Australia
Australian dollar falls as RBA keeps rate cut on agenda
Central bank willing to provide more stimulus after economic reassessment due in February 2020
Overhaul of RBA archive sees a third of records digitalised
Externally-facing archive will give public greater insight into central bank’s history – review
ECB paper examines low inflation’s impact on Asia
Researchers study impact of downside inflationary shocks on 12 of region’s largest economies
Global house price growth slows, but China still surging
BIS figures show broad slowdown in growth, though prices are still rising fast in some places
Kansas Fed paper looks at weak US fraud controls
US has much higher ‘in-person fraud’ rates than three other developed economies, researcher says
RBA’s Lowe rules out QE in Australia
Governor stresses inflation forecasts converge to target in 2021, and rates could be cut if needed
Australia’s FMI supervisory oversight ‘not fit for purpose’
Proposal would transfer oversight of FMIs to central bank and securities regulator
Australia’s AML regulator takes action against Westpac
Large lender found to have breached AML regulation millions of times, including 12 customers linked to child exploitation payments
RBA considered cut at latest meeting – minutes
Case was made for monetary easing, but board opted to wait for data on previous cuts before launching further policy action
Debelle analyses impact of mortgage arrears
Mortgage arrears are at historical low, Australian deputy says; trends in Western Australia could be informative in a downturn
RBA flags low profitability of life insurance industry
Australia’s financial industry faces long-term challenges in managing climate change risks
RBA cuts rates to new record low
Australia’s central bank “prepared to ease monetary policy further” to meet inflation target
Swift conducts 13-second cross-border payment
Trials saw payments go from origination through to clearing and settlement in seconds
Aussie regulator signals tougher misconduct stance
Asic warns it will use new powers to punish misconduct in wake of excoriating Royal Commission review
RBA sheds light on new ‘Martin’ macro model
Large-scale “macroeconometric” model designed to balance flexibility and theoretical rigour
RBA open to unconventional policy measures – deputy governor Debelle
Quantitative easing may be on the cards if central bank cuts rates to 0.5%
RBA ready to cut rates below record-low 1% – minutes
On August 6, central bank cut its growth projections on higher international trade tensions
World Bank official says blockchain could cut settlement times
Official says first blockchain bond shows the technology's potential
Rate cuts support Australia’s economy – RBA assistant governor
RBA cuts rates to record lows in two successive months as GDP growth slows
Australia could reach zero lower bound, says Lowe
Governor says RBA is open to unconventional monetary policy
RBA lowers growth and inflation forecasts
Australian governor says central bank is ready to cut rates further from record-low 1%
RBA’s Lowe defends inflation target’s effectiveness
Alternative frameworks would be difficult to implement and harder to explain – Australian governor
RBA’s Lowe: global uncertainty clouding Australian outlook
Governor of RBA emphasises positives, but says global factors complicating prospects
RBA slashes rates to new record low
Australia’s back-to-back rate cut is first since 2012