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As the population ages, the RBA’s interest rate policy is no longer fit for purpose

  • Written by The Conversation
As the population ages, the RBA’s interest rate policy is no longer fit for purposeYan Krukov/Pexels

An extensive government review of the Reserve Bank of Australia (RBA) in 2023 made 51 specific recommendations to enable “an RBA fit for the future”. But the narrow terms of reference confined the review to an economic lens.

The failure to investigate the effectiveness of monetary policy setting through a demographic...

Read more: As the population ages, the RBA’s interest rate policy is no longer fit for purpose

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