Name:  Simon Guttmann

Bio: Author of The Rise and Fall of Monetary Targeting in Australia, a study of the evolution of monetary policy from the mid 1970s to the mid 1980s

The Rise and Fall of Monetary Targeting in Australia: From Phillip Lynch and John Howard to Paul Keating

This speech was printed in Sydney Papers Vol.17 No.3-4 in 2005 (pages 25-34)

From 1978 onwards, the monetary targets set by Malcolm Fraser’s Liberal/National Party Coalition government were each exceeded. However, the policy of targeting was maintained as a vial component of economic strategy. Financial deregulation made the interpreting of the monetary growth very complicated, however, and in January 1985 projections were abandoned. Simon Guttman is the author of a study of the evolution of monetary policy from the mid 1970s to the mid 1980s – The Rise and Fall of Monetary Targeting in Australia. He addressed The Sydney Institute on Tuesday 7 June 2005.