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Regulation

18 September 2024 • By Maja Garaca Djurdjevic • 1 min read

Coalition’s bold election play: Deregulate financial services and supercharge private sector

Shadow treasurer Angus Taylor has unveiled the Coalition’s bold new financial services strategy, stressing a return to economic fundamentals amid an ...

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RBA shifts focus to wholesale CBDC over retail option

The RBA will prioritise work on a wholesale CBDC over a retail one, viewing it as more of an evolution than a revolution in monetary policy

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Economists question wisdom of dismantling RBA ahead of potential rate cuts

Economists are raising eyebrows over the timing of the Reserve Bank of Australia (RBA) reform, questioning the wisdom of dismantling the current ...

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Treasurer considers overriding RBA to secure Greens support

The Treasurer stated that while he would rather not have to “come to an accommodation with the Greens”, the Coalition is forcing his hand

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RBA overhaul on the line as Taylor and Chalmers square off

The planned changes to the RBA have become the new battlefield for the government and the opposition after Taylor confirmed the Coalition no longer ...

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‘I’m incredibly disappointed’: Swan accuses RBA of poor economic policy

Former treasurer Wayne Swan has escalated Labor’s feud with the RBA, accusing the central bank of driving the economy backwards by putting “economic ...

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High interest rates necessary to fend off recession, says Bullock

Allowing high inflation to become entrenched in the expectations of firms and households increases the risk of recession, according to the RBA ...

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Australia’s slowest GDP growth in decades sustained solely by public spending

Australia’s anaemic GDP growth data shows that government spending is more than compensating for the recession in the private sector. Australia’s ...

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Economic growth lowest since 1991–92

Excluding the COVID-19 pandemic period, annual financial year economic growth was the lowest since 1991–92. Australian gross domestic product (GDP) ...

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Iervasi sentenced for role in $54m Ponzi scheme

Tony Iervasi has been sentenced to 11 years in prison, with a seven-year non-parole period, for his role in the Courtenay House Ponzi scheme

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