Reserve Bank of Australia (RBA)

Currency Crises and Macroeconomic Performance

RESEARCH - In the Reserve Bank of Australia Research Paper, 'Currency Crises and Macroeconomic Performance' the authors present some theory and evidence on the implications of sudden currency depreciations for output and inflation. The paper identifies…

Interview - McKibbin backs old friend Takenaka

INTERVIEW - In an interview given Monday Reserve Bank of Australia board member Warwick McKibbin supported his 'old friend' Japanese Economics Minister Heizo Takenaka's campaign to unite the government and central bank to fight deflation.

Australian credit-card case clears first hurdle

The potential complexity of Visa and MasterCard's landmark legal action against the Reserve Bank of Australia over credit-card reforms was underscored on Wednesday when the parties spent the day resolving how confidential information from 50 third…

Battellino on Australian bonds issued offshore

SPEECH - In the speech 'Why do so Many Australian Borrowers Issue Bonds Offshore?' Ric Battellino of the RBA said motives included the greater range of investors overseas and differences in the state of development between the Australian and US corporate…

Macfarlane - Monetary Policy in an Uncertain World

SPEECH - In the speech 'Monetary Policy in an Uncertain World' made on 13 November, Ian Macfarlane of the Reserve Bank of Australia said when we look around us at the challenges facing central banks in other countries, we are reminded that decisions are…

RBA Bulletin - October 2002

REPORT - The Reserve Bank of Australia published its October 2002 Bulletin on 17 October. The Bulletin contains articles on Developments in the Trade-Weighted Index, Dual-listed Companies and The Changing Composition of the Australian Workforce.

Stevens on Australia's Medium-Term Econ Prospects

SPEECH - In a speech titled 'Medium-Term Economic Prospects for Australia' Glenn Stevens, Deputy Governor of the Reserve Bank of Australia said that the Australian economy is in pretty good shape, compared to other major economies, and has enjoyed an…

Visa plans legal action against RBA

AUSTRALIA - The largest credit card company operating in Australia, Visa International, has launched an unprecedented legal action against the Reserve Bank of Australia to overturn reforms Visa claims will discourage its 10 million card holders from…

RBA Annual Report shows net profit down $1bn

AUSTRALIA - The Reserve Bank of Australia's net profit slumped more than $1 billion in 2001/02 after falls in earnings from its interest and foreign investment portfolio. The figure was revealed as the Bank published its 2002 Annual Report on Wednesday.

Speech by Malcolm Edey of the RBA, 22 Aug

SPEECH - In the speech 'The Global Economic Scene' Edey said it was wrong of anyone to suggest that the global economy was going backwards. Assistant Governor Edey also said that "given the supportive policy settings in place around the world, it would…

RBA Bulletin - August 2002 Issue

REPORT - The Reserve Bank of Australia published its August 2002 Bulletin on 15 August. The Bulletin contains articles on Australia's Foreign Currency Exposure and Hedging Practices and Recent Proposals for Reform of Sovereign Debt Restructuring.

RBA report says rates may rise again

AUSTRALIA - The Reserve Bank of Australia expressed confidence on Monday that recent market volatility would have only a minor effect on the world economy and signalled it stands ready to raise interest rates again once current uncertainty passes.

Reserve Bank of Australia - Bulletin, July 2002

REPORT - On 18 July the Reserve Bank of Australia (RBA) published its July 2002 Bulletin. In the Bulletin the RBA says that over the past five years, there has been a sustained rise in house prices in most major cities in Australia. Some part of this…

Reserve Bank of Australia 2002 Conference

CONFERENCE - The Reserve Bank of Australia 2002 conference 27-28 May, jointly organised with the Australian Treasury, is on the topic: 'Globalisation, Living Standards and Inequality: Recent Progress and Continuing Challenges'.

Speech by Glenn Stevens of the RBA, 16 May

SPEECH - Stevens gave a speech titled 'International Economic and Financial Issues: An RBA Perspective' on Thursday and said that the US economy remained the uncertain factor for world growth this year although it was clear a turning point had happened, …

Kabul joins queue for bank services

AUSTRALIA - Two months after John Howard promised Australian help to rebuild Afghanistan's war-ravaged central bank, the Reserve Bank of Australia official chosen to advise his Afghan counterparts is still cooling his heels in Sydney, The Australian…

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