On a whim and a prayer
Article Abstract:
The Reserve Bank of Australia realizes that rising inflation could cause severe damage to the economy, especially in the housing market. Realizing the risk that rising inflation can cause, the bank has decide to lift interest rates much to the annoyance of Australian Prime Minister, John Howard.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2005
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In praise of moderation
Article Abstract:
Australia's economic success is discussed, where the treasurers, Messrs Costello and Macfarlane, credited themselves who helped only towards the improvement of the economy. But some economists argued that more credit should be given to the role of Reserve Bank in controlling inflation.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2003
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Exchange of fire
Article Abstract:
Derivatives are synthetic financial instruments whose value is dependent on an underlying asset. Experts Alan Greenspan and Warren Buffett present their views regarding the use of derivatives and feel that there is a lack of transparency in the derivative business.
Publication Name: The Bulletin with Newsweek
Subject: News, opinion and commentary
ISSN: 1440-7485
Year: 2003
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