Talk:Reserve Bank of Australia
![]() | Reserve Bank of Australia was a Social sciences and society good articles nominee, but did not meet the good article criteria at the time. There may be suggestions below for improving the article. Once these issues have been addressed, the article can be renominated. Editors may also seek a reassessment of the decision if they believe there was a mistake. | |||||||||
| ||||||||||
![]() | Facts from this article were featured on Wikipedia's Main Page in the "On this day..." column on January 14, 2012, January 14, 2016, and January 14, 2020. |
![]() | This article is rated B-class on Wikipedia's content assessment scale. It is of interest to the following WikiProjects: | ||||||||||||||||||||||||||||||||||||
|
Official Cash Rate
editThere seems to be bugger all about that, which is probably why most people come to this page.
Also, the actual wiki page for the Official Cash Rate is crap too.
Basically, somebody (not me, ha!) needs to tidy this abomination up, and make it something vaguely useful.
Untitled
editsee photos on the RBA web site http://www.rba.gov.au/AboutTheRBA/rba_board.html#members
Criticism Section
editWe need a criticism section (similar to the page on the American Federal Reserve Bank). In light of recent books such as The Evil Princes of Martin Place: The Reserve Bank of Australia, the Global Financial Crisis and the Threat to Australians' Liberty and Prosperity, which criticise the RBA and its role in causing the financial crisis. See also opinion articles at La.org.au which criticize central banking. — Preceding unsigned comment added by Mookrit (talk • contribs) 13:38, 19 June 2011 (UTC)
- As a note, I recommend criticisms of general central banking practices to be confined to the relevant wikipedia entries (e.g. Central bank). Furthermost (talk) 23:41, 31 October 2011 (UTC)
Independent?
editNot a discussion forum |
---|
The following discussion has been closed. Please do not modify it. |
How independent is the Reserve Bank from the government of the day? --219.89.236.186 00:19, 3 August 2006 (UTC)
This is not a surprise to me. After watching this documentary http://www.freedomtofascism.com/index.html everything is falling in place. It is quite hard to beleve but the facts are right there. — Preceding unsigned comment added by 203.214.82.197 (talk) 13:47, 12 July 2007 (UTC) I just read this quote, which made me very curious about the RBA:"This much anticipated decision is also the first time the RBA has moved rates upwards in an election year since the Howard Government granted it independence at the outset of its first term in office. It will also probably be the most analysed economic policy decision for a very long time. " [Not All McMansions and Happy Meals] What act did that gov't pass? How did it change the RBA? 99.245.173.200 14:06, 29 August 2007 (UTC)
|
Merge from Governor of the Reserve Bank of Australia
editI suggest that the article Governor of the Reserve Bank of Australia into the Governors section of this article. The other article merely duplicates the information already in the main article. Kelvin 09:15, 14 April 2007 (UTC)
GA Review
edit- This review is transcluded from Talk:Reserve Bank of Australia/GA1. The edit link for this section can be used to add comments to the review.
Commencing review
editI will be undertaking this review. The article appears to be stable and neutral. All images appear to be in order. User:Hello32020 has done a lot of work to improve the article from its previously very basic form. The article has significant issues in three areas:
- Style and clarity of writing
- Excessive reliance on narrow sources, with the main sources being pages from the Reserve Bank's own web site
- Paraphrasing of those webpages that appears to me to be too close to the original to be appropriate, as well as not summarising important information in sufficiently concise a way (ie. too much information on minor matters, resulting from following the original pages too closely). There is always theissue that "in many cases close paraphrasing of a non-free copyrighted source is likely to be an infringement of the copyright of the source", and the RBA's material is non-free. The preceding quote is from the WP essay Wikipedia:Close paraphrasing, which editors may find valuable to assist in dealing with this issue.
- This problem is perhaps most evident in the article section "Payments System Board and the ACCC"
There are academic sources that discuss aspects of the Reserve Bank's operations, such as the following books:
- Joan Linklater, Inside the bank: the role of the Reserve Bank of Australia in the economic, banking and financial systems (1992)
- CB Schedvin, In reserve: central banking in Australia, 1945-75 (1992)
- Stephen Bell (ed), Economic governance & institutional dynamics (2002)
- Stephen Bell, Australia's money mandarins: the Reserve Bank and the politics of money (2004)
There have also been a range of inquiries relating to RB operations, and these also could be used as sources (and indeed discussed in the history section, which they mostly are not at present - I am referring to inquiries since the 1960s). The RBA's actions are regularly commented upon in reliable media sources. Several former governors have also published collected speeches. Obviously not all of these sources need to be uutilised for GA-level, but some do, and I would particularly suggest that Bell's 2004 book be consulted, as the most recent book-length study of the RBA.
Other points
edit- Early history paragraphs lack citations completely.
- No real discussion of significant debates that have taken place arround the RBAs inflation targets and its policy actions to pursue them. My recollection is that both in the recession circa 1991, and again (to a lesser degree) recently, there have been some questions asked about the RBA's attentiveness to policy settings.
Conclusion
editI may be able to do some copyediting of particular points, but the article needs too much work to be considered for GA at present. If the preceding issues were to be addressed and the article re-nominated, I would be willing for an editor to contact me and ask me to look at it again, which may shorten the wait-time in the GAN queue. Thanks once again to User:Hello32020 for your improvements. Cheers. hamiltonstone (talk) 01:55, 21 July 2009 (UTC)
2013 cash injection questions
editNot a discussion forum |
---|
The following discussion has been closed. Please do not modify it. |
Two days ago we were surprised that the RBA is gettiing 8.8 billion $ in cash from the Federal Government, which is more than 4 times as much as the quoted 1.91 that that they previously held. This is to cover for risk exposure from Europe and the US, they said. Naturally, one starts asking, what risk exposure does Australia have to dicey assetts? Did we not have 5 years since the crisis started to get rid of dicey assetts? Which assetts exactly does the RBA normally have - and why do they have assetts which expose them/all of us to risk? Why are these assetts a secret, when all of Australia has to borrow 8.8 billion $ to cover the Reserve Bank? We have been told for years that going into debt is wrong - but now we have no trouble getting into debt, and pay interest for years for assetts that they must have known for 5 years are dicey. When someone ends up footing the bill (like all of us) it is usually good manners to inform those affected what happens and why. 144.136.192.18 (talk) 02:13, 25 October 2013 (UTC) |
External links modified
editHello fellow Wikipedians,
I have just added archive links to 2 external links on Reserve Bank of Australia. Please take a moment to review my edit. If necessary, add {{cbignore}}
after the link to keep me from modifying it. Alternatively, you can add {{nobots|deny=InternetArchiveBot}}
to keep me off the page altogether. I made the following changes:
- Added archive https://web.archive.org/20090514193128/http://www.rba.gov.au/AboutTheRBA/overview_functions_and_operations.html to http://www.rba.gov.au/AboutTheRBA/overview_functions_and_operations.html
- Added archive https://web.archive.org/20090913033827/http://www.rba.gov.au/AboutTheRBA/governance_and_accountability_of_the_rba.html to http://www.rba.gov.au/AboutTheRBA/governance_and_accountability_of_the_rba.html
When you have finished reviewing my changes, please set the checked parameter below to true to let others know.
This message was posted before February 2018. After February 2018, "External links modified" talk page sections are no longer generated or monitored by InternetArchiveBot. No special action is required regarding these talk page notices, other than regular verification using the archive tool instructions below. Editors have permission to delete these "External links modified" talk page sections if they want to de-clutter talk pages, but see the RfC before doing mass systematic removals. This message is updated dynamically through the template {{source check}}
(last update: 5 June 2024).
- If you have discovered URLs which were erroneously considered dead by the bot, you can report them with this tool.
- If you found an error with any archives or the URLs themselves, you can fix them with this tool.
Cheers. —cyberbot IITalk to my owner:Online 12:53, 19 October 2015 (UTC)
External links modified
editHello fellow Wikipedians,
I have just modified one external link on Reserve Bank of Australia. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
- Added archive https://web.archive.org/web/20100117060833/http://www.rba.gov.au/payments-system/policy-framework/psb-board.html to http://www.rba.gov.au/payments-system/policy-framework/psb-board.html
When you have finished reviewing my changes, you may follow the instructions on the template below to fix any issues with the URLs.
This message was posted before February 2018. After February 2018, "External links modified" talk page sections are no longer generated or monitored by InternetArchiveBot. No special action is required regarding these talk page notices, other than regular verification using the archive tool instructions below. Editors have permission to delete these "External links modified" talk page sections if they want to de-clutter talk pages, but see the RfC before doing mass systematic removals. This message is updated dynamically through the template {{source check}}
(last update: 5 June 2024).
- If you have discovered URLs which were erroneously considered dead by the bot, you can report them with this tool.
- If you found an error with any archives or the URLs themselves, you can fix them with this tool.
Cheers.—InternetArchiveBot (Report bug) 18:19, 4 September 2017 (UTC)
For the laypeople
editThere needs to be a section that provides details that a layperson can understand about the function of the Reserve Bank. For example - it should be conveyed to the layperson whether or not the Reserve Bank is like a regular bank that serves the general public, such as Westpac Bank, Commonwealth Bank etc. KorgBoy (talk) 22:50, 11 March 2020 (UTC)