Fri, November 29, 2024
[ Fri, Nov 29th 2024 ]: Brian Stokes
Georgia suspends talks on joining the European Union and accuses the bloc of blackmail
[ Fri, Nov 29th 2024 ]: Brian Stokes
Labor can't legislate its way out of this battle with the RBA
[ Fri, Nov 29th 2024 ]: Brian Stokes
Louise Haigh's rise from young Labour MP to Transport Secretary
[ Fri, Nov 29th 2024 ]: Brian Stokes
Politics latest: 'Shocking' net migration figures .. e so high 'you have to double take', says Starmer
[ Fri, Nov 29th 2024 ]: Brian Stokes
Deepfake extortion targets Singapore officials, highlighting growing cyber threat
[ Fri, Nov 29th 2024 ]: Brian Stokes
Social media ban, migration laws and RBA overhaul headline Federal Parliament's chaotic media week
[ Fri, Nov 29th 2024 ]: Brian Stokes
Birmingham was a failed moderate who leaves a legacy of rolling over and letting the right win
[ Fri, Nov 29th 2024 ]: Brian Stokes
High-ranking military official in China suspended and placed under investigation
[ Fri, Nov 29th 2024 ]: Brian Stokes
Politics latest: Top Tory says it's a 'day of sha .. rty - as PM condemns 'shocking' migration figures
[ Fri, Nov 29th 2024 ]: Brian Stokes
Adam Gopnik's "Going There With Donald Trump" Eight and a Half Years Later
[ Fri, Nov 29th 2024 ]: Brian Stokes
Trudeau Liberals' two-month GST holiday bill passes the House, off to the Senate
[ Fri, Nov 29th 2024 ]: Brian Stokes
Starmer: 'the previous government were running an open borders experiment'
[ Fri, Nov 29th 2024 ]: Brian Stokes
Death threats in Marcos-Duterte feud highlight the Philippines' problem with political violence
[ Fri, Nov 29th 2024 ]: Brian Stokes
Anthony Albanese gets down and dirty in deal maki .. and breaking as Senate rushes to Christmas finish
[ Fri, Nov 29th 2024 ]: Brian Stokes
Miners rejoice as Albanese shelves environment watchdog
[ Fri, Nov 29th 2024 ]: Brian Stokes
French government crisis: Mobilize the working class to bring down Barnier and Macron!
[ Fri, Nov 29th 2024 ]: Brian Stokes
Election 2024 Day 21: one last push from major pa .. deadlocked as nation goes to the polls on Friday
[ Fri, Nov 29th 2024 ]: Brian Stokes
Ready for an election, Albanese unveils his new catchphrase
[ Fri, Nov 29th 2024 ]: Brian Stokes
France's bond yields rise above Greece's for first time amid political instability in Paris
[ Fri, Nov 29th 2024 ]: Brian Stokes
Nelson Mayor Nick Smith on why he suggested Linds .. ngton City Council's Crown observer- On the Tiles
[ Fri, Nov 29th 2024 ]: Brian Stokes
Death threats and division: A political feud takes a dramatic turn
[ Fri, Nov 29th 2024 ]: Brian Stokes
Jharkhand gov to take legal action for Rs 1.36 trillion coal dues: CM Soren
[ Fri, Nov 29th 2024 ]: Brian Stokes
Chinese journalist and former Harvard fellow sentenced to 7 years
[ Fri, Nov 29th 2024 ]: Brian Stokes
Politics latest: Starmer holding news conference .. nnounced with Iraq to tackle small boat crossings
Thu, November 28, 2024
[ Thu, Nov 28th 2024 ]: Brian Stokes
Government "R&D Special Zone Natural Green Area Ratio Raised to 200%"
[ Thu, Nov 28th 2024 ]: Brian Stokes
Politics live updates: ANZ bank pushes interest rate cut back until May 2025
[ Thu, Nov 28th 2024 ]: Brian Stokes
Liberia: Former Warlord and Politician Prince Johnson Dies At 72
[ Thu, Nov 28th 2024 ]: Brian Stokes
The general election campaign is over and it's time to face the music
[ Thu, Nov 28th 2024 ]: Brian Stokes
After a blur of bills, Albanese and Dutton must sharpen their focus for the fight ahead
[ Thu, Nov 28th 2024 ]: Brian Stokes
SWAPO's drop in polls - could this be a death knell to struggle politics?
[ Thu, Nov 28th 2024 ]: Brian Stokes
Fubler welcomes new role in Government
[ Thu, Nov 28th 2024 ]: Brian Stokes
Politics Friday: Matt Doocey says he "didn't want to" reply to text from Mike King
[ Thu, Nov 28th 2024 ]: Brian Stokes
Politics latest: Nigel Farage reveals he's following strategy of 'dynamic' former Lib Dem leader
[ Thu, Nov 28th 2024 ]: Brian Stokes
'Done over': Labor dismay over PM's call to ditch environment watchdog
[ Thu, Nov 28th 2024 ]: Brian Stokes
Mexico's president denies Trump's claim that she agreed to shut down the US-Mexico border
[ Thu, Nov 28th 2024 ]: Brian Stokes
As the US government pivots to full Republican co .. trol, the outlook is uncertain for AI regulations
[ Thu, Nov 28th 2024 ]: Brian Stokes
Politics latest: Starmer vows to end Tories' 'ope .. orders experiment' - as 'landmark' deal announced
[ Thu, Nov 28th 2024 ]: Brian Stokes
Morning Bid: French budget and German prices grab spotlight
[ Thu, Nov 28th 2024 ]: Brian Stokes
Politics live updates: Greens reveal $500m of con .. ssions to support Albanese Government legislation
[ Thu, Nov 28th 2024 ]: Brian Stokes
Israel and Hezbollah have a ceasefire agreement. Here's what it says
[ Thu, Nov 28th 2024 ]: Brian Stokes
Maharashtra new CM LIVE Updates: Devendra Fadnavi .. jit Pawar to meet with Amit Shah shortly in Delhi
[ Thu, Nov 28th 2024 ]: Brian Stokes
Election 2024: How do I vote, what are the polls saying and how does the system work?
[ Thu, Nov 28th 2024 ]: Brian Stokes
Rates Spark: French problems; politics and PMIs
[ Thu, Nov 28th 2024 ]: Brian Stokes
Birmingham bows out of politics warning against Trumpian culture wars
[ Thu, Nov 28th 2024 ]: Brian Stokes
A timeline of Elon Musk's political views and donations
[ Thu, Nov 28th 2024 ]: Brian Stokes
Keir Starmer holds urgent No10 press conference and unveils major immigration update
[ Thu, Nov 28th 2024 ]: Brian Stokes
Greg Dixon's Another kind of politics: The coalition's first year in five key questions
[ Thu, Nov 28th 2024 ]: Brian Stokes
united Ireland. And it's

Labor can't legislate its way out of this battle with the RBA

The article from the Australian Financial Review discusses the ongoing tension between the Australian Labor government and the Reserve Bank of Australia (RBA) regarding economic policy, particularly interest rates. Despite the government's efforts to manage inflation through various fiscal measures, the RBA has independently decided to maintain high interest rates to curb inflation, which has led to public and political friction. The piece highlights that while the government has introduced policies aimed at easing cost-of-living pressures, such as energy rebates and childcare subsidies, these are seen as insufficient by the RBA, which insists on using monetary policy tools like interest rates to control inflation. This discord has sparked a debate on the autonomy of the RBA and its relationship with the government, with some suggesting that legislative changes might be considered to align economic strategies more closely. However, the article argues that legislative solutions are not straightforward, as they could undermine the RBA's independence, which is crucial for maintaining economic stability and credibility in financial markets.

Read the Full The Australian Financial Review Article at [ https://www.afr.com/politics/federal/labor-can-t-legislate-its-way-out-of-this-battle-with-the-rba-20241121-p5ksl6 ]