We did too much: LoweBY CASSANDRA BALDINI | FRIDAY, 17 FEB 2023 12:07PMFronting another parliamentary hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe acknowledged the central bank incorrectly predicted rates wouldn't rise until 2024, admitting he's embarrassed. Related News |
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Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
Good intentions do not justify gross incompetence. Lowe is 'supposed' to a leader & the buck stops with him. That's why he gets the public funded big bucks
Nothing less than incompetence, based on guesswork. That's not what they are paid for. Damage and heartbreak now being suffered by virtually every Australian is not what they are supposed to produce. In the commercial world, this would lead to a mega class action.