Pitch Engine
Times Advertising


.

The RBA is not a law unto itself — an external review would be good for it

  • Written by Richard Holden, Professor of Economics, UNSW
The RBA is not a law unto itself — an external review would be good for it

The testimony from Reserve Bank of Australia governor Philip Lowe to the House of Representatives’ Standing Committee on Economics last week seemed familiar.

The committee’s deputy chair, the Labor Party’s Andrew Leigh, asked Lowe a series of pointed but important questions. Lowe tried to duck them, with limited success.

The most...

Read more: The RBA is not a law unto itself — an external review would be good for it

More Articles ...

  1. Australia was a model for protecting people from COVID-19 — and then we dumped half a million people back into poverty
  2. Can Australian employers make you get a COVID-19 vaccine? Mostly not — but here's when they can
  3. MediaWorks and NZ's problem with toxic work cultures — why HR can’t fix everything
  4. Crown Resorts is not too big to fail. It has failed already
  5. If machines can be inventors, could AI soon monopolise technology?
  6. Would a $300 vaccination payment work? There are reasons to doubt it
  7. Why Jack Dorsey's Square paid a record $39 billion for Afterpay
  8. Paying Australians $300 to get fully vaccinated would be value for money
  9. Equality and fairness: vaccines against this pandemic of mistrust
  10. Top economists say cutting immigration is no way to boost wages
  11. Vital Signs: Uber's impact on traffic accidents is a lesson in calculating social benefit
  12. Gamblers bet more when in the dark: feedback can curb their online losses
  13. A COVID 'ring of steel' around Sydney would play havoc with Australia's supply chains
  14. Australian farmers are adapting well to climate change, but there's work ahead
  15. Now that Australia's inflation rate is 3.8%, is it time to worry?
  16. Aggressive marketing has driven the rise of the double-cab ute on New Zealand streets — time to hit the brakes?
  17. What's in the CPI and what does it actually measure?
  18. How a new trade deal could make it harder to improve life for Australians in aged care
  19. We're losing the vaccination race because of bungling, not bad luck
  20. The Brisbane Olympics are a leap into an unknowable future
  21. Australia's government gives more support to fossil fuel research than is apparent
  22. The problem with employment services: providers profit more than job seekers
  23. When COVID is behind us, Australians are going to have to pay more tax
  24. Exports and immigrants have masked Australia's poor R D record. Here are some simple fixes
  25. Vital Signs: amid the lockdown gloom, Australia's jobless rate hits decade low of 4.9%
  26. From slushie machines to megalitres of alchohol spray, the Tokyo Olympics are a logistical nightmare
  27. The success of Iceland's 'four-day week' trial has been greatly overstated
  28. Australia's new vaccination campaign is another wasted opportunity
  29. Our estimates suggest we can get Australia's unemployment down to 3.3%
  30. Why most economists continue to back lockdowns
  31. Vital Signs: RBA governor Philip Lowe's dangerous game on interest rates
  32. Australia and New Zealand are signing up for an international tax on the tech giants — but will it be enough?
  33. A national insurance crisis looms. The Morrison government's $10 billion 'pool' plan won't fix it
  34. What New Zealand should win from its trade agreement with post-Brexit Britain
  35. RBA starts three-year countdown to lift in interest rates
  36. Open-plan office noise increases stress and worsens mood: we've measured the effects
  37. Vital Signs: Australia's anti-lockdown tribe battles on against the evidence
  38. Are low interest rates increasing inequality? No, says the world's central bank
  39. Yes, lockdowns are costly. But the alternatives are worse
  40. Economy will be weak and in need of support after pandemic, say top economists in 2021-22 survey
  41. The intergenerational report was sobering, but the reality may be worse
  42. From UFOs to COVID conspiracy theories, we all struggle with the 'truth out there'
  43. Intergenerational reports ought to do more than scare us — they ought to spark action
  44. Be suspicious of claims the mining industry creates non-mining jobs
  45. Airline policies mandating vaccines will be a turbulent test of workplace rights
  46. Intergenerational report to show Australia older, smaller and more in debt
  47. More older New Zealanders are starting businesses — and they’re motivated by more than just money
  48. Australia's handling of the pandemic ranked more accountable than most, but not perfect
  49. Vital Signs: how to halve serious injuries and deaths from teenage driving accidents
  50. The case for a Tasmanian AFL team, from an economist's point of view