What if the banks were forced to treat us like everyone else?

• COMMENT

Australia's bank chiefs could be forgiven for thinking they've survived the worst, says Peter Martin.

Why credit card interest rates are so high

• COMMENT

If the Reserve Bank's official cash rate is 1.5 per cent and you can borrow for a home at 4.4 per cent, why are credit rates as high as 21 per cent?

Coming soon: Instant transfers, phone numbers to replace BSBs

Mobile phone numbers and internet addresses will replace bank account numbers and money will be transferred near-instantly between institutions, according to the RBA.

Philip Lowe makes a good first impression

• ANALYSIS

First impressions count, and at his first public outing as the Reserve Bank governor, Philip Lowe was determined not to waste his.

Help me out, run up more debt, says RBA boss

Incoming Reserve Bank chief Philip Lowe has appealed to the Turnbull government to help him out with economic management by borrowing big for infrastructure, saying there's only so much further cuts in interest rates can do.

We are not 'inflation nutters', RBA's Lowe says

In his first public comments as new RBA chief, Philip Lowe says the RBA doesn't see its job as always keeping tabs on price growth and isn't too worried about the housing market.

Rates are low, so borrow and spend, says OECD

The OECD has pointed to a way out of what it calls a 'low-growth trap' where persistently weaker than expected economic growth weighs on expectations.

Government mulls national default super scheme to save $1.5b

• EXCLUSIVE

The Turnbull government is considering a radical shakeup of Australia's superannuation system that would pit banks and industry funds against each other for the right to manage the deposits of every new entrant for at least two years.

10 things you didn't know about the new RBA power duo

This weekend marks the end of an era as Glenn Stevens hands the keys to the RBA to Philip Lowe and Guy Debelle. Here are 10 things you probably didn't know about the new leadership team.