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APRA’s risky lending crackdown is not the right remedy

The regulator knows it will be blamed if the housing market overheats or there is a crash. But its pre-emptive restrictions are not well targeted.

Jonathan Kearns

Why the Fed’s independence is worth fighting for

We should be both alert to and alarmed by political attacks on central banks and their implementation of monetary policy.

Jonathan Kearns

There’s a straightforward way to clear RBA board logjam

An alternative structure for the new monetary-policy-setting board could satisfy Labor and the concerns of the Coalition and former governors.

Jonathan Kearns