Australia

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.

Reserve Bank of Australia - Annual Report 2006

The Reserve Bank of Australia's Annual Report 2006, published Tuesday 12 September, said the RBA has given the federal government a $1.5 billion payout as its assets under management topped $100 billion, the report said.

RBA's Battellino on retail finance

In the speech 'Developments in Australian retail finance' given on 22 August Ric Battellino of the Reserve Bank of Australia said there were grounds for believing that household finances are in better shape than expected.

Deputy dogfight in the RBA corral

According to this recent article from The Sydney Morning Herald, two empty boardroom chairs at the Reserve Bank of Australia will present a rare visible sign of tensions between the central bank and Canberra.

RBA's Lowe on risk measurement

In the speech 'Risk measurement - A central bank perspective' given on 5 September Philip Lowe of the Reserve Bank of Australia said the RBA accepted that banks had effectively managed the risk to their own balance sheets.

How Australia hedges

This paper from Australia's central bank examines foreign exchange hedging behaviour in the country since it adopted a floating exchange rate regime.

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.

RBNZ paper on exchange rate stabilisation

The Reserve Bank of New Zealand Working Paper "How costly is exchange rate stabilisation for an inflation targeter? The case of Australia" quantifies the costs of mitigating exchange rate volatility within the context of a flexible inflation targeting…

IMF to appoint Jonathan Palmer to new CIO role

Rodrigo de Rato, Managing Director of the International Monetary Fund (IMF), announced Wednesday 26 July his intention to appoint Jonathan Palmer as Chief Information Officer (CIO) of the IMF and Associate Director of the Fund's Technology and General…

RBA's Battellino on regional capital flows

In the speech 'Regional capital flows' given on 28 June (published 21 July) Ric Battellino of the RBA said cross-border capital flows are growing and they are having an increased bearing on our work as policy-makers.

Former RBA official supports Stevens

Former Reserve Bank of Australia board member Dick Warburton was quoted by the Sydney Morning Herald as saying that he has a lot of faith in the central bank's deputy governor Glenn Stevens.

Review of the Asian Bond Fund 2 Initiative

The Bank of Japan has announced that the EMEAP (Executives' Meeting of East Asia-Pacific Central Banks) Working Group on Financial Markets has released a report titled "Review of the Asian Bond Fund 2 Initiative."

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.