Talk:Reserve Bank of Australia

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Former good article nominee Reserve Bank of Australia was a Social sciences and society good articles nominee, but did not meet the good article criteria at the time. There are suggestions below for improving the article. Once these issues have been addressed, the article can be renominated. Editors may also seek a reassessment of the decision if they believe there was a mistake.
July 21, 2009 Good article nominee Not listed
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Official Cash Rate[edit]

There seems to be bugger all about that, which is probably why most people come to this page.

Also, the actual wiki page for the Official Cash Rate is crap too.

Basically, somebody (not me, ha!) needs to tidy this abomination up, and make it something vaguely useful.


Untitled[edit]

see photos on the RBA web site http://www.rba.gov.au/AboutTheRBA/rba_board.html#members

Criticism Section[edit]

We need a criticism section (similar to the page on the American Federal Reserve Bank). In light of recent books such as The Evil Princes of Martin Place: The Reserve Bank of Australia, the Global Financial Crisis and the Threat to Australians' Liberty and Prosperity, which criticise the RBA and its role in causing the financial crisis. See also opinion articles at La.org.au which criticize central banking. — Preceding unsigned comment added by Mookrit (talkcontribs) 13:38, 19 June 2011 (UTC)

As a note, I recommend criticisms of general central banking practices to be confined to the relevant wikipedia entries (e.g. Central bank). Furthermost (talk) 23:41, 31 October 2011 (UTC)

Independent?[edit]

Merge from Governor of the Reserve Bank of Australia[edit]

I suggest that the article Governor of the Reserve Bank of Australia into the Governors section of this article. The other article merely duplicates the information already in the main article. Kelvin 09:15, 14 April 2007 (UTC)

Done Althepal 06:21, 24 April 2007 (UTC)

GA Review[edit]

This review is transcluded from Talk:Reserve Bank of Australia/GA1. The edit link for this section can be used to add comments to the review.

Commencing review[edit]

I will be undertaking this review. The article appears to be stable and neutral. All images appear to be in order. User:Hello32020 has done a lot of work to improve the article from its previously very basic form. The article has significant issues in three areas:

  • Style and clarity of writing
  • Excessive reliance on narrow sources, with the main sources being pages from the Reserve Bank's own web site
  • Paraphrasing of those webpages that appears to me to be too close to the original to be appropriate, as well as not summarising important information in sufficiently concise a way (ie. too much information on minor matters, resulting from following the original pages too closely). There is always theissue that "in many cases close paraphrasing of a non-free copyrighted source is likely to be an infringement of the copyright of the source", and the RBA's material is non-free. The preceding quote is from the WP essay Wikipedia:Close paraphrasing, which editors may find valuable to assist in dealing with this issue.
  • This problem is perhaps most evident in the article section "Payments System Board and the ACCC"

There are academic sources that discuss aspects of the Reserve Bank's operations, such as the following books:

  • Joan Linklater, Inside the bank: the role of the Reserve Bank of Australia in the economic, banking and financial systems (1992)
  • CB Schedvin, In reserve: central banking in Australia, 1945-75 (1992)
  • Stephen Bell (ed), Economic governance & institutional dynamics (2002)
  • Stephen Bell, Australia's money mandarins: the Reserve Bank and the politics of money (2004)

There have also been a range of inquiries relating to RB operations, and these also could be used as sources (and indeed discussed in the history section, which they mostly are not at present - I am referring to inquiries since the 1960s). The RBA's actions are regularly commented upon in reliable media sources. Several former governors have also published collected speeches. Obviously not all of these sources need to be uutilised for GA-level, but some do, and I would particularly suggest that Bell's 2004 book be consulted, as the most recent book-length study of the RBA.

Other points[edit]

  • Early history paragraphs lack citations completely.
  • No real discussion of significant debates that have taken place arround the RBAs inflation targets and its policy actions to pursue them. My recollection is that both in the recession circa 1991, and again (to a lesser degree) recently, there have been some questions asked about the RBA's attentiveness to policy settings.

Conclusion[edit]

I may be able to do some copyediting of particular points, but the article needs too much work to be considered for GA at present. If the preceding issues were to be addressed and the article re-nominated, I would be willing for an editor to contact me and ask me to look at it again, which may shorten the wait-time in the GAN queue. Thanks once again to User:Hello32020 for your improvements. Cheers. hamiltonstone (talk) 01:55, 21 July 2009 (UTC)

2013 cash injection questions[edit]