Opinion
With monetary policy at the RBA's self-imposed limits, new depoliticised policy tools are needed to manage the post-pandemic economic cycle.
With the Reserve Bank of Australia at its own self-perceived monetary policy limits, Australia needs new thinking about how to manage the economic cycle.
This could involve new policy tools for the RBA or serious consideration about setting up an independent fiscal authority.
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Original URL: https://www.afr.com/policy/economy/an-independent-fiscal-authority-would-accelerate-the-recovery-20200729-p55gfq
