Australia
RBA Financial Stability Review, March 2007
The Reserve Bank of Australia published the March 2007 edition of its Financial Stability Review on Monday 26 March. There are few risks to financial stability with the level of problem loans quite low and households adopting a cautious approach to their…
RBA's Edey on Australia in the global economy
In the speech 'Australia in the global economy' given on 16 March Malcolm Edey of the Reserve Bank of Australia said Australia's underlying inflation level is still expected to decline slightly over the next two years to around 2.75 pct which is higher…
RBA's Edey on the Australian economy in 2007
In the speech 'The Australian economy in 2007' given on 7 March Malcolm Edey of the RBA said Australia's economy is expected to be underpinned in the short-term by still solid world economic growth, especially resource exports to China and India.
Goldman Sachs role for ex-RBA chief
Global investment bank Goldman Sachs said on Monday 5 March that former Reserve Bank of Australia governor Ian Macfarlane, will join its ranks as an international adviser.
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…
Russia reiterates reserve diversification idea
The Russian central bank remains interested in further diversification of the currency structure of its gold and forex exchange reserves, its first deputy chairman said in a newspaper interview published on Tuesday 21 February.
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.