Tag Archives: rba

A question you could ask RBA Deputy Governor Guy Debelle at ESA Qld business lunch on 22 August

Ten years after the 2008 financial crisis, economists are still debating whether the policy response at the time was excessive or insufficient (e.g. the excellent recent Macro Musings podcast with Larry Ball on the Lehman collapse) and whether banking needs … Continue reading

Posted in Macroeconomy, Uncategorized | Tagged , , , , , , , | 6 Comments

Upcoming AIIA talk on Asian tiger & tiger cub economies and impacts on Qld and Australia

When I first started studying economics in the early nineties, the international economies that mattered most to Australia were Japan, then beginning its lost decade, and the US, the winner of the cold war and the undisputed global economic and … Continue reading

Posted in China, Uncategorized | Tagged , , , , , , , , , | 4 Comments

Michael Knox on why the RBA won’t hike interest rates any time soon

In today’s Financial Review, economics correspondent Jacob Greber observed: The RBA has gone more than seven years now without raising interest rates, the longest span since the official cash rate was introduced in the early 1990s. Indeed, on Melbourne Cup … Continue reading

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UQ student’s Treasury prize winning essay highlights benefits of competition & free trade

The Australian Treasury yesterday announced the winner of its inaugural essay competition, and the award went to University of Queensland Economics student Elizabeth Baldwin, who incidentally also won the RBA/Economic Society of Australia essay prize last year. The essay question … Continue reading

Posted in Productivity, Trade, Uncategorized | Tagged , , , , , , , , , , | Leave a comment

RBA making it up as it goes along

After a speech by Assistant RBA Governor Michele Bullock yesterday, there is speculation about the RBA pushing APRA to instruct banks to further restrain their lending to housing investors- strengthening the so-called macro-prudential regulation that has had only limited success … Continue reading

Posted in Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , | 6 Comments

Strong growth in plant & equipment capex is good news for Qld economy

Last Friday, in his opening statement to the House of Representatives Standing Committee on Economics, RBA Governor Phil Lowe observed: “Nationally, measures of business conditions have picked up noticeably recently. For some time we have been waiting for a lift … Continue reading

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Better Living through Economics – upcoming presentation at UQ

Economists have made immense contributions to people’s wellbeing over the last fifty years. An Australian example that comes to mind is the instrumental role economists played in advocating for and designing microeconomic reforms, including tariff reductions, privatisations and the deregulation … Continue reading

Posted in Macroeconomy, Trade, Uncategorized | Tagged , , , , , , , , , | 3 Comments