for the RBA increasing interest rates certainly exists. But it’s far less pressing than in the United States.
Australia faces economic problems down the road if three big, structural reform areas – housing affordability, the tax mix, and decarbonisation – are not addressed.
The independence of Australia’s central bank doesn’t make it infallible. It should welcome peer review.
The Reserve Bank governor's 'forward guidance' risks him not adapting to changing circumstances, or undermining his credibility.
The RBA shouldn't be spooked into raising interest rates, but the prospect of inflation in the next few years is an important consideration for central banks around the world.
Our continued recovery depends on how much we spend and how quickly we get the vaccine.
Weak GDP growth and the US-China trade dispute remain prominent economic challenges for 2020 according to UNSW's Professor Richard Holden.
When the Reserve Bank considers the numbers around inflation, it knows it has little choice but to act, says Professor Richard Holden.