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Michele Bullock could be the Maradona of Australian central banking

The Reserve Bank governor is weaving through the inflation challenge with a hawkish comment here, a dovish quip there and a steady interest rate.

Paul Bloxham

The economy is in an unusual bind. The only way out is to reverse Australia’s dismal productivity performance.

If the budget does deliver policy changes that add to demand, inflation will probably keep falling slowly and stay too high for the central bank’s...

Any indication about the direction of interest rates which might be perceived as a promise can limit the central bank’s ability to be nimble.