23 April 2023
The RBA Review Had Surprising Omissions
A report that recommended profound changes lacked any evidence to show it was not a set of solutions in search of a problem. The long-awaited review of the Reserve Bank, released to the public last Thursday, had few surprises yet had surprising omissions. For a report that recommended profound changes to the central bank, it lacked any evidence that these changes are,
5 August 2022
IPA Report: Debt Repayments To Quadruple By 2030
“The consequences of years of reckless government spending is set to be multiplied as rapidly rising interest rates will cause an explosion to the federal government’s debt repayment obligations,” said Daniel Wild, Deputy Executive Director of the Institute of Public Affairs. A landmark study released today by the IPA, Australia’s Debt Disaster: Estimating Interest Repayments on Federal Government Debt by
16 August 2019
What Are These Central Banks Up To?
It’s funny how in such a supposedly egalitarian country as Australia we pay so much deference to public servants. We pay them a lot (much more than their overseas counterparts), we give them a lot of power, and perhaps most important of all, we hardly ever question what they do. The attitude of politicians, the business community, and most of
