Reserve Bank governor Glenn Stevens’ housing speech will inevitably trigger a lot of uninformed comment, says Christopher Joye, but here it is straight…
Glenn Stevens
Market sees rate hike in RBA speech
RBA Governor Glenn Stevens has weighed in on Australia’s economic recovery, suggesting there will be no more rate cuts and could be a rate rise or two by the end of the first quarter of 2010.
RBA minutes surface as financial storm clouds brew
A series of reports, ratings changes and general unease about the stability of financial markets in the past 24 hours have produced the sudden upturn in concern.
RBA hints at further rate cuts
It sounds crazy, but the statement by Reserve Bank Governor Glenn Stevens suggested that we could get further rate cuts if inflation continues to fall in coming months.
Reserve Banks holds rates at 3%
“While the near-term outlook remains weak, there are further signs of stabilisation in several countries,” said Governor Glenn Stevens this afternoon, announcing a hold on interest rates.
Forget the IMF, listen to Stevens instead
Australians would be better to steer clear of the IMF’s recent report and instead heed yesterday’s speech by RBA governor Glenn Stevens.
RBA rate cuts recede further from view
The Reserve Bank has confirmed that it has lowered its economic forecasts confirming earlier signals.
RBA rate cut: this could be as good as it gets
Consumer confidence figures out this morning suggest Australia may have to earn its interest rate cuts in future, writes Glenn Dyer.
RBA hedges its bets: next cut no certainty
An interest rate cut is still a chance at the April 7 meeting of the Reserve Bank board, but it might not be the certainty so many economists have been saying, writes Glenn Dyer.
All governors on deck as RBA ups rhetoric
There are an amazing six speeches scheduled in the next two weeks for senior executives of the central bank, writes Glenn Dyer.
Jitters battle retail sales as RBA holds steady
The RBA has opted to keep rates on hold, writes Glenn Dyer.
Centro chairman’s final hours
This afternoon’s Incitec Pivot AGM will mark the final public appearance of Centro’s long-serving chairman Brian Healey, writes Stephen Mayne.
RBA has done its dash on rates
The minutes of the Reserve Bank’s December meeting reveal it will be reluctant to cut interest rates again if the local economy remains resilient, writes Glenn Dyer.
Chinese exports start their descent
A People’s Bank adviser has admitted Chinese exports are in reverse, adding to doom and gloom closer to home, writes Glenn Dyer.
How low can interest rates go? Economists tell
With the RBA cautious on another round of rate cuts, Crikey asked a group of senior economists to provide a pointer on central bank policy.
Wall Street I: Australia won’t lose billions on AIG and Lehman
RBA Governor Glenn Steven’s remains confident that the pillars of the Australian banking system will not be undermined by the financial turmoil playing out on Wall Street, writes Glenn Dyer.
Glenn Stevens: Recession unlikely, jobless to rise
Speaking before a Parliamentary Committee, RBA Governor Glenn Stevens has given his economic outlook for the next six months. Glenn Dyer reports.
The real cost of the cutting the ABS budget
A questions the Opposition should ask Gleen Stevens as he fronts the Standing Committee on Economics today: what’s been the effect of cutting the ABS budget? By Glenn Dyer.
The Oz gets Wavished by Myer chairman
The chairman of the Myer Group, Bill Wavish, is an executive with a special talent for self-publication and today The Australian has swallowed his credentials as a retailer without subjecting them to any real test, writes Glenn Dyer.
Richard Farmer’s political bite-sized meaty chunks
Meaty snippets from the home of government plus the daily reality check and the pick of other people’s political coverage. Richard Farmer writes.
Is this the most useless editor in Australia?
That’s the question being asked of David Penberthy, Editor of the rag responsible for publishing the most outrageous piece of trash printed in an Australian newspaper for the last decade, writes Possum Comitatus.
Settle down everyone: RBA boss speaks out as retail sales dive
RBA Governor Glenn Stevens has delivered a few calming words about the economy, writes Glenn Dyer.
RBA Governor puts economic turmoil in its place
A speech given by RBA Governor Glenn Stevens this week should be required reading for all the hyperactives in politics, business economists and others who see an inflationary ogre in every petrol pump, writes Glenn Dyer.
