The Reserve Bank of Australia’s decisions on interest rate increases rely on the concept of balancing inflation and unemployment. The authors of this paper argue that the official unemployment rate is based on strict and outdated definitions, and significantly underestimates the actual number of Australians looking for work.

This research conducted modelling experiments to examine the relationship between different housing finance conditions and people’s ability to buy a first home.

In this briefing paper, Centre for Future Work Associate, Dr Anis Chowdhury, catalogues the assumptions and failures of conventional inflation targeting policy, and the misleading nature of so-called ‘independent’ central banks. He argues the review panel missed an historic opportunity to reconsider those assumptions, and help craft a more balanced and democratic macroeconomic policy framework.

This interim report summarises the evidence that has been presented to the Committee so far. It focuses on three themes that were identified as priority areas - namely energy prices, housing and food and groceries.

This report analyses the Reserve Bank of Australia's (RBA’s) performance over the past 30 years, and makes recommendations on the monetary policy framework, governance, leadership and culture of the RBA.