the Reserve Bank has done as much as it can. Now it's up to the government
- Written by Richard Holden, Professor of Economics, UNSW
Last week Reserve Bank of Australia Governor Philip Lowe, and his top lieutenants, appeared before the House of Representatives Standing Committee on Economics.
This time-honoured tradition goes roughly as follows.
The governor makes an opening statement that contains nothing not said before in public.
Committee members then take turns trying to...
Read more: the Reserve Bank has done as much as it can. Now it's up to the government
