Provides the Bank's assessment of the current condition of the financial system and potential risks to financial stability. Overview The global financial system continues to be buoyed by strong investor risk appetite. International financial markets have been remarkably stable for much of the past six months, with historically low volatility and ‘search for yield’ behaviour...

This review explains the context and past experience of public finance reform and its effects on governance in remote Indigenous communities. Preamble The poor development standards experienced by Indigenous Australians, especially in places remote from urban areas, are regularly characterised in public and academic discourse as a crisis, with calls for ‘new approaches, new thinking...

This paper examines the underlying structure of the Western Australian economy and its transformation over the past ten years.

Many car-dependent cities have major transit projects stuck in financial and economic assessment due to inadequate links between land use, transport, and funding. This has left most urban transport networks underfunded and requiring significant government support. During this widening transit funding gap, there has been an international increase in demand on transit systems, which is...

Australian State and Territory Governments regularly deploy wholly owned development corporations to advance urban planning objectives to do with competition in greenfield housing production, innovation in urban design and regeneration of obsolete industrial areas. This paper critically examines the rationale for these corporations, and compares practices in Australia with those in the US, drawing on...