Earlier today in estimates hearings, Greens Treasury spokesman Nick McKim asked Treasury secretary Steven Kennedy about climate change and insurance premiums. Senator McKim wanted to know if Dr Kennedy had turned his mind to the stresses in Australia's insurance industry, and what the government's balance sheet might look like in the future as it increasingly becomes an "insurer of last …
The Reserve Bank and the federal government need to jointly deploy inflation policy, using different tools to overcome different outbreaks of inflation, the Australian Greens say. Key points: The Reserve Bank should be helping to direct the flow of credit in Australia's economy to more productive ends It should help governments to transition to a low emission economy Monetary policy …