In May when the RBA raised the cash rate for the third time in three consecutive meetings, journalist Michael Pascoe asked the Governor of the RBA, Michele Bullock, a question based on the Reserve Bank’s at the time prediction for unemployment to hit 4.7% in June 2028.
Speaking at the Australia Institute’s Bernie Fraser Oration, former Reserve Bank of Australia (RBA) governor Bernie Fraser questioned the central bank’s strategy of hiking up interest rates to help lower inflation.
Speaking at the Australia Institute’s Bernie Fraser Oration, Treasurer Jim Chalmers confirmed the government was preparing a new savings package for its mid-year update but didn’t reveal any figures or which areas would be affected.
On this episode of What’s the Point?, Richard Denniss explains the goods and services tax. The GST was supposed to grow over time, so that state and territory governments would have a reliable income source to help them fund the important services they provide long into the future. Richard looks into whether it is actually working as intended
Host: Richard Denniss, co-Chief Executive Officer, the Australia Institute //@richarddenniss
Host: Anna Chang, Managing Editor, The Point // @annachang
Show notes:
GST Shortfall | The Australia Institute
Theme music: Blue Dot Sessions
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