Business
The central bank under fire: Has the RBA failed Australians? – Sydney Morning Herald
The role and importance of the central bank is little understood, but a number of economists and experts are claiming it has failed the country.
Normal text sizeLarger text sizeVery large text size
Struck in bronze and attached to a dominating piece of stone in the foyer of the Reserve Banks headquarters in Sydneys Martin Place is the banks charter.
Every day, as bank staff enter the building, they are reminded of the central banks critical functions.
Those functions are to direct bank policy to the greatest advantage of the people of Australia. It is to do that through three key actions: maintaining the stability of the currency, ensuring…
-
Noosa News17 hours agoJazz sellout at The J
-
General16 hours agoAnne-Marie Te Whiu on new book of poetry, Mettle, and why she dedicated it to her younger self
-
General18 hours agoHi-tech search for accused cop-killer hits second week
-
General13 hours agoRecord forecast for Australia’s world-class agriculture