Greens propose tax on big four banks and Macquarie to net $4.8b
The Greens say banks received too much financial benefit from cheap pandemic era funding from the RBA, but governor Michele Bullock says it helped consumers.
Source: afr.com
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RBA faces mounting losses and calls for emergency capital injection
The RBA has reported significant financial losses, now amounting to some $43 billion, resulting from its extraordinary pandemic stimulus measures. These...
Source: proactiveinvestors.com.au
Australia recession: RBA's $43b loss prompts call for Chalmers bailout
The RBA’s huge financial losses from its pandemic stimulus measures have sunk its balance sheet deeper into negative equity.
Source: afr.com
Three reasons why interest rates are still too low
There may be a pause in rates rises, but the RBA cannot fall too far behind the interest rate curve of other central banks.
Source: afr.com
RBA interest rates: A Canberra insider running the RBA comes with risks
Jim Chalmers may be considering following the playbook of his political hero, Paul Keating, and tapping an experienced Treasury official to lead the RBA.
Source: afr.com