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Monetary Policy and Financial Stability
9 Dec 2004
Bulletin
PDF
67KB
In this way, it placed the general objectives in the Reserve Bank Act within a logically coherent framework. ... In this latter aim, the Reserve Bank’s ability to act as lender of last resort is crucial.
https://www.rba.gov.au/publications/bulletin/2004/dec/pdf/bu-1204-1.pdf
Monetary Policy in Economic Expansions
26 Feb 2001
Bulletin
PDF
63KB
The centrepiece of thishas been the inflation target and theGovernment’s reaffirmation of theindependence of the Reserve Bank as outlinedin our Act. ... While the inflation target has played animportant part in maintaining low inflation,there is more
https://www.rba.gov.au/publications/bulletin/1999/nov/pdf/bu-1199-3.pdf
Central Bank Independence: What Does It Mean?
22 Feb 2002
Bulletin
PDF
74KB
December 1994. 4. Humphrey-Hawkins Act requires the FederalReserve to conduct monetary policy topromote the goals of ‘maximum employment,stable prices, and moderate long-term interestrates’. ... In the United States, theChairman of the Federal
https://www.rba.gov.au/publications/bulletin/1994/dec/pdf/bu-1294-1.pdf
The Changing Stock Cycle in Australia
28 Feb 2003
Bulletin
PDF
56KB
An implication of this change is an alteredbusiness cycle. Any downturn in demand willimpact on output more quickly sinceinventories will not act as a buffer to the degreethat they once did.
https://www.rba.gov.au/publications/bulletin/1993/sep/pdf/bu-0993-2.pdf
New Timely Indicators of Wages Growth
15 Feb 2024
Bulletin
- September 2023
PDF
853KB
https://www.rba.gov.au/publications/bulletin/2023/sep/pdf/new-timely-indicators-of-wages-growth.pdf
Six Years of Inflation Targeting
23 Feb 2001
Bulletin
PDF
103KB
The Reserve Bank Act was notrewritten. There was no formal arrangement. ... 19. One more quote from Bernie Fraser (1994): ‘The cardinal rule is that the authorities will act decisively, whennecessary, to keep inflation under control.
https://www.rba.gov.au/publications/bulletin/1999/may/pdf/bu-0599-2.pdf
Bulletin December Quarter 2022
8 Dec 2022
Bulletin
- December 2022
PDF
4585KB
https://www.rba.gov.au/publications/bulletin/2022/dec/pdf/bulletin-2022-12.pdf
Inflation and Productivity
22 Feb 2002
Bulletin
PDF
75KB
My judgment is thatthey are not, and that most of the emergingeconomic forces of the 1990s are likely to act inthe opposite direction, namely to put upwardpressure on productivity and competition ... Hurdle rates of returnshould be lowered accordingly,
https://www.rba.gov.au/publications/bulletin/1993/sep/pdf/bu-0993-1.pdf
Merchant Service Fees for Credit Cards
14 Jul 2004
Bulletin
PDF
53KB
Confidentialityprovisions of the Reserve Bank Act 1959prevent the publication of more precise data,given that there are only two significantthree-party schemes (American Express andDiners Club).
https://www.rba.gov.au/publications/bulletin/2004/jul/pdf/bu-0704-2.pdf
Monetary Policy Regimes: Past and Future
23 Feb 2001
Bulletin
PDF
81KB
Also importantwas the need to build public support,including political support, for a target, andagain this happened gradually rather than ina single, decisive act. ... The statement gavethe Government’s formal endorsement to theindependence of the
https://www.rba.gov.au/publications/bulletin/1997/oct/pdf/bu-1097-4.pdf