FinOpineOpinion on money, markets and the law that shapes them.https://finopine.com/[Australia] The target moved, and the Bank is still steering by the old onehttps://finopine.com/au/2026-08-27-the-target-moved/https://finopine.com/au/2026-08-27-the-target-moved/Australia's inflation target is now benchmarked to the monthly CPI. By the RBA's own account it will keep making decisions off the quarterly trimmed mean until the new series matures. Those are two different numbers.Thu, 27 Aug 2026 00:00:00 GMT[Australia] Indexed is doing more work than it can carryhttps://finopine.com/au/2026-08-26-indexed-is-doing-more-work/https://finopine.com/au/2026-08-26-indexed-is-doing-more-work/Division 296 is a better tax than the one first proposed. But its thresholds move in $150,000 steps, which means that for most of any given cycle they do not move at all.Wed, 26 Aug 2026 00:00:00 GMT[Australia] Ten months in the regime the new law was written to replacehttps://finopine.com/au/2026-08-24-ten-months-in-the-old-regime/https://finopine.com/au/2026-08-24-ten-months-in-the-old-regime/ASIC's no-action position expired at the end of June. The Digital Assets Framework does not commence until April 2027. Australian crypto platforms are spending the gap under exactly the rules everyone agreed were broken.Mon, 24 Aug 2026 00:00:00 GMT[Australia] Designation just became a political instrumenthttps://finopine.com/au/2026-08-22-designation-is-political/https://finopine.com/au/2026-08-22-designation-is-political/The payments reforms widened the perimeter, which everyone covered. They also moved the power to designate a payment system from the central bank alone to a minister acting in the national interest, which almost nobody did.Sat, 22 Aug 2026 00:00:00 GMT