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Browse: Home / reserve bank

reserve bank

The battle of the budget bottom line

By Mark Bahnisch on September 1, 2010

The three rural Independents are meeting this morning with Treasury Secretary Ken Henry to discuss the state of the economy. Yesterday, in her address to the National Press Club [see previous LP discussion here], Prime Minister Julia Gillard made a [...]

Posted in Economics, federal election 2010 | Tagged ALP, andrew wilkie, Bob Katter, economic policy, Federal Election 2010, hung parliament, Independents, infrastructure australia, Julia Gillard, Ken Henry, Labor, Nationals, pork, reserve bank, Wayne Swan | 19 Responses

Economic management: A choice between austerity and complacency?

By Mark Bahnisch on August 4, 2010

Laura Tingle’s story that the Coalition are planning a mini-budget if elected featured on the front page of today’s Financial Review. Tony Abbott downplayed the prospect on radio this morning, probably because to do otherwise would be to be seen [...]

Posted in Economics, federal election 2010, Politics | Tagged economic management, Federal Election 2010, GFC, housing, Joe Hockey, Julia Gillard, Laura Tingle, Policy, rates, reserve bank, Tony Abbott, Wayne Swan | 19 Responses

Lame claims: invoking the Reserve Bank and Treasury politically

By Mark Bahnisch on August 18, 2009

Sometimes, in politics, it might be better to remain silent. Glenn Milne’s latest intervention, talking up a line from Liberal MP Scott Morrison, has to be one of the lamest ever political attack lines. [For those who don't want to [...]

Posted in Economics, Media, Politics | Tagged climate change legislation, economic management, economic policy, ets, Glenn Milne, Glenn Stevens, interest rates, Ken Henry, Kevin Rudd, Lindsay Tanner, Media, reserve bank, Rudd government, Sinclair Davidson, Treasury, Wayne Swan | 16 Responses

The recession that never was?

By Robert Merkel on June 3, 2009

According to the Australian Bureau of Statistics, we’re not in a recession. At least in terms of the definition of recession as two quarters of negative growth, that is – the economy grew by about 0.4% last quarter. It’s not [...]

Posted in Economics, Politics | Tagged global financial crisis, reserve bank, Treasury | 53 Responses

Unemployment – no longer just for "dole bludgers"?

By Mark Bahnisch on February 2, 2009

On the same day the Reserve Bank Board meets after its summer break, Federal Parliament resumes tomorrow. Among the bills which will be considered is one embodying the loosening of penalties on jobseekers who “breach” agreements with employment services providers. [...]

Posted in Economics, Politics, Poverty | Tagged benefits, Coalition, employment services, federal parliament, Julia Gillard, newstart, nick xenophon, reserve bank, social policy, unemployment, welfare policy | 46 Responses

John Hewson discovers excitable punctuation, anti-political fantasies and other stuff to do with the end of political year 2008

By Kim on December 19, 2008

End of year reflection on the state of politics and the nation type articles can be interesting. They can be tedious rehashes of trivia and reinventions of an already distorted reality to prove punditarian narratives r us and are ace [...]

Posted in Activism, Climate change, Economics, Energy, Federal Elections, Foreign Elections, International, Markets, Media, Policy, Politics, Sociology, USA | Tagged Activism, barack obama, bernard keane, citizen engagement, Climate change, cprs, economic management, emissions trading, Glenn Stevens, interest rates, John Hewson, Kevin Rudd, neoliberalism, political sociology, Politics, public policy, reserve bank, Rick Warren, Rudd government, US election 2008, white paper, year in review | 12 Responses

Economic and political disconnects (and the sociology of knowledge)

By Mark Bahnisch on December 3, 2008

It’s hard to know whether to blame the pollies or the press gallery more for the sorry standard of political and economic debate in this country. Did that golden age Paul Kelly used to talk about when Paul Keating had [...]

Posted in Consumerism, Economics, Government, International, Markets, Media, Sociology, USA | Tagged ALP, barack obama, behavioural economics, cats claws, collective action, dialectic, economic management, economic sociology, economists, fiscal policy, George W. Bush, global financial crisis, interest rates, Julia Gillard, Julie Bishop, Kevin Rudd, Labor, liberals, LIBOR, lived economy, Malcolm Turnbull, non-farm growth, Paul Krugman, political economy, reserve bank, Rudd government, shared realities, social construction, Sociology, sociology of knowledge, unemployment, us economy | 18 Responses

Spend, spend, spend! It's your patriotic duty… or something

By Mark Bahnisch on November 20, 2008

The stock market has lost 51% of its value since its peak, a decline we’re told now exceeds the destruction of value seen in 1987. On the ABC News tonight, Alan Kohler grimly pointed to an index (tradeable, I think, [...]

Posted in Disasters, Economics, Markets, Sociology, USA | Tagged Alan Kohler, ALP, ASX, bear market, black monday, consumers, consumption, credit card, Crikey, debt, deflation, economic policy, equities, Glenn Stevens, global financial crisis, inflation, Kevin Rudd, Keynes, recession, reserve bank, Rudd government, stock market, unemployment, wages, Wayne Swan, working hours | 90 Responses

More Christmas presents from the Reserve Bank

By Robert Merkel on November 19, 2008

Peter Martin predicts that the Reserve Bank will cut interest rates again by at least 0.75%, and possibly 1%, when it meets on December 2. If you take the pessimistic view, you might argue that the Bank is scared out [...]

Posted in Economics | Tagged Christmas, interest rates, mortgages, Peter Martin, reserve bank | 21 Responses

A lapse in judgement? Or too many barristers?

By Mark Bahnisch on October 23, 2008

The Coalition’s apparent belief that everything that they read in the (Australian) newspaper must be true has got them into all sorts of trouble this week. The bizarre spectacle of a gaggle of Liberal Senators piling on Treasury Secretary Ken [...]

Posted in Economics, Ethics, Law, Markets, Media | Tagged deposit guarantee, Glenn Stevens, Ken Henry, Malcolm Turnbull, Michelle Grattan, reserve bank, Senate Estimates, Treasury Secretary | 47 Responses

No early Newspoll; interest rates to be cut

By Kim on October 7, 2008

I wonder if no Newspoll is bad news for the pollsters and those who own them. This must be the first Monday in living memory (well, since anyone started paying attention to this stuff before last year’s campaign) when there [...]

Posted in Economics, Markets, Media, Polls | Tagged ALP, cash rate, Coalition, economic crisis, financial markets, interest rate cut, interest rates, Kevin Rudd, Labor, liberal leadership, Liberal Party, Malcolm Turnbull, Newspoll, Polls, psephological analysis, reserve bank, Rudd government, Wall Street | 17 Responses

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