Case Study 1: Monetary policy

• What are the objectives of monetary policy in Australia?
• How does the Reserve Bank of Australia deliver changes in monetary policy?
• What indicators does the Reserve bank use to make policy decisions about the setting of monetary policy?
• Recommendation: What is the future direction for monetary policy?

Case Study 2: Credit Ratings Agencies (CRA)

• What issues emerged for the CRAs during the Global Financial Crisis?
• What are conflicts of interest, when might these conflicts of interest arise for CRAs and how might they mitigate these risks? Discuss the effectiveness of the mitigants.
• Recommendation: What role will regulators play in the future with surveillance of conflicts of interest?onflicts of interest?