A Question Of Democracy!

February 23, 2024 00:28:53
A Question Of Democracy!
Digital Finance Analytics (DFA) Blog
A Question Of Democracy!

Feb 23 2024 | 00:28:53

/

Show Notes

This week the Senate held hearings into the proposed changes to the way the RBA works. The original review was led by three Technocrats included a recommendation to remove the overrule power. This power specifically, section 11 of the Reserve Bank Act 1959 enables the federal treasurer to “overrule” an action taken by the Reserve Bank in extreme situations, via a clear and determined process, and even though no Australian government had used it in the more than 60 years it is important. It’s supposed to be a democratic fail-safe. The Technocrats recommended the overrule power should be removed from […]

Other Episodes

Episode 0

February 26, 2019 00:09:23
Episode Cover

The Great Home Price Unwinding (Podcast)

We look at the latest real estate data from the US, where sales volumes are falling and home price growth is stalling. Share this:EmailPrintTwitterFacebookLinkedInReddit

Listen

Episode 0

August 06, 2020 00:30:27
Episode Cover

Maximising Your Potential And The Vision Thing - With Jack Canfield [Podcast]

I caught up with Jack Canfield ahead of his upcoming webinar this coming weekend. Details here: JACK CANFIELDCo-author Chicken Soup for the SoulFree online...

Listen

Episode 0

July 11, 2021 00:16:29
Episode Cover

Banks Behaving Badly - Or Something More? [Podcast]

The latest edition of our finance and property news digest with a distinctively Australian flavour. Today we look at Wells Fargo’s jettison of personal...

Listen