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.
Reserve bank
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.
Jitters battle retail sales as RBA holds steady
The RBA has opted to keep rates on hold, writes Glenn Dyer.
RBA goes for hardly any growth
The $42 billion of spending now being argued over in Canberra will go a long way to keeping the national economy from sliding into recession this year, writes Glenn Dyer.
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.
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.
Crikey Clarifier: The Aussie dollar
Arlene wants to know — if the Oz economy is so much better than the USA one, why has our dollar dropped so much recently against the greenback? Crikey has the answers.
Rate cut contagion goes global
The extent of the global economic slump will be illustrated this week when central banks move to slash interest rates, writes Glenn Dyer.
RBA prepares to cut, and cut hard
The latest data from the Reserve Bank has lifted the chances of a big rate cut tomorrow, writes Glenn Dyer.
Private credit eases, rate cut firms
The latest private credit data means the Reserve Bank will almost certainly slash rates again next week, writes Glenn Dyer
Keen: Always look on the bright side … of economic data?
Our economic managers, caught in a crisis they didn’t see coming, are still using the same models that didn’t anticipate this mess, writes Steve Keen
Rate Cut Cup: Halfapercent tightens to firm odds-on
Halfapercent has tightened but Pointsevenfive, could be a late tip for the Rate Cut Cup at 2.30 pm this afternoon, writes Glenn Dyer.
What was the RBA advice on guaranteeing deposits?
The predictable consequence of the Government intervening in the financial market to guarantee loans and deposits – that those not afforded the same guarantee are competitively disadvantaged – didn’t take long to emerge, writes Bernard Keane.
Commentary we had to have: Keating on rates, ratings and ratchets
Former Prime Minister Paul Keating spoke this morning with the ABC radio’s Ali Moore.
Lowy tax bloodhound shunned by audit committee
The chair of federal parliament’s powerful Public Accounts and Audit Committee Sharon Grierson has been left red-faced after telling Parliament in June that there was no compelling evidence for changing tax office settlement guidelines, writes Chris Seage.
The Reserve Bank needs a mascot
Here are some readers suggestions
RBA cut = mortgage cut? Not necessarily
The link between the RBA cash rate and the banks’ mortgage rate is not as strong as it was, writes Saul Eslake.
Crikey Says: Crikey says
The more information that emerges about Frank Lowy’s multifarious tax arrangements, the more damage is being inflicted on Lowy’s formidable reputation.
Lowy, the RBA and tax: join the dates
recent revelations of the tax affairs of Frank Lowy make no mention of a coincidence in timing: it all happened while Lowy was on the board of the RBA, writes Stephen Mayne.
Crikey Says: Crikey Says
You don’t have to be smart enough to sit on the Reserve Bank board to realise that something here doesn’t add up.
Frank Lowy to become the world’s favourite tax dodging whipping boy
If anyone was going to be on the Lichtenstein list, it was the Lowy’s, writes Stephen Mayne.
Woolies’ earnings strong, but RBA measures starting to bite
Woolworths returned a healthy set of numbers this morning, but there is evidence within them that the RBA’s measures to temper consumption are starting to work, writes Glenn Dyer.
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