Following in the path of other Central Banks, the Reserve Bank of Australia has released a brief meditation on the nature of money. In Sydney this week, Assistant Governor, Christopher Kent spoke […]
Fixing Oz Banks Pt 5: What happens next….more small steps.
This is part 5 of the multi-part series “Fixing Oz Banks”. Earlier parts appear below: Part 1 – Fixing Oz Banks: Why is “taking deposits” so important to bank “lending”? Part […]
100% safety for your savings? The RBA will not allow it.
Most Australians do not realise that the Reserve Bank of Australia ‘RBA’ is the safest bank in Australia and yet it refuses to allow the general public to open a deposit account. […]