How trust in the RBA could help keep interest rates low

Australians don't understand how interest rates work, RBA finds

The Reserve Bank is concerned that too many Australians have little idea what the central bank is trying to achieve with interest rates, which it says could be making its job harder.

Inflation a bigger worry than housing for Australians

Lack of economic literacy among the public is making it harder for the RBA to convince people that higher interest rates will reduce inflation.

How trust in the RBA could help keep interest rates low

Increased knowledge and trust in the Reserve Bank correlates with lower expectations of inflation, which has implications for setting interest rates.

Most Australians don’t understand how interest rates affect inflation, RBA survey finds

By business correspondent David Taylor and business reporter Stephanie Chalmers The Reserve Bank is concerned that too many Australians have little idea what the central bank is trying to achieve with interest rates, which it says could be making its job harder. A survey of 9,000 Australians shows about 60 per cent of respondents thought they had a good understanding of how the Australian economy works. The proportion of people who said they un…

Inflation remains top concern for Australians: RBA survey

The RBA raises rates at its first three meetings of the year to 4.35% to tackle renewed inflation pressures Read more at The Business Times.

Expert Exchange: The Kouk on Michelle Bullock's legacy as RBA Governor

What will become Michelle Bullock’s legacy as the first female governor of the RBA? Three years into her term, Bullock is facing one of the most turbulent stretches in the RBA’s recent history. In this edition of Expert Exchange, HotCopper sat down with one of Australia’s top economic minds, Stephen Koukoulas, to unpack what her tenure has meant for everyday Australians, and what her final legacy might be. Listen to the HotCopper podcast for in-…