Australia
RBA's Battellino appointed deputy governor
The Australian government appointed Ric Battellino as deputy governor of the Reserve Bank of Australia on Wednesday 14 February for a five-year term.
RBA Statement on Monetary Policy, February 2007
The Reserve Bank of Australia published its February 2007 Statement on Monetary Policy on 12 February. In the report the RBA cut its inflation forecast for 2007, saying three interest-rate increases last year may have contained price pressures.
Ex-RBA chief joins Woolworths board
Woolworths has appointed former Reserve Bank of Australia governor Ian Macfarlane to its board, the company said in a statement on Tuesday 30 January.
Economists may review RBA testimony
Australian lawmakers are likely to invite economists to review the twice-yearly testimony of Reserve Bank of Australia Governor Glenn Stevens, Bloomberg reported Friday 19 January.
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.
Robert Mclean joins Australia's PSB
Australia's treasurer Peter Costello has appointed academic and businessman Robert McLean as a part-time member to the central bank's Payments System Board (PSB) for a five-year term.
RBA: Separating "signal" from "noise" in inflation
Estimating underlying inflation is crucial in monetary-policy making that uses "noisy" CPI data in forecasting. In a recent speech Tony Richards, head of economic analysis at the RBA, set out work the central bank has done in this area.
PBOC establishes South Pacific office in Sydney
The People's Bank of China (PBOC) announced the establishment of its representative office for the South Pacific in Sydney. The office started operation on November 19, 2006.
E. Asia-Pacific & Eurozone cb seminar
The Reserve Bank of New Zealand and the European Central Bank jointly organised the 3rd High-Level Seminar of Central Banks in the East Asia-Pacific Region and the Euro Area on Tuesday 21 November.
Debelle on the Australian foreign exchange market
In the speech 'The Australian foreign exchange market' given on 17 November Guy Debelle of the Reserve Bank of Australia said the Australian dollar has been "remarkably stable" given the rapid growth of turnover in the local foreign exchange market.
RBA Statement on Monetary Policy, November 2006
The Reserve Bank of Australia published its November 2006 Statement on Monetary Policy on 13 November. In the report the RBA said it expects inflationary pressures to remain in the economy although it expects its monetary policy to counteract such…
RBA raises rates to 6.25%
The Reserve Bank of Australia has increased the official cash rate by 25 basis points to 6.25% as widely expected, after its monthly monetary policy meeting on Wednesday 8 November.
Canada's Dodge on prospering in the global economy
In the speech 'Prospering in today's global economy: Challenges for open economies such as Australia and Canada' given on 6 November David Dodge of the Bank of Canada said the IMF should be able to bluntly tell governments when their policies hurt other…
RBA appoints head of payments policy
The Reserve Bank of Australia announced Friday 3 November the appointment of Ms Michele Bullock to the position of Head of Payments Policy Department.
RBA 'Demography and financial markets' conference
The Reserve Bank of Australia published papers from its 'Demography and financial markets' 23-25 July 2006 conference on 12 October. The G20 workshop brought together academics, policy advisors, private sector participants and representatives from the…
RBA's Lowe on the central bank and payment system
In the speech 'The Central Bank and the Payment System' given on 12 October Philip Lowe of the Reserve Bank of Australia said broadly speaking, there are at least three ways in which a central bank can influence payment system outcomes.
RBA's Stevens on economic conditions and prospects
In the speech 'Economic conditions and prospects' given on 11 October Glenn Stevens of the Reserve Bank of Australia said Australia's central bank must keep inflation in check in the near term.
RBA Payments System Board Annual Report 2006
According to the Reserve Bank of Australia's Payments System Board Annual Report 2006, while the use of both credit and debit cards has increased substantially over the past decade, the timing of growth has differed.
RBA's Lowe on payment systems evolution
In a speech given on 27 September Philip Lowe of the RBA said over the past year or so, the Reserve Bank has been examining the architecture and governance of Australia's payment systems and the range of payment products offered in Australia.
RBNZ paper on open economy inflation targeters
The Reserve Bank of New Zealand Discussion Paper "What do robust policies look like for open economy inflation targeters?" examines the role of the open economy in determining robust rules when the central bank fears various model misspecification errors.
RBA Financial Stability Review, September 2006
The Reserve Bank of Australia published the September 2006 edition of its Financial Stability Review on Thursday 28 September. Household balance sheets are in reasonable shape despite recent interest rate hikes, according to the latest Review.
Deputy must be RBA man
According to this article published on the news.com.au website on Thursday 21 September, while it is reasonable to do so it is vital the deputy comes from within the central bank.
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.