THE AUSTRALIAN MAY 3, 2016 2:37PM by Adam Creighton Economics correspondent Fear of a job-destroying deflationary spiral has compelled the Reserve Bank to cut interest rates to a new historic low of 1.75 per cent today, risking another politically charged spike in house ... Read more
RBA — No Rate Change Decision
Media ReleaseStatement by Glenn Stevens, Governor: Monetary Policy Decision Number 2016-08 Date 5 April 2016 At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. Recent information suggests that the global economy is continuing to grow, though at a ... Read more
Advice at Claim Time
Advice at claim time By Christopher Page If the recent scandal at CommInsure has taught us anything, it's the value of having a financial adviser at claim time. That may not seem like the case at the moment given that advisers have become targets for some media commentators who are ... Read more
Warren Buffet’s Letter to Investors
Thursday, March 10th, 2016 Once again Warren Buffett has presented a compelling long term view of the growth potential of the US economy. In doing so he draws upon his long lifetime experience to explain that betting against the USA was and remains a foolish investment endeavour – “For 240 ... Read more
Minutes of the Monetary Policy Meeting of the Reserve Bank Board
Sydney – 6 October 2015. Members Present: Glenn Stevens (Governor and Chair), Philip Lowe (Deputy Governor), John Akehurst, Roger Corbett AO, John Edwards, Kathryn Fagg, John Fraser (Secretary to the Treasury), Heather Ridout AO and Catherine Tanna Others Present: Guy Debelle (Assistant ... Read more
Next global recession may be ‘made in China’
As the global economy enters the seventh year of a sluggish recovery, it’s time to start asking when the world will face its next downturn — and what will drive it. by RUCHIR SHARMA The Wall Street Journal August 18, 2015 12:00AM As the global economy enters the seventh ... Read more
RBA Keeps Rates on Hold!
Media Release Date 4 August 2015 Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity ... Read more
The Greek Situation —A synopsis from the Washington Post
Please click on the link below: The Greek Situation ... Read more
Aust may need to weaken dollar: Bernanke
Australia would "have to respond" if a stubbornly high dollar was a drag on the economy, Former US Federal Reserve Chairman Ben Bernanke has said. Dr Bernanke also said prudential policies being used in Australia and other Commonwealth countries are "the best approach" to address ... Read more
RBA Rate Cut Decision and Notes
Please find below an excerpt from the RBA regarding the 0.25% rate cut decision to take the rate to 2% for your perusal:- Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.0 per cent, ... Read more