The monetary policy story isn’t simple for the RBA
There is more to inflation targeting than a blinkered fixation with the monthly inflation numbers and a mechanical policy response.
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How to make sense of nuclear costs
Can such large differences between gas and nuclear costs be understood intuitively, by those of us without access to the complex modelling involved?
Challenges ahead for gas on road to net zero
As gas approaches its long-term minimal role, energy markets will find it hard to accommodate a volatile and uncertain transition. Government intervention may be needed.
Viewing subs through a made-in-Australia lens
The domestic manufacture of nuclear subs falls firmly within the Future Made in Australia objectives and it’s not too late to bring this project within the National Interest Framework.
Treasury provides sanity in net zero transition
The budget provides $22.7bn for A Future Made in Australia, funding Australia’s transition to net zero. What does the Treasury, as holders of the purse-strings, think about all this?
Why public prognosticating isn’t a central bank’s real job
Central banks everywhere failed to forecast inflation during the post-Covid period but in reality that didn’t matter for monetary policy settings.
Interest rate forecasts have gone too far
Central banks should make their policy-decision framework transparent and leave it at that.
Original URL: https://www.theaustralian.com.au/author/stephen-grenville