What are the objectives of monetary policy in australia

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Reference no: EM133526659 , Length: word count:2000

Assessment Task - Individual Research Report

Overview
You are required to write a two-part report that responds to questions posed in 2 individual case studies that apply knowledge and skills to key themes that have been introduced through the lectures, readings and workshops. The purpose of this assessment is for you to understand the dynamics of key issues impacting on a particular segment of the money and debt markets, provide a prognosis of the likely direction for this issue into the future and provide a solution to this problem.

Assessment details
The report is to be written for the Manager of the financial institution where you have recently been employed as a graduate trainee. The Manager has asked you to prepare two short reports on issues that affect the day-to-day operation of the business and require the business to understand the impact of this issue.

The response to the case study should include a both peer-reviewed academic and non-academic articles as well as financial institutions publications and research. The following structure is required for each case study for your report:
• Statement of problem or issue
• Interpretation and critical analysis
• Results of the research/recommendations
• Reference list

The following specific questions will need to be addressed in each case study

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 CRA's during the Global Financial Crisis?
• What are conflicts of interest, when might these conflicts of interest arise for CRA's 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?

Reference no: EM133526659

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