• John Quiggin

17 February 2010While the lessons of the 1970s and 1980s had been learned well, it seems that little or nothing has been learned from the failures of the past decade, writes John Quiggin

THE RESERVE BANK of Australia is fifty years old, having been separated from the old Commonwealth Bank in 1960. The anniversary has been a happy event, given the Bank’s success in managing the Australian economy, at least since the ‘recession we had to have’. Through the Asian financial crisis, the dotcom boom and bust and the global financial crisis, Australia has enjoyed almost uninterrupted economic growth...

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