Schools and Centres Pages
About us
The Centre for Applied Macroeconomic Analysis (CAMA) is located in the Crawford School of Public Policy at the Australian National University. It was established in 2003 to bring together economists working on applied macroeconomic and financial market issues throughout Australia and across the globe. CAMA aims to advance research and postgraduate training in applied macroeconomic and financial issues.
Distinguished Professor Warwick McKibbin, the current Director, founded CAMA. The Deputy Director is Professor Ippei Fujiwara. Former Directors include Professor Renée Fry-McKibbin and Professor Shaun Vahey and Deputy Directors include Professor Heather Anderson, Professor Mardi Dungey and Distinguished Professor Renée Fry-McKibbin.
CAMA RBA Shadow Board
In 2025, the Board of the Reserve Bank of Australia (RBA) meets to decide on a target for the cash rate on the following dates:
- 17–18 February
- 31 March–1 April
- 19–20 May
- 7–8 July
- 11–12 August
- 29–30 September
- 3–4 November
- 8–9 December
This decision is highly significant for the wider economy and is therefore closely monitored by the financial markets. The CAMA RBA Shadow Board, consisting of nine voting members and one non-voting chair, all distinguished macroeconomists, offers its own policy recommendation on the Monday before the official RBA decision. Members give probabilistic assessments of the appropriate target rate for each round, which are then aggregated. The higher the percentage attached to a given cash rate, the greater the confidence that this rate is the appropriate target.
For questions regarding the CAMA RBA Shadow Board, please contact Dr Timo Henckel. If you wish to access the database of past voting records for research purposes, please contact cama.admin@anu.edu.au.
On
Economic Certainty in Uncertain Times
Politics with Michelle Grattan:
Warwick McKibbin on trying to model economic certainty in uncertain times
The Conversation
16 April 2025
Economist models impact of Trump tariffs
Warwick McKibbin analyses the global impact of trade tariffs while conducting modelling in Washington.
ABC Radio National
Presented by Sabra Lane
8 April 2025
Trump’s new protectionist age
Warwick McKibbin discusses the impact of Trump's tariffs on global trade.
ABC Radio National - Saturday Extra
hosted by Nick Bryant
5 April 2025
As Donald Trump brings on a trade war, how should Australia respond?
ABC- The Radio National Hour at 6:00 pm
13 March 2025
Interview with Warwick McKibbin and Sally Auld
What does a second Trump presidency mean for immigration? With Michael Clemens
The Economic Show with Soumaya Keynes
11 November 2024
Featuring Warwick McKibbin
Office location:
Centre for Applied Macroeconomic Analysis (CAMA)
Crawford School of Public Policy
ANU College of Asia and the Pacific
J. G. Crawford Building # 132
Lennox Crossing
Acton ACT 2601 Australia
