The rapid fall in the iron ore price in the past few weeks has exposed the core risk to the Australian economy: the currency needs to fall…
The rapid fall in the iron ore price in the past few weeks has exposed the core risk to the Australian economy: the currency needs to fall…
Australia is being put through the global wringer. Unless Europe, China and the US each embark on a massive stimulation, then there are s…
When the Reserve Bank sets interest rates in Australia, it must broadly assess financial conditions and then determine whether a change in r…
The official interest rate has remained unchanged at 3.5%, in line with economists’ expectations, with the Reserve Bank saying most indica…
The Reserve Bank has kept the official interest rate on hold this afternoon, a move largely in line with economists’ expectations. Althou…
Economists have played down the prospect of a further interest rate cut, despite new data showing that inflation has slipped to its lowest p…
It’s the second time in six weeks Reserve Bank governor Glenn Stevens has stood before the Australian public and told us to be more upbeat…
Three months ago the possibility of a European break-up was real but an outside chance. Last week a survey by Bank of America Merrill Lync…
Consumers have finally responded to the Reserve Bank’s cuts to official interest rates, with Westpac’s consumer sentiment rising 3.7% from 9…
The People’s Bank of China and the European Central Bank have both lowered interest rates in a move which Australian economists say is inten…
Rate cuts are on hold for now, with senior economists predicting only modest rate cuts towards the end of the year, after the Reserve Bank b…
The Reserve Bank of Australia decided yesterday not to manipulate the overnight cash interest rate. Last month, though, it did engage in pri…
