Isaac Gross

Lecturer, Department of Economics, Faculty of Business and Economics isaac.gross@monash.edu

Biography

Dr Isaac Gross is a lecturer in economics at Monash University.He has a DPhil and a MPhil from Oxford University in Economics. From 2011 to 2013 he worked as an economist for the Reserve Bank of Australia.

articles

Rising red arrow with a background of Australian $100 bills

The Reserve Bank is changing the way it sets and maintains interest rates

How exactly does our central bank control the cost of borrowing in the first place?

Business

Stacks on $1 coins sitting on $100 notes

High interest rates aren’t bad news for everyone – just ask savers, importers and Australians heading overseas

We hear a lot about the negative impact of rate rises on mortgage repayments, while little is made of the benefits of high interest rates.

Business and economy

Stepping up: Meet Michele Bullock, the RBA’s next governor

Although Michele Bullock has been with the bank for four decades, the past two have been in areas remote from interest rate setting, meaning she won’t feel compelled to defend the mistakes of the past.

Politics and society

Australian banknotes squished tightly by tape measure

Victorian budget: The long march of land tax reform

The Andrews government has made a decent first step to reduce Victoria’s mountain of debt by $30 billion over the next decade.

Politics and society

Reserve bank of Australia sign on building.

How Jim Chalmers will recraft the RBA for the 21st century

Just as we have the country’s smartest legal minds on the High Court, and our best health practitioners setting vaccine policy, the review wants the best economists to set monetary policy.

Business

Wooden blocks in ascending order with an interest rate sign.

Rates rise again: RBA on a mission to whip inflation

The Reserve Bank of Australia has delivered a “double-whammy” interest rate rise, and it’s likely there’ll be up to five more to come in 2022.

Business