The Reserve Bank is going out of its way to make sure everyone gets the message about interest rates this week, writes Glenn Dyer.
Rba governor
Interest rates: Does the RBA have its target right?
Crikey asked some of Australia’s leading economists if the RBA needs to rethink its inflation targets. Is 2% to 3% still the right target for Australia? By Thomas Hunter.
RBA talks tough on rates: this will take years
The Reserve Bank has toughened its warning on interest rate wises, suggesting that it could be a couple of years before inflation eases, writes Glenn Dyer.
You want the purse strings? Questions for the Treasurer’s debate
It might not be in prime-time. It probably won’t have a worm. And the audience will be filled with finance and political journalists. But don’t let that stop you from watching tomorrow’s debate between the current reigning title-holder, Peter Costello, and the fast-rising challenger, Wayne Swan.
As Glenn Stevens said: ”Something needs to be done”
John Howard’s nightmare is looming: his re-election campaign could be the first to suffer an interest rate rise, writes Glenn Dyer.
Politics irrelevant to the economy: Macbank tells
While Johnny and Pete appear to be hoping the credit confidence crisis worsens so as to scare voters back to their “safe economic hands”, Macquarie Bank’s Rory Robertson is telling the bank’s customers it doesn’t really matter who wins the election, writes Michael Pascoe.
Who do you trust – central bankers?
Try looking on the bright side of the interest rate rise: the combined
wisdom of our central bank mandarins and board reckon the global credit market shakeout is nothing to worry about, Michael Pascoe writes.
The economy: inflation, rate hike and Howard’s folly
As expected, the Reserve Bank announced this morning that it would increase the cash rate target by 0.25% to 6.5% - the highest level since November 1996.
The Economy: RBA, US Fed meet – rates and market turmoil in the crosshairs
Monday was another bloody day in Australia’s equity markets but last night on Wall Street saw a rally, with rises on equity prices generally exceeding 2%. The relief is palpable, although there is more volatility to come.
The Economy: Good times roll
More good economic news. Export volumes seem finally to be rising after several inexplicable years of stagnation. And the labour market continues its recent march.
