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Reserve Bank of Australia

RBA and the importance of being earnest

On Tuesday next week the board of Australia's central bank will be repeating an avoidable mistake. The board will meet to set the cash rate, with better information -- the national accounts -- being available for them to make their decision being released the next day. Read More

Philip Lowe officially named next RBA governor

As current RBA deputy governor, Lowe replaces his long-time boss Glenn Stevens, and will be joined on the RBA board by another highly experienced public policy expert whose board appointment was announced today, Professor Ian Harper. Read More

Philip Lowe: what is the new normal for economic policy?

Policy makers and government economists are being confronted with a once-in-a-generation low interest rate phenomena, which could mean Australia is in for a repeat of the tepid growth that plagued the Japanese economy of the last 20 years. RBA deputy governor Philip Lowe reflects on what it means as Australia struggles with the double challenge of low yields and the transition out of the mining boom. Read More

Terry Moran calls for agency accountability plans

Inconsistent agency models mean many are not fully accountable, argues former PM&C head Terry Moran. But there are good models for how agencies can improve transparency, accountability and public confidence, and possibly save themselves from being swallowed by their department. Read More