Reserve Bank of Australia (RBA)
RBA justifies September rate cut
A slowdown in demand allowed for a cut in the cash rate by 25 basis points to 7%, according to minutes from the September board meeting of the Reserve Bank of Australia.
Nordic banks and RBA join Fed swap club
The Federal Reserve on Wednesday stepped up efforts to counter money market tensions, establishing additional swap lines with the Reserve Bank of Australia and three Scandinavian central banks to meet demand for dollar loans.
Reserve Bank of Australia - Annual Report 2007
The sound position of local banks was a major source of strength for the Australian financial system during last year, said Glenn Stevens, the governor of the Reserve Bank of Australia, in the foreword the central bank's latest Annual Report.
RBA's Stevens: monetary policy and booms
The proposition that monetary policy should lean against asset price and credit booms is up for discussion again, said Glenn Stevens, the governor of the Reserve Bank of Australia.
Rate cut proves RBA wrong: ex-governor Fraser
Bernie Fraser, a former governor of the Reserve Bank of Australia, has said that the central bank's September rate cut confirms it misjudged the economic climate in raising rates earlier this year.
Australia cuts on signs of slower growth ahead
The Reserve Bank of Australia lowered its key rate from a 12-year high on evidence that earlier hikes have succeeded in subduing demand.
RBA hints at September cut
Ric Battelino, the deputy governor at the Reserve Bank of Australia, on Thursday gave the central bank's strongest sign yet that it will cut rates at its next monetary policy meeting on 2 September.
RBA's Lowe on financial cycles
Proposals for banks to accumulate capital buffers in the good times might help smooth out the swings in the credit cycle, said Philip Lowe, an assistant governor of the Reserve Bank of Australia.
RBA looking to lower rates
The Reserve Bank of Australia has reiterated that it will soon cut its key rate, now at a 12-year high, on signs that high borrowing costs are now curbing domestic demand.
RBA holds but hints cut to come soon
The Reserve Bank of Australia kept rates at a 12-year high for the fifth-straight month on Tuesday but suggested that it could soon lower borrowing costs.
Australia's PM: banks must pass on RBA cuts
Kevin Rudd, Australia's prime minister, has urged the nation's banks to pass on the Reserve Bank of Australia's (RBA) rate cuts to consumers.
Rates restraining demand: RBA
The Reserve Bank of Australia's rate-setting board believes rates, which it has held at a 12-year high of 7.25% since March, are beginning to restrain demand.
Community banks can thrive: RBA's Stevens
A role still exists for the community banking model, says Glenn Stevens, the governor of the Reserve Bank of Australia.
Interest rates in inflation-targeting countries
A new paper from the Reserve Bank of Australia examines whether long-term nominal interest rates in inflation-targeting economies are determined abroad.
RBA publishes payment systems reform responses
The Reserve Bank of Australia has released the public responses to its latest review of the reform of Australia's payments system.
RBA's Debelle on open market operations
The market turmoil of recent months makes it an opportune time give a speech on how Australia's central bank conducts its open market operations, said Guy Debelle, the assistant governor for financial markets at the country's Reserve Bank.
RBA on why central banks tend towards Fed-set rate
Research by the Reserve Bank of Australia has uncovered why long-term nominal interest rates in a number of inflation-targeting small open economies have tended to be highly correlated with those of the United States.
Payment systems need more competition: RBA
The Reserve Bank of Australia remains concerned about the competitiveness of the country's payments system, despite improvements, said Philip Lowe, the assistant governor responsible for the financial system at the central bank.
Former RBA governor calls for inflation re-think
Bernie Fraser, a former governor of the Reserve Bank of Australia (RBA), says the central bank might have to re-think its use of interest rates to combat inflation if food and fuel prices continue to rise.
RBA suggests settlement system improvements
The Reserve Bank of Australia has unveiled a series of recommendations aimed at improving the settlement process of, and broader market functioning for, Australian equities.
Inflation targeting a dangerous fad, says Stiglitz
Joseph Stiglitz, the Nobel Prize-winning economist and Columbia University professor, has panned inflation targeting as a "fad" that could lead to economic disaster.
Discomfort over inflation led RBA to hold
Despite signs that domestic demand is weakening, Reserve Bank of Australia opted to leave rates at a 12-year high of 7.25% in May on the back of "uncomfortably high" inflation figures.
RBA appoints new assistant governor
The Reserve Bank of Australia has promoted Keith Hall to the position of assistant governor responsible for banking and payments.
Uncertainty makes rate path unclear: RBA
The overall impact of a number of opposing economic forces on demand and inflation in Australia is subject to considerable uncertainty, the country's Reserve Bank noted.