As the Reserve Bank of Australia and Labor and the Coalition continue to supress wages, living costs continue to rise. Peter Boyle reports.
Reserve Bank of Australia
The Reserve Bank claims to be impartial, but the big banks are big winners from the rise in interest rates. Peter Boyle explains.
Philip Lowe said he is proud of the RBA’s unpopular role in forcing working people to bear the burden of “fighting inflation”. But don’t count on interest rates stopping rising inflation; unemployment is going up, too. Peter Boyle reports.
Ten million workers are struggling but Australia’s national net wealth, if redistributed, could end the crushing poverty which directly accounts for at least 10% of the suicide toll. Gerry Georgatos reports.
Workers need a fairer, democratically accountable, transparent and responsive alternative to the Reserve Bank of Australia, argues Graham Matthews.
The Reserve Banks of Australia's talk about the need to “increase productivity” means less regulation and more “flexibility” for the bosses. Mary Merkenich and Pip Hinman report.
The Reserve Bank of Australia has made clear it would rather make life much harder for workers — even if it means tanking the economy — than touch record-high corporate profits. Fred Fuentes reports.