The Reserve Bank has lifted its growth forecasts for the Australian economy and made it clear that interest rates will rise as the economy resumes its expansion.
Glenn Stevens
Government has lowered expectations on labour market success
In its panic the government has over-stimulated the economy and that fiscal mistake is going to have adverse consequences, writes Sinclair Davidson.
RBA lifts rates, declares GFC dead
The Reserve Bank has lifted interest rates by 25 basis points to 3.50%. Get set for a slew of increases as Glenn Stevens lets the good times roll.
Wood: Interest rates must rise. Deal with it.
With a strong economy, low inflation and a rising Aussie dollar, a Cup Day interest rate rise is now almost a certainty. And so it should be, says Alan Wood: rates can’t remain at 50-year lows forever.
The RBA charm offensive
The Reserve Bank is about to embark again on a major selling program as inflation and interest rates resume their historic relationship in the minds and forecasts of the central bank.
How the RBA makes its interest rate decisions
A fascinating (if you’re that way inclined) inside look at how the Reserve Bank makes its decisions, from the people sitting around the board room table, to the “small army of analysts and economists” providing the intel.
RBA boss doesn’t like bank deposit guarantee
Reserve Bank governor Glenn Stevens has made it clear that he doesn’t like the idea of a government bank deposit guarantee and doesn’t want to see it return after it is withdrawn.
Farr: Glenn Stevens — the breakaway star of Australian finance
The rising star of “celebrity central banker” Glenn Stevens is overshadowing Treasurer Wayne Swan — the guy who’s supposed to be the authoritative voice on the nation’s economy. So who should voters listen to? asks Malcolm Farr.
Political economy: Stevens’ rate rise fever goes global
Congratulations, Glenn Stevens, for preparing us for bold rate hikes, writes Henry Thornton.
Aussie dollar may hit $US1.10
RBA chief Glenn Stevens and St George Bank’s chief economist both say the Australian dollar may hit parity with US currency as economic growth continues apace.
Stevens still sees the sunny side up
RBA Governor, Glenn Stevens, has rejected claims that the Australian economy is “too strong”. We may have escaped the global crunch but he’s determined not to fluff the recovery.
Glenn Stevens vindicated by jobless plunge
Reserve Bank Governor Glenn Stevens has developed a reputation for taking what seems to be tough decisions at the wrong time. But the latest job figures have proved him right. Again.
It looks awfully like unemployment is peaking
Not even Glenn Stevens in his wildest dreams thought vindication would come so quickly and comprehensively as it did in today’s jobless data.
Did RBA jump the gun?
Was the RBA’s decision to end the cutting cycle and raise rates to 3.25% a step too far? Australia’s leading economists weigh-in.
How the global economy flirted with The End
The Reserve Bank’s annual report reveals how desperate conditions in Australian markets were towards the end of last year. But from now on, the intense global recession is history: it’s all about how we handle the upturn.
Crikey Says: The tongue twisting tales of the RBA
What the Reserve Bank of Australia Governor Glenn Stevens said yesterday about interest rates and the economy and what others heard him say are two very different things.
Rudd’s stimulus gets RBA tick of approval
So, which bright spark in the Coalition thought it was a good idea to support Bob Brown’s inquiry into the Government’s stimulus packages?
Glenn Stevens alert but not alarmed
The RBA Governor basically reckons the economy is in good shape, the banks are fine, and rates will rise when we think the economy is good and ready.
The Dyer Index: Stevens’ sunny-side-up optimism could bite him
There wasn’t much left for Reserve Bank Governor, Glenn Stevens to say at today’s appearance before the the House of Reps Economics Committee.
Ask the economists: rate rise frenzy fails to stack up
Crikey asked a group of leading economists to cut through the spin and dissect the how, why and when on interest rates so Kevin Rudd’s working families could properly plan for the future.
Building approvals boom amid “bubble” fears
The ABS released figures showing that building approvals bounced back strong in June after May’s one off plunge. Just don’t mention the housing bubble.
Glenn Stevens’ vision of a frugal Australia
The media seems to have ignored the real message from Glenn Stevens’ RBA speech — the era of cheap credit and 100% home loans is over.
What the RBA chief really said
Reserve Bank governor Glenn Stevens’ housing speech will inevitably trigger a lot of uninformed comment, says Christopher Joye, but here it is straight…
