The Reserve Bank lifted interest rates this afternoon by 0.25% to 4.25% and signalled there’s much more fuel in the tank.
Glenn Stevens
RBA chief takes tough line on countries with big debts
Is the Reserve Bank tiring of the way some Opposition politicians and some in the media use comments made about other economies and misleadingly apply them to Australia?
Economic growth figures support RBA interest rate hike
Despite what we all thought a year ago, 2009 turned out to be quite a good year economically for Australia.
Interest rates rise while Stevens changes his tune
The Reserve Bank lifted interest rates rose 0.25% to 4% today, still below what economists called ‘trend’, or neutral, but we are heading towards that higher plain.
Stevens opens up, and does the Coalition no favours
Glenn Stevens was slightly more expansive than normal yesterday, and the Opposition was the loser.
Mixed economic scorecard has rates rise an each-way bet
Speculation on interest rate movements is mostly hollow. But what the media has missed is that the central bank has arranged another full month of appearances by senior staff and the bank.
Business As Usual: Saving Gunns … billion dollar Toll … where you should live
Time for a bailout, there’s an election in Tasmania and one federally this year and the biggest flashpoint in the state is Gunns’ pulp mill. Plus, paying the toll at Toll and RBA watchers pay attention.
We were warned: interest rates will rise
When interest rates are raised today, we can’t say that we weren’t warned. RBA chief Glenn Stevens told us last year we had a chance of avoiding it and we muffed it.
Ask the economists: Are we out of the woods yet?
Australia’s economic growth in the September quarter rose by just 0.2%. Leading economists give their reaction, and their make predictions for the year ahead.
Buoyant housing sector further vindicates the Reserve Bank
Today’s housing data confirms the RBA got its interest rate timing right. But the trick will be sustaining the surge in housing construction.
Stevens tells the public to share the pain
Reserve Bank Governor, Governor Glenn Stevens has warned that shareholders and customers will have to share the pain of making banks safer by holding more liquidity in the form of low yielding government bonds and similar assets.
If you can’t afford your mortgage, then start calling the removalists
Yes, interest rates rose again this week. But if a slight rate increase — which we’ve been warned about for months — is hampering your ability to pay your mortgage then you should move to a cheaper house, writes Paul Colgan.
web exclusive The Reserve Bank’s rate rise hat-trick
The Reserve Bank has lifted interest rates for a record third month in a row, with the cash rate being raised 0.25% to 3.75% this morning.
RBA should keep its powder dry
Seventeen of 18 economists surveyed last week said they expected the RBA to lift rates by 0.25% to 3.75% tomorrow. But credit figures for October actually tell us there’s no reason for the central bank to change rates at all.
The Dyer Index: boom fatigue as Black Friday looms
America is heading towards Thanksgiving and the now-familiar ritual of “will the retail surge from Friday onwards save the economy (and our bonuses)?”
Colebatch: Don’t let the mining boom blow up in our face
Asia’s growth is ensuring the continuation of the Australian mineral boom, but we need to train more workers — since immigration is not popular — and also protect our other industries, argues Tim Colebatch.
RBA lifts growth forecasts as economy on the up and up
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.
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.
