Organisation

Reserve Bank of Australia

Owning Institution:
Acronym:
RBA
Discussion paper

How many jobs did JobKeeper keep?

In response to the sharp fall in economic activity in the early months of the COVID-19 outbreak, the Australian government announced a series of measures to support incomes and employment. The largest was the JobKeeper payment - a wage subsidy to help keep employees and...
Discussion paper

Consumer payment behaviour in Australia: evidence from the 2019 Consumer Payments Survey

The 2019 Consumer Payments Survey (CPS) showed that Australians are continuing to switch to electronic payment methods in preference to cash for their day-to-day transactions. More recently, the switch to electronic payment methods is likely to have accelerated as a result of consumer and merchant...
Discussion paper

How risky is Australian household debt?

It is often observed that the level of household debt (relative to income) is high in Australia compared with other countries and its own history. Concerns about how this will influence the economy’s ability to navigate a major downturn have for many years been central...
Discussion paper

The apartment shortage

Planning regulations restrict the supply of apartments and hence drive up their price. This effect can be measured by the difference between the price of new apartments and the cost of supplying them. This paper measures the excess demand for apartments in Australia's largest cities.
Discussion paper

The distributional effects of monetary policy: evidence from local housing markets

This paper examines how monetary policy affects housing prices across local areas. It also explores three related questions - How differently do housing prices respond to monetary policy across areas? What can explain these differences across areas? Does monetary policy cause changes in the housing...