Did you know the Reserve Bank of Australia (RBA) was last reviewed in 1981? That was the Campbell inquiry reporting to the then Fraser Government.
Much has changed since then.
Little wonder there’s great interest in this current review to be delivered to the Federal Government imminently, and which was triggered by the reporting of senior Sydney Morning Herald and The Age correspondent Shane Wright.
The respected correspondent joins Jennifer Duke, CPA Australia’s Walkley Award-winning former economics correspondent for the Sydney Morning Herald and The Age.
They discuss the potential impact of this review. In particularly, the origins of the RBA and the broader implications for the Central Bank of this review.
And with the RBA firmly in the spotlight for its aggressive cash rate rises since May 2022, there will be much focus on this review when it’s delivered to the Treasurer Jim Chalmers.
“The reserve bank has this fantastic graph,” Wright says in this episode, “showing its forecast for wages growth from about 2012 marked against reality. And never the twain shall meet.
“This is the Mary Celeste of forecasting.”
Listen now.
Host: Jennifer Duke, External Affairs Lead at CPA Australia
Guest: Shane Wright, Senior Economics correspondent with the Sydney Morning Herald and The Age
You can read Shane’s reporting on the origins of the Reserve Bank and the case for a review.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
Audio of RBA Governor Philip Lowe: Source: Reserve Bank of Australia 2021
A new Asia-Pacific Small Business survey by CPA Australia was released this week.
And the survey has some surprise findings, despite the economic turbulence and COVID-19-related issues.
However, we’ve flagged issues with the government that we believe could harm our future growth.
Want key learnings from CPA Australia’s 14th annual Asia-Pacific small business survey?
We received responses from 4280 small businesses in:
In this episode, we chat with one of the report’s authors to deep dive into the findings.
Listen now.
Host: Dr. Jane Rennie, General Manager Media and Content, CPA Australia
Guest: Gavan Ord, Senior Manager Business Policy, CPA Australia
And after you’ve listened to the podcast, have a read of the CPA Australia’s Small Business Survey and vote in our LinkedIn poll.
There is also a media release on this podcast topic.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
Retirement and financial wellbeing depends on ensuring all Australians can access appropriate, high-quality financial advice. Right? However, aspects of this sector haven’t worked as well as they could. Instead, consumers and advisers are grappling with high costs, a lack of trust and excessive documentation.
For these reasons, there has been a review (Michelle Levy’s Quality of Advice Review, otherwise known as the QAR).
The aim of the review is to improve the accessibility and affordability of quality financial advice. The recommendations were made public in February 2023.
To dive into the QAR are two CPA Australia experts who made submissions and worked closely with government and industry to help find some practical solutions.
Want to learn more? Listen right now.
Host: Jennifer Duke, External Affairs Lead at CPA Australia
Guests: Keddie Waller, Head of Public Practice and SME at CPA Australia, and Michael Davison, Senior Manager, Advocacy and Retirement Policy at CPA Australia
You can also have a look at CPA Australia’s Quality of Advice Review – Proposals for Reform.
For further information, CPA Australia has produced a Value of Advice research report which has some excellent insights.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
In this special episode, we explain what this statement actually means. And why a professional accounting organisation like ours is actively supporting reconciliation.
And we ask the tough questions, such as, is this an appropriate thing for businesses to be doing? And is there a risk that some will engage in so-called ‘social washing?
Providing perspective and insights on this important issue are two experts from CPA Australia.
Simone Spaulding, CPA Australia Senior Manager, Culture, Capability and Wellbeing, and Patrick Viljoen, CPA Australia Senior Manager Environmental, Social and Governance Policy.
Listen now.
Host: Dr Jane Rennie, General Manager Media and Content at CPA Australia
Guests:
Simone Spaulding, CPA Australia Senior Manager, Culture, Capability and Wellbeing
Patrick Viljoen, Senior Manager Environmental, Social and Governance Policy at CPA Australia.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them on your podcast platform.
Email the podcast team at podcasts@cpaaustralia.com.au
You can also read CPA Australia’s response to the Uluru Statement from the Heart and Innovate Reconciliation Action Plan 2022-2024 on our website