October 2012 Three strikes for a rate cut 25 pnt cut
September 2012 Q&A at the RBA No change
August 2012 Serious reforms needed No change
July 2012 Iron clad case to sit tight ... No change
June 2012 Rate cut needed, structural reform vital 25 pnt cut
May 18 2012 Professor McKibbin sounds warning Decision 5 June
May 2012 Firm grip among the uncertainties 50 basis pnt cut
April 24 2012 ABS delivers for rate doves Decision 1 May
April 2012 RBA should resist siren calls No change
March 2012 Comfortable RBA will not cut No change
February 2012 Monetary policy in the fog No change
December 2011 The mining boom and monetary policy 25 basis pnt cut
November 2011 Rate cut would be foolish mistake 25 basis pnt cut
October 2011 'Danger zone' for global economy No change
September 2011 Defending Australia's Manufacturing No change
August 2011 Carbon tax to stoke stagflation No change
July 2011 Reform, not RBA fiddling No change
June 2011 Mining boom, non-mining recession No change
May 2011 Inflation exceeds expectations ... again, and ... No change
April 2011 Wage Inflation sharpens RBA dilemma No change
March 2011 Global inflation to frustrate RBA No change
February 2011 RBA to sit pat No change
December 2010 In accord with a former critic No change
November 2010 Go now, Glenn Stevens 25 basis point hike
October 2010 Time's a wastin' No change
September 2010 Should tighten now, but will not No change
August 2010 Rates on hold despite geopolitical uncertainties No change
July 2010 Time for caution No change
June 2010 Monetary policy dilemmas Pause in rate hikes
May 2010 Keep 'normalising' briskly, Glenn Stevens 25 basis point hike
15 April 2010 Growth exceeding predictions = inflation, (Between meetings)
'Inflation is the inevitable consequence of growth exceeding predictions. This is because the necessary tightening of monetary policy is too little, too late'.
7 April 2010 Goldilocks or big bad father bear, 7 April 2010 NO MEETING
'Glenn Stevens' problem is that he will be the fall guy if we all get mauled by the big bad bear. His only defence is to begin some public straight talk on the remedies beyond measured and cautious rate hikes'.
April 2010 Keep tightening, RBA, both the MOU and the Act requires this. 25 basis point hike
'Nowadays Australia has an ‘independent’ central bank with a mandate to keep ‘underlying’ consumer inflation in the range if 2 to 3 % while paying some attention to asset inflation (we are recently told) as well as the state of the economy. Then there is the Reserve Bank Act, which says that the duty of the Reserve Bank Board, ‘within the limits of its powers’ [nice caveat that] to ensure that the monetary and banking policy of the Bank is ‘directed to the greatest advantage of the people of Australia and that the powers of the Bank under this Act … are exercised in such a manner as, in the opinion of the Reserve Bank Board, will best contribute to: (a) the stability of the currency of Australia; (b) the maintenance of full employment in Australia; and (c) the economic prosperity and welfare of the people of Australia’.'
March 4 2010 Flexible inflation targeting unzipped (Between meetings)
March 2010 Back to normal asap 25 basis point hike
'With unemployment falling, business investment rising, retail sales growing above a sustainable rate, house prices inflation building and government still throwing money at problems of its own making, the Reserve must get cash rates back to normal asap'.
February 3 2010 We was wrong, or were we? (Between meetings)
'The big risk is the withdrawal of WorkChoices which facilitates the spread of the renewed boom in the resource states and industries'.
February 2010 Reserve to move but danger looms No change
'The reality facing the Reserve Bank is that inflation is too high for comfort as economic recovery gathers strength'.
December 2009 Glenn Stevens no Grinch 25 basis point increase
November 2009 Inflation, asset bubbles and financial reform 25 basis points increase
Graph: True inflation, underlying CPI inflation and cash rates
October 16 2009 Rethinking monetary policy (Between meetings)
'Congratulations, Glenn Stevens, for preparing us for bold rate hikes'. (Press article)
October 2009 Monetary policy and asset inflation 25 basis point rise, 'bullish signal'
Graph: True inflation, underlying CPI inflation and cash rates
September 2009 Reserve should hold rates - for now No change
'The Reserve Bank is unlikely to raise interest rates today, but if current trends persist the time when it does cannot be too far away'.
August 12, 2009 The dangers of inflation targeting RBA agrees, sort of - Compare April 2008
August 2009 Recovery Risks No change
Graph: inflation and inflation expectations
July 2009 Bipolar economy with jobs crisis No change
June 2009 Calm after the storm No change
May 2009 Green shoots of recovery No change
April 2009 Cut rates again RBA, then rest awhile 25 basis point cut
March 2009 RBA should pause to reflect No change
March 2 2009 Après moi le deluge! NO MEETING
'In every stock-jobbing swindle every one knows that some time or other the crash must come ...'
February 2009 Policies for recovery 100 basis point cut
Graph: cash rates in USA, UK, China and Australia
December 2008 Remember the main game 100 basis points cut
Graph: Inflation and inflationary expectations
November 2008 US recession, more rate cuts here 75 basis point cut
Graph: US and Australian consumer confidence
October 2008 Unlocking financial gridlock 100 basis point cut
Graph: Official and market cash rates
September 2008 RBA to ease the squeeze 25 basis point cut
Graph: Bill rates and business turning points
August 2008 Baseball bat economics Thundering silence
August 2008 Hoping for the best No change - but bias to ease
Graph: Goods and service inflation and asset inflation/deflation
July 2008 Global inflation conundrum Thundering silence
July 2008 New policy framework Thundering silence
July 2008 Stevens enforces flexibility No change
Graph: Inflation and inflationary expectations 1958 to 2008
July 2008 BIS bombshell Thundering silence
June 2008 Inflation slips the "anchor" No change
Graph: US and Australian consumer inflation
May 2008 Wages the worry No change
Graph: Exchange rate and commodity prices
April 2008 Is inflation targeting dead? 'Seriously misguided' says Treasury head
April 2008 The Goldilocks economy No change
Graph: Australia's CAD, Net overseas debt
March 2008 Inflation - serious illness... 25 basis point hike
Graph: US, China, Australian inflation
February 2008 RBA - must act now 25 basis point hike
Graph: M3 growth and inflation - Australia
December 2007 RBA won't play Scrooge this Christmas No change
Graph: Bond yields - Australia vrs USA
November 2007 Monetary policy playing catch-up 25 basis point hike
Graph: Australian inflation - CPI, Core, Expectations
October 2007 The great money and credit boom No change
Graph: Bank bills and official cash - Australia
September 2007 Brave RBA should raise rates No change
Graph: Currency - $A and $US
August 2007 Brace for a rate hike - unless... 25 basis point hike
Graph: RBA Cash and ASX 200
July 2007 The party`s over No change
Graph: M3 growth Vrs Inflation - Australia
June 2007 Asset inflation conundrum No change
Graph: Asset and consumer prices - Australia
May 2007 New Economy, New Gameplan No change
Graph: Australian inflation - CPI, Core, Expectations
April 2007 Hawks vs. Doves at the Reserve No change
Graph: Aussie dollar and inflation
March 2007 Reserve Bank happiness No change
Graph: RBA happiness vrs Cash rate
February 2007 Minimising misery No change
Graph: Misery index - Australia
Earlier items in this series - from June 2002 to December 2006 - are linked here.
On Australia`s monetary policy - February 2007 - May 2013 
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