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Building back better: how RBA Governor Philip Lowe sees the year ahead

  • Written by Isaac Gross, Lecturer in Economics, Monash University

Reserve Bank Governor Philip Lowe has painted an optimistic view of where the Australian economy is heading after a turbulent 2021.

Just how crazy last year was is highlighted by the differences between the bank’s forecasts at the start of last year and what has actually happened.

Despite the Delta and Omicron waves of COVID, which were...

Read more: Building back better: how RBA Governor Philip Lowe sees the year ahead

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  2. Inflation is raising prices and reducing real wages – what should be done to support NZ’s low-income households?
  3. Omicron will only add to looming workforce shortages already faced by key New Zealand industries
  4. Would you pass this financial literacy quiz? Many won't – and it's affecting expensive aged care decisions
  5. Things look worse for casual workers than at any time during the pandemic
  6. Top economists expect RBA to hold interest rates low in 2022, as real wages fall
  7. Vital Signs: it's too early for the RBA to pull the trigger on interest rates
  8. An unemployment rate below 4% is possible. But for how long?
  9. Inflation hits 3.5%, but one high number won't budge the Reserve Bank on interest rates
  10. Where's the meat? Employers and governments should have seen this supply crisis coming, and done something
  11. Vital Signs: disclosure please, we shouldn't be playing bingo with COVID statistics
  12. The Singapore-inspired idea for using super for housing that could cut costs 50%
  13. The 3 problems with fines for not reporting positive COVID tests
  14. NFTs, an overblown speculative bubble inflated by pop culture and crypto mania
  15. Relax, Australia does not have (and is not likely to have) a shortage of food
  16. Healthy humans drive the economy: we're now witnessing one of the worst public policy failures in Australia's history
  17. Labor's proposed $10 billion social housing fund isn't big as it seems, but it could work
  18. Post-pandemic, ‘small business fetishism’ could cost us jobs
  19. Vital Signs: Sydney to Newcastle fast rail makes sense. Making trains locally does not
  20. Don't look Up! has a surprising amount to tell us about economics, much of it useful
  21. A simple calculation can stop artificial intelligence sending you broke
  22. How COVID-19 changed the way we shop – and what to expect in 2022 and beyond
  23. How Australia’s biggest wine-growing region came to pioneer alcohol control
  24. Why COVID-19 means the era of ever cheaper air travel could be over
  25. Explainer: what is corporate social responsibility or CSR – and what do investors need to know?
  26. Triumph of the mall: how Victor Gruen’s grand urban vision became our suburban shopping reality
  27. Remembering Geoffrey Giudice, the 'bosses man' who helped make Australia's Fair Work Commission fair
  28. Like songs, the best graphs tell stories. Here are my 10 favourites from 2021
  29. Should I pay off the mortgage ASAP or top up my superannuation? 4 questions to ask yourself
  30. Would Keynes have bought Bitcoin?
  31. Extraordinarily, the effects of the Spanish Inquisition linger to this day
  32. Are you a more holistic or analytic thinker? Take this quiz to find out
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  34. $16 billion of the MYEFO budget update is 'decisions taken but not yet announced'. Why budget for the unannounced?
  35. Allan Fels: As ACCC chair, Gina Cass-Gottlieb will put the public interest first, despite years of fighting for business
  36. That reverse mortgage scheme the government is about to re-announce, how does it work?
  37. Forget calls for a royal commission into Australia's big media players – this is the inquiry we really need
  38. 'Sorry, I don’t understand that' – the trouble with chatbots and how to use them better
  39. Why 'buy now, pay later' stocks fell in 2021, and what's in store
  40. Over 300,000 New Zealanders owe more than they own – is this a problem?
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  44. Content from confrontation: how the attention economy helps stoke aggression towards retail workers
  45. Remembering Geoff Harcourt, the beating heart of Australian economics
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