March 2023
Four ways to fix the bank problem
If one thing is clear about the events of the last two weeks, it is that the vaunted reforms introduced after the global financial crisis have not changed any of this that much, or at least not enough.
October 2022
Hot US inflation has three risks for investors – and one great hope
The latest US inflation data is unequivocally bad news for markets, confirming the Fed has no choice but to keep raising interest rates until it breaks something.
June 2022
Who would want to be a central banker right now?
Central banks became enormously powerful after the global financial crisis. Now there are questions on whether they can do what is needed of them.
August 2021
How QE became an addiction we must learn to break
Central bankers must underline that printing money was an emergency fix, not a routine solution to economic problems.
May 2020
Westpac shows GFC was the mess banks had to have
What's the point of capital buffers if you cannot use them? That is the question from Westpac CEO Peter King as the bank stares into the coronavirus crisis.
March 2020
The former bank governor who says forecasting is bogus
The former Bank of England governor says economic forecasting is bogus – and offers a salutary warning on the coronavirus crisis.
January 2020
Central banks running low on ways to fight recession, warns Carney
The Bank of England governor sees threat of ‘liquidity trap’ and need for fresh monetary tools.
December 2019
How to make the Australian economy more productive and shock-proof
Recent reforms have produced little relief for working families. In a new book, Andrew Stone asks where government could most effectively apply policy solutions.