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Tag: Reserve Bank

An OECD Analysis of the Federal Government’s Policies

16 September 2021

This is a good and reasonably comprehensive article in The Guardian where the OECD looks at Australia with some interesting graphs and international comparisons. 

The OECD also wants to review the role of the Reserve Bank.  One might comment that the Reserve Bank might have more power in other countries and the OECD might either think it has more power here, or is pushing for it to have such. The RBA here had traditionally kept out of politics, finally made some very sensible comments and been roundly ignored.

www.theguardian.com/business/grogonomics/2021/sep/15/australias-climate-failures-are-costing-its-economy-and-scott-morrisons-government-is-being-blamed?CMP=Share_iOSApp_Other&fbclid=IwAR0HPjSa-z0Esu7GklbLRl3IrvAzJnjsBdMNX7VhWFbCcOsNbNBTYGpZO2U

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A Law is Coming to Get Ready for Negative Interest Rates 2/8/19

A Recession Alert!  A Law is Coming to Get Ready for Negative Interest Rates, but it being sold as just another move against the ‘black economy.  The bill is the ‘Currency (Restriction Use of Cash) Bill 2019’. Cash is used in the black economy to avoid tax. But when the GST came in, the obvious […]

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