Australia
Rise in terms of trade not always inflationary: RBA paper
Reserve Bank of Australia study says floating exchange rates act as an important buffer to external shocks that influence terms of trade
Australia ‘well placed’ to deal with global downturn; RBA’s Battellino
Reserve Bank of Australia’s deputy governor Ric Battellino says Australia is in a strong position to cope with ongoing global financial turbulence
European uncertainty reflected in central bank decisions worldwide
Germany, Austria, India and South Korea lower growth estimates as a slew of countries hold interest rates; world looks on and waits to see if Europe can agree a solution to the sovereign debt crisis
RBA cuts rates on fears of global slowdown
Reserve Bank of Australia cuts rates by 25 basis points amid growing concerns over sovereign debt crisis in Europe; analysts consider options available at next meeting
Australia announces new deputy governor
Philip Lowe promoted from position as assistant governor; Heather Ridout revealed as new external board member
How to make the most of forecasts: RBA’s Stevens
Reserve Bank of Australia governor Glenn Stevens says an element of judgement must be exercised when interpreting economic forecasts
RBA’s Debelle discusses eligibility criteria for new liquidity scheme
Reserve Bank of Australia assistant governor Guy Debelle says inclusion of self-securitised mortgage-backed securities as eligible collateral in committed liquidity facility will reduce systemic risks
Debelle questions shift towards secured funding
Reserve Bank of Australia assistant governor Guy Debelle says rise in secured lending is not sustainable for financial markets
Central banks react to eurozone situation
Denmark and Romania lower benchmark rates and Australia lowers growth expectations; all point to continuing eurozone uncertainty as key decision-making factor
RBA cuts rates on weak global growth outlook
Reserve Bank of Australia drops interest rates by 25 basis points as inflation outlook improves and concerns over recovery in global demand mounts
EMEs have scope to respond to a global slowdown: RBA’s Battellino
Reserve Bank of Australia deputy governor Ric Battellino says emerging market economies have capacity to respond to decline in weakness in global demand
RBA’s Edey assesses future global CCP model
Reserve Bank of Australia assistant governor Malcolm Edey warns abstract model of central clearing pictured by G-20 leaders may not be realised in practice
RBA’s Debelle expresses concern over bank funding pressures
Reserve Bank of Australia assistant governor Guy Debelle outlines differences in bank funding pressures in Europe and Australia
Tail events resemble platypus moment, rather than black swan: RBA’s Ellis
Reserve Bank of Australia head of financial stability, Luci Ellis, says financial supervisors should be alert to rent-seeking behaviour in order to identify looming threats
RBA’s Debelle highlights risks attached to high-frequency trading
Reserve Bank of Australia assistant governor Guy Debelle says prime brokers may not be monitoring high-frequency trading risks properly
RBA announces representative in China
Ivan Roberts to open Reserve Bank of Australia representative office in Beijing; will assist with monitoring of economic and financial conditions in China
Australia less likely to catch US cold: RBA’s Battellino
Reserve Bank of Australia deputy governor Ric Battellino says weaker economic ties between US and Australian economy suggest Australia is less exposed to recessionary effects
Aussie dollar gains result in $4.78 billion loss for central bank
Reserve Bank of Australia records massive loss during 12 months to June due to decline in valuation of foreign asset reserves
Former deputy chairman to stand trial over Securency scandal
Central London court commits Bill Lowther to stand trial; hearing scheduled for early December
RBA holds rates as global uncertainty continues
Reserve Bank of Australia minutes shows policy board left rates on hold as international outlook became even more cloudy
Former deputy chairman charged over Securency scandal
Bill Lowther to appear in court next week on charges of bribery; latest development in ongoing Securency corruption scandal
RBA loses power to set wages
Reserve Bank of Australia governor Glenn Stevens's high salary in jeopardy; wages will be set by Remuneration Tribunal
Semi-government bond markets provide liquidity benefits: RBA paper
Reserve Bank of Australia study says semi-government bond market is important feature of Basel III liquidity reforms
Australian regulator moves to implement Basel III two years early
The Australian banking regulator proposes early implementation of Basel III capital and liquidity rules; draws immediate criticism from the Australian Bankers’ Association