ANALYSIS: Should we start indexing wages to property prices, to give younger generations a chance?
During the war, the government had become increasingly interested in using the banking system as an instrument of social policy.
In his autobiography, Trial Balance , Dr Coombs explained that that's where the central bank's new 'charter' came in: "In the event, it was finally agreed that there was no profit to be gained from exploring legislatively the compatibility of these objectives or the nature of the trade-offs between them which might be required.
Dr Coombs said when the authors of the Bank's charter talked about the "stability of the currency," they had in mind the value of the currency in its domestic and international contexts.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australia aims high by pursuing ‘full battery manufacturing’ capabilityThe Albanese government wants Australia to go as far as battery assembly and not settle for supplying the parts to foreign manufacturers.
Read more »
This fungus has been making plastic disappear, and scientists have high hopes for itTwo types of fungi commonly found in backyards can be used to break down one of the world's most stubborn plastics — and scientists say this discovery could be a significant step in addressing the recycling crisis.
Read more »
Why Australia is failing our high achieversUp to 50 per cent of gifted students exhibit significant academic underachievement, according to researchers who say that gifted education needs to be prioritised.
Read more »
Check your phone now: Major Aussie bank targeted in new high-tech fraudA sophisticated scam using new technology to con Australians out of millions of dollars is now targeting some ING bank customers. 7NEWS
Read more »
The big freeze – single women pay high price to call the shotsTechnology is giving professional females a better shot at having children at a time of their choosing, but some are raiding their superannuation to achieve it.
Read more »