As the population ages, the RBA’s interest rate policy is no longer fit for purpose
- Written by Lisa Denny, Adjunct Associate Professor, University of Tasmania
Yan Krukov/PexelsAn extensive government review of the Reserve Bank of Australia (RBA) in 2023 made 51 specific recommendations to enable “an RBA fit for the future”. But the narrow terms of reference confined the review to an economic lens.
The failure to investigate the effectiveness of monetary policy setting through a demographic...
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