Recent articles by John Kampert

Mismanagement of Australia’s monetary system

Mismanagement of Australia’s monetary system

I have, in the past, submitted papers to politicians and economic commentators detailing from publicly available data that the way Australia’s monetary system is being run is not in the best interest of the population. I will explain what I mean from a personal experience, but omitting many references to internet data and information, which it seems, are not common knowledge.

Mismanagement of Australia's monetary system

The Commonwealth Government should manage the complex levers of the economy, and can do so, given our laws. and the RBA currently does not suck money from the economy, nor pump it in directly. The Commonwealth, by law, could control the monetary levers just as it does control the fiscal levers; in the past this was done, but was abandoned decades ago. As the recent action by the Commonwealth Bank of Australia reducing mortgage rates for new borrowers shows very clearly, the RBA cash rate does not determine mortgage rates. Will that now cause our experts to...

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