Glenn Stevens

Australia's Stevens warns on CDOs

Glenn Stevens, the governor of the Reserve Bank of Australia, has warned that the country's local government bodies may have invested in collateralised debt obligations (CDOs) without understanding their risks.

RBA's Stevens on the Asian crisis

The Asian crisis dramatically changed thinking about the nature of economic and financial crises, the policies for dealing with them, and the role of the various bodies charged with fostering economic and financial stability, explains Glenn Stevens, a…

Australia keeps rate at six-year high

Glenn Stevens, Governor of the Reserve Bank of Australia, announced on 6 June that the central bank would keep its benchmark interest rate unchanged for the sixth meeting in succession. Rates remain unchanged at a six-year high of 6.25%.

RBA's Stevens on the Australian economy

In a speech to the House of Representatives given on 21 February Glenn Stevens of the RBA said it is more likely that interest rates will rise than fall although the central bank is more comfortable with the outlook for inflation than it was six months…

RBA's Stevens on finance and economic development

In the speech 'Finance and economic development' given on 12 December Glenn Stevens of the RBA said leveraged buyout activity could become a more prominent issue for the nation's financial system over the next five years.

RBA's Stevens on capital flows and monetary policy

In the speech 'Capital flows and monetary policy' given on 17 September Glenn Stevens of the Reserve Bank of Australia said short-term fluctuations in exchange rates do not pose as much risk to internationally exposed businesses as medium-term…

Govt and RBA reaffirm policy

Treasurer Peter Costello and Reserve Bank of Australia governor Glenn Stevens, who began his term on Monday 18 September, have reaffirmed the government's agreement with the RBA on monetary policy.

RBA's Stevens on risk and the financial system

In the speech 'Risk and the financial system' given on 15 September Glenn Stevens of the Reserve Bank of Australia said lower macroeconomic volatility had been one factor encouraging a marked increase in the debt that households were content to carry in…

King plays straight bat in central bank talk

According to a study published Thursday 14 September by stockbroker ICAP Australia, the Reserve Bank of Australia's governor is easier to understand than his US peer, but both lose out to Mervyn King.

How Greenspan gave Stevens a master class

According to this article, published Tuesday 8 August by The Australian, the elevation of Glenn Stevens to governor of the Reserve Bank of Australia barely raised a ripple on Wall Street.

Glenn Stevens appointed governor of the RBA

Australian Treasurer Peter Costello announced on Tuesday 1 August that Glenn Stevens has been appointed governor of the Reserve Bank of Australia for a term of seven years, with effect from 18 Sep.

Australia bank chief faces a tough debut

According to this article by Reuters, published Tuesday 1 August, new RBA governor Glenn Stevens is likely to upset politicians and Australia's heavily indebted homeowners, with his chief concern the control of inflation.

Soccer star Kewell could transfer to RBA

A recent poll of business leaders and economists, reported by The Age, shows that Reserve Bank of Australia deputy governor Glenn Stevens is the most preferred candidate to succeed governor Ian Macfarlane.

RBA's Stevens on risk and the macroeconomy

In the speech 'Risk and the macroeconomy' given on 27 May Glenn Stevens of the Reserve Bank of Australia said interest rates around the world can't stay low and steady ``permanently'' and central banks will continue to control inflation.

RBA's Stevens calls for continuity

Glenn Stevens, deputy governor of the Reserve Bank of Australia, has called for "continuity" above all else when it comes to finding a replacement for governor Ian Macfarlane in September.

Rivals line up for RBA succession

Australian Treasurer Peter Costello has just six months to find a replacement for Reserve Bank of Australia governor Ian Macfarlane. According to this article published on Sunday 26 March, Glenn Stevens may be favourite for the post, but there is still…

RBA's Stevens: Recent economic & financial trends

In the speech 'Some observations on recent economic and financial trends' given on 22 February Glenn Stevens of the RBA said inflation in Australia is well contained and inflationary risks are balanced, yet interest rates are still more likely to rise…

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