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Australian Monetary Policy: Recent Experience and Some Current Issues

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  • Kevin Davis

Abstract

This article surveys Australia's recent monetary experience highlighting current problems in interpreting the stance of monetary policy. It then examines changes in the techniques of monetary policy stemming from deregulation and changing views of the authorities. Finally, money supply control, deregulation and broad money growth, and commercial bill financing are analysed so as to help to shed light on the current problems of interpreting monetary condition.

Suggested Citation

  • Kevin Davis, 1985. "Australian Monetary Policy: Recent Experience and Some Current Issues," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 18(4), pages 37-50, December.
    • Handle: RePEc:bla:ausecr:v:18:y:1985:i:4:p:37-50
    DOI: 10.1111/j.1467-8462.1985.tb00303.x
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    References listed on IDEAS

    as
    1. K. T. Davis & M. K. Lewis, 1982. "Can Monetary Policy Work in a Deregulated Capital Market?," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 15(1), pages 9-21, April.
    2. Victor Argy, 1979. "Some Notes on Fiscal Policy and Crowding Out," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 12(1), pages 62-68, April.
    3. Kevin Davis & Mervyn Lewis, 1983. "Monetary Tactics And Monetary Targets: A Guide To Post-Campbell Monetary Policy," Economic Papers, The Economic Society of Australia, vol. 2(S1), pages 82-100, April.
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    Cited by:

    1. Kevin Davis, 1985. "Monetary Targeting," Australian Journal of Management, Australian School of Business, vol. 10(2), pages 127-135, December.
    2. Brian Silverstone, 2014. "Inflation Targeting in New Zealand: The 1987 Reserve Bank Questionnaire and Related Documents," Working Papers in Economics 14/11, University of Waikato.

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