Pitch Engine
The Times


.

The RBA's pre-COVID failure to cut interest rates faster may have cost as much as 270,000 jobs

  • Written by Isaac Gross, Lecturer in Economics, Monash University
The RBA's pre-COVID failure to cut interest rates faster may have cost as much as 270,000 jobsShutterstock

The Reserve Bank of Australia is about to be put under the microscope in the first major review of its performance in at least 30 years, and perhaps forever.

In research published this month in the Economic Record, Australian Labor member of parliament Andrew Leigh and myself analyse how the bank has set interest rates over the past two...

Read more: The RBA's pre-COVID failure to cut interest rates faster may have cost as much as 270,000 jobs

More Articles ...

  1. Timber shortages look set to delay home building into 2023. These 4 graphs show why
  2. Swapping stamp duty for land tax would push down house prices but push up apartment prices, new modelling finds
  3. NSW's biggest coal mine to close in 2030. Now what about the workers?
  4. Australia isn't experiencing the great resignation yet, but there has been an uptick
  5. An extra 60,600 Australians found work in May. Here's why wages aren't moving much
  6. How we invented 'unemployment' – and why we're outgrowing it
  7. This 5.2% decision on the minimum wage could shift the trajectory for all workers
  8. Australia already has a UK-style windfall profits tax on gas – but we'll give away tens of billions of dollars unless we fix it soon
  9. Does paying for tax advice save money? Only if you’re wealthy
  10. Australia's Reserve Bank has got a lot right, but there's still a case for an inquiry
  11. Women’s probability of being in poverty more than doubles after separation
  12. The housing game has changed – interest rate hikes hurt more than before
  13. Expect the RBA to go easy on interest rate hikes from now on – we can't afford rates to climb as steeply as the market expects
  14. Beyond boats, beef and Bali: Albanese's unfinished business with Indonesia
  15. Memo RBA: we ought to live with inflation, more of it
  16. Why is lettuce so expensive? Costs have shot up, and won't return to where they were
  17. A century-old double standard: like Labor leaders before him, Albanese is being told he can't manage money
  18. Our business schools have a blindspot that's hindering a more co-operative culture
  19. 4 reasons our gas and electricity prices are suddenly sky-high
  20. Here's a scheme Labor should ditch in its bid to boost productivity. It's the 'patent box'
  21. National income is climbing, but the share going to wages is shrinking: 6 graphs that explain the economy
  22. There's one big reason wages are stagnating: the enterprise bargaining system is broken, and in terminal decline
  23. Australia's biggest economic threat isn't home-grown. It's a recession, originating in the United States
  24. China's population is about to shrink for the first time since the great famine struck 60 years ago. Here's what it means for the world
  25. Expect more power price hikes – a 1970s-style energy shock is on the cards
  26. Military history is repeating for Russia under Putin's regime of thieves
  27. Memo to Labor: you need more tax, working out how much more is urgent
  28. Super co-contribution has cost $10 billion to help the wrong Australians – so let's scrap it
  29. Low staff turnover, high loyalty and productivity gains: the business benefits of hiring people with intellectual disability
  30. Lifting the minimum wage is anything but reckless – it's what low earners need
  31. A new dawn over stormy seas: how Labor should manage the economy
  32. Labour’s fourth ‘well-being budget' still comes up short on the well-being of women
  33. 5 charts show how trust in Australia's leaders and institutions has collapsed
  34. At 3.9%, Australia's unemployment rate now officially begins with '3'. What's next?
  35. A budget for the ‘squeezed middle’ – but will it be the political circuit-breaker Labour wants?
  36. Raiding super early has already left women worse off. Let's not repeat the mistake for home deposits
  37. Proof positive. Real wages are shrinking, Wednesday's figures put it beyond doubt
  38. Are real wages falling? Here's the evidence
  39. Air of compromise: NZ's Emissions Reduction Plan reveals a climate budget that’s long on planning, short on strategy
  40. Elections used to be about costings. Here's what's changed
  41. Will the budget be another missed opportunity to get more New Zealanders out of their cars?
  42. The Russian invasion of Ukraine made everyone nervous, upending trade patterns for exporting countries like New Zealand
  43. Super for housing or the government as a co-owner: how Liberal and Labor home-buyer schemes compare
  44. Australia is bringing migrant workers back – but exploitation is still rampant. Here are 3 changes needed now
  45. The cost of living crisis means bolder budget decisions are needed to lift more NZ children out of poverty
  46. We all lose when charities compete with each other. They should join forces
  47. If governments were really concerned about tax and the cost of living they would cut the cost of childcare
  48. How well off you are depends on who you are. Comparing the lives of Australia's Millennials, Gen-Xers and Baby Boomers
  49. Electricity prices are spiking, ten times as much as normal. Here are some educated guesses as to why
  50. The age of hybrid working is here – how can businesses find the right mix between office and home?
hacklink hack forum hacklink film izle hacklink online casinos australiatipobetonline casino australiaz lib.idDeneme bonusu veren siteler 2026Grandpashabetmarsbahis girişaresbetbetparkjojobetdeneme bonususlot sitelericasibomgrandpashabetgrandpahabetjojobetjojobetjojobet