Reserve Bank of Australia (RBA)
Australians might be better off renting, paper finds
If people expect house price growth to slow relative to the past 60 years, they might be better off renting, according to a paper published by the Reserve Bank of Australia
RBA's Debelle doesn't fear digital disruption to payments and currencies
RBA assistant governor Guy Debelle tells London conference digital disruption is a micro, not macro story - saying central banks can deal with a change in the transmission mechanism
Glenn Stevens lifts veil on RBA comms strategy
Reserve Bank of Australia governor Glenn Stevens says guidance on the future path of interest rates has ‘served its purpose’ and tells markets what to look for next
RBA likely to keep policy on hold
Reserve Bank of Australia board expects to keep its cash rate on hold at 2.5% for ‘some time yet’ as inflation remains within the central bank’s target
People: Dewatripont is new Belgian no.2; RBA appoints new economics research head
Mathias Dewatripont replaces Françoise Masai as vice-governor of the National Bank of Belgium; RBA promotes Alexandra Heath as Jonathan Kearns heads for the BIS; and more
Central bank holdings of Australian dollars may be levelling off, says RBA's Debelle
RBA deputy governor Guy Debelle says the majority of sovereign asset managers diversified into Australian dollars by 2012, so overseas holdings of sovereign debt may soon plateau
A new wave for polymer banknotes
Does the Bank of England’s move to introduce substrate banknotes represent a ‘tipping point’ for polymer currency? By Tristan Carlyle.
RBA says low rates appropriate for 'some time yet'
The Reserve Bank of Australia sees evidence of the effects of 'substantial' monetary stimulus, but also says economy continues to face 'significant headwinds'
RBA’s Debelle sees mixed future for bond markets
Guy Debelle says corporate bond issuance will remain ‘subdued’ in the near term as large Australian companies have ‘accumulated significant cash balances’
‘Seismic' renminbi internationalisation has a way to go, says RBA deputy
For the renminbi to be considered truly ‘internationalised', RBA deputy Philip Lowe says it must reach a situation where non-residents are willing to hold it un-hedged
Poor co-ordination on capital controls could prove ‘highly detrimental’, paper warns
Paper presented at RBA annual conference finds significant spillover effects from US monetary policy and calls for greater co-ordination of attempts to control capital flows
RBA reveals details of ‘next generation’ banknote project
Quarterly bulletin gives insights into plans for the first Australian banknote change in 20 years, including new print methods, security features, stakeholder engagement and logistics
Weaker currency boosts Australian growth, study shows
A 10% drop in the value of the Australian dollar would boost economic growth in the country by 1% after a couple of years, RBA paper finds
Central banks have ‘irreducible’ role in financial stability
Reserve Bank of Australia assistant governor Malcolm Edey says central banks are entwined with financial stability whether or not they have formal prudential powers
Lowe airs concerns about ageing population
RBA deputy says Australian population could become ‘inherently more risk averse’ as it ages, which could make it harder for the economy to generate productivity growth
RBA takes next step in opening up payments market
Shake-up of access regimes aims to give more room for competition in the Australian payments market; proposed changes still need amendments to legislation to go ahead
Stevens dismisses concerns over Australia’s higher inflation target
RBA governor and deputies grilled over appropriateness of higher inflation target than most advanced economies; questions also raised on credit growth, competitiveness and the move away from mining
Australia, Korea strike $5 billion swap deal
Glenn Stevens and Choong Soo Kim sign the countries’ first swap arrangement on the sidelines of the G-20 meeting as they look to promote bilateral trade
RBA assistant governor says weaker Aussie dollar 'not surprising'
Transition of Australia's mining boom from 'investment to production phase' helps explain the currency's depreciation, says assistant governor Christopher Kent
Debelle and Fisher to head up FSB FX benchmarks review
RBA deputy governor and Bank of England head of markets will lead a review at the FSB, and present findings to G-20 Brisbane conference in November
IMF sees ‘limited scope’ for RBA rate cuts
Article IV staff report says Reserve Bank of Australia’s accommodative monetary policy is ‘broadly appropriate’ but warns the central bank could struggle to offset further shocks
RBA changes tune on cash and exchange rates
Reserve Bank of Australia hints at a ‘period of stability’ in interest rates and welcomes the weaker Australian dollar
RBA inflation target mitigated terms of trade macro shocks
Researchers at the Reserve Bank of Australia argue that the country’s inflation targeting framework helped to mitigate the macroeconomic consequences of the recent terms of trade boom
RBA bulletin considers CCP resolution
Reserve Bank of Australia quarterly bulletin features an article on the recovery tools and resolution regimes that could be employed when central counterparties suffer losses