Australia
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.
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.
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.
Macfarlane disappointed by election comments
The Reserve Bank of Australia believes the Coalition's 2004 election promise to keep interest rates lower than Labor compromised the independence of the central bank in the minds of many voters.
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.
Macfarlane says world can cope with oil shocks
The world economy is surprisingly good at absorbing price pressures from rising oil prices, said Ian Macfarlane, the outgoing governor of Australia's central bank.
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.
RBA paper on housing market equity flows
This discussion paper from the Reserve Bank of Australia looks at how equity is being withdrawn and injected in the housing market.
MacFarlane explains recent rate rise
In his final testimony to lawmakers before retiring as governor of Australia's central bank, Ian MacFarlane explains recent rate rise.
RBA's Macfarlane facing final hearing
The Australian House of representatives economics committee will hold a public hearing on Friday 18 August with the Reserve Bank governor, Ian Macfarlane.
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.
Central banker has big boots to fill
According to this article, published Saturday 5 August by The Age, the man who will replace Ian Macfarlane at the Reserve Bank of Australia will have a tough time.
RBA Statement on Monetary Policy, August 2006
The Reserve Bank of Australia published its August 2006 Statement on Monetary Policy on 4 August. The RBA raised its inflation forecasts but said the risks to the outlook were balanced.
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.
RBA's McKibbin reappointed for five years
Australian Treasurer Peter Costello has reappointed professor Warwick McKibbin to the board of the Reserve Bank of Australia for a second five-year term beginning Monday 31 July.