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Australia

Grenville's successor at RBA?

Reserve Bank of Australia assistant governor Glenn Stevens is the leading candidate to succeed Stephen Grenville as deputy governor, according to sources close to the Reserve Bank central bank.

Australia's 'empty' economic agenda

AUSTRALIA - On its first working day after its re-election at the weekend, Australia's government was handed an upbeat assessment of the economy from the central bank, after a campaign that lacked almost any debate on the issue.

Glenn Stevens tipped as new RBA dep gov

ARTICLE - Reserve Bank of Australia Assistant Governor Glenn Stevens is the clear favorite among a small field of contenders to fill the shoes of Deputy Governor Stephen Grenville, who retires 30 November.

Speech by Glenn Stevens of the RBA

SPEECH - Speech at the Economic Society of Australia (Victorian Branch) Forecasting Conference, Melbourne, 10 October, by Glenn Stevens, Assistant Governor, Economic Group, Reserve Bank of Australia.

VISA attacks RBA credit card plan

AUSTRALIA - Reserve Bank of Australia (RBA) plans to regulate credit card interchange fees have come under attack from Visa International.

Australia lowers interest rates

AUSTRALIA - The Reserve Bank of Australia sliced interest rates by one-quarter percentage point on 5 September to offset weakening global economic activity and despite higher-than-forecast inflation.

Australian economy 'immune' to turmoil - Costello

AUSTRALIA - Australia would be immune to looming global economic turmoil, Australian Treasurer Peter Costello said yesterday as the threat of recession looms larger for the US. Mr Costello predicted Australia would top the world economic growth table…

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