Why the Reserve Bank of Australia should be reviewed
Grattan Institute20 Syys 2021

Why the Reserve Bank of Australia should be reviewed

Most Australians wouldn’t have given too much thought to the Reserve Bank of Australia. Apart from when it changes official interest rates following its monthly meetings, the role and importance of the RBA, and its governor Phil Lowe, is little understood or even acknowledged. But the Reserve Bank is now facing rare criticisms by leading economists for not having met its core targets for nearly a decade. And this week, international think tank the OECD has called for a review of the RBA. A call since endorsed by Treasurer Josh Frydenberg, who said he’d consider a review after the next election. And with the Federal ALP previously calling for an independent review of the Reserve Bank in April, it’s increasingly likely the RBA will next year face its first independent review in 40 years. Watch Brendan Coates, Economic Policy Program Director, discuss the role of the RBA and whether it should be reviewed with Kat Clay, Head of Digital Communication. For more information, visit: https://grattan.edu.au/

Jaksot(316)

Congestion in Melbourne: is it time to consider congestion charging?

Congestion in Melbourne: is it time to consider congestion charging?

Event podcast: in this Policy Pitch event, a panel of transport and infrastructure experts explored: How bad congestion is across Melbourne; at what point we should consider new strategies to manage congestion, including congestion pricing; and, if a government were to introduce congestion charging, what principles should guide the scheme.

27 Helmi 20181h 13min

Gonski 2.0: What Commonwealth should do (and not do) to drive improvement in school ed – Canberra

Gonski 2.0: What Commonwealth should do (and not do) to drive improvement in school ed – Canberra

Event podcast: In this Capital Ideas event, Dr Peter Goss, Grattan Institute School Education Program Director, hosted a panel of leading policy thinkers to explore what is needed to lift educational outcomes at scale, what are the benefits, challenges and risks of Commonwealth interventions and where should the Commonwealth focus its efforts, and why?

20 Helmi 20181h 13min

The demand driven higher education funding system: frozen or finished? – Sydney

The demand driven higher education funding system: frozen or finished? – Sydney

Event podcast: In this Forward Thinking event, a panel of experts will discussed if the demand driven system be restored. Its supporters argue that it increased access to higher education, fixed skills shortages caused by too few graduates, and encouraged innovation in teaching. Its detractors argue that admission standards fell, that we now have too many graduates, and that it cost taxpayers far too much.

13 Helmi 20181h 20min

The Commonwealth's role in improving schools

The Commonwealth's role in improving schools

A conversation with School Education Fellow, Julie Sonnemann. The Commonwealth should not use the extra money it is spending on schools as an excuse to intervene in school education. The danger is that the 'Gonski 2.0 Review' could be used as a platform for Commonwealth interventions that sound good, but don't actually help on the ground.

11 Helmi 201818min

The shocking truth about Australia's efforts to 'close the gap'

The shocking truth about Australia's efforts to 'close the gap'

A conversation with School Education Program Director Pete Goss. The "gap" between Indigenous and other school students is even bigger than official figures show. Grattan research reveals that Year 9 Indigenous students in very remote areas are five years behind in numeracy, six years behind in reading, and seven-to-eight years behind in writing. Even in the cities and regions - where most Indigenous students live - the gap is three to four years by Year 9.

8 Helmi 201813min

All complications should count: Using our data to make hospitals safer

All complications should count: Using our data to make hospitals safer

A conversation with Health Program Director, Stephen Duckett. One in nine patients who go into hospital suffers a complication, and the risk varies dramatically depending on the hospital. An extra 250,000 patients would leave hospital complication-free each year if all hospitals lifted their performance to match the best 10 per cent of hospitals. A Grattan Institute Report Podcast.

5 Helmi 201819min

The history and future of Medicare

The history and future of Medicare

A conversation with Health Program Director Stephen Duckett and Fellow Hal Swerissen. February 1, 2018 marks the 34th anniversary of the beginning of Medicare. How did it begin, how has it been used politically and what challenges will it continue to face?

31 Tammi 201829min

The ten-year story of Australia's Electricity price rise crisis

The ten-year story of Australia's Electricity price rise crisis

A conversation with Energy Fellow, David Blowers. Australia’s electricity sector is in crisis, or something close to it. But electricity shortages are just one part of the story - for most Australians a more visible and perhaps crucial part of this crisis is our ever-increasing electricity bills and everyone wants to blame someone else for the problem. Is there a single factor responsible for our electricity pricing woes? Or is the story more complex than that? Discussed on the podcast this week: David Blowers, A high price for policy failure: the ten-year story of spiralling electricity bills, January 2018 https://grattan.edu.au/news/a-high-price-for-policy-failure-the-ten-year-story-of-spiralling-electricity-bills/ Wood, T., Blowers, D., and Moran, G. Price shock: is the retail electricity market failing consumers?, 2017 https://grattan.edu.au/report/price-shock/

23 Tammi 201828min

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