Explainers

The Transmission of Monetary Policy

Describes how changes made by the Reserve Bank to the cash rate – the ‘instrument’ of monetary policy – flow through to economic activity and inflation.

Explainer: The Transmission of Monetary Policy 109KB

How the Reserve Bank Implements Monetary Policy

Describes the Australian cash market and explains how the Reserve Bank ensures that the cash rate is as close as possible to its target.

Explainer: How the Reserve Bank Implements Monetary Policy 100KB

Exchange Rates and the Australian Economy

Explains how changes in the value of the Australian dollar affects economic activity and inflation in Australia, along with the nation’s balance of payments.

Explainer: Exchange Rates and the Australian Economy 104KB

Australia and the Global Economy – The Terms of Trade Boom

Discusses the causes of the terms of trade boom of 2005 to 2012 and explains the way in which it affected the Australian economy.

Explainer: Australia and the Global Economy - The Terms of Trade Boom 268KB

The Global Financial Crisis

Summarises the main causes of the global financial crisis, how the crisis unfolded and how policymakers responded to it in Australia and abroad.

Explainer: The Global Financial Crisis 117KB