Australia
RBA Statement on Monetary Policy, August 2002
REPORT - Reserve Bank of Australia, Statement on Monetary Policy, August 2002. The statement struck a cautiously optimistic note with the Reserve Bank saying 'the most plausible scenario' was that global markets would stabilise and Australian economic…
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.
Australia leaves rates steady
AUSTRALIA - Australia's central bank left interest rates unchanged Wednesday, amid global volatility on the financial markets and warning signs about the strength of the U.S. economic recovery.
Council of Financial Regulators Annual Report 2001
ANNUAL REPORT - Reserve Bank of Australia, Council of Financial Regulators Annual Report 2001, published 30 July.
Australian Treasury Press Release
PRESS RELEASE - Re-appointment of Mr Hugh Morgan to the Board of the Reserve Bank of Australia, 24 July.
Lower inflation in Australia
AUSTRALIA - Australia's second-quarter inflation figure has come in slightly lower than expected at 0.7 per cent, reducing the chances of another increase in interest rates next month.
Howard backs Australian economy
AUSTRALIA - Prime Minister John Howard said Monday that the Australian economy was strong and resilient. The PM also expressed confidence in the Reserve Bank of Australia.
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 Discussion Paper
RESEARCH - Reserve Bank of Australia Discussion Paper: Options for EFTPOS Interchange Fee Reform, EFTPOS Industry Working Group, July 2002.
Reserve Bank of Australia Media Release
MEDIA RELEASE - Early release of cash rate information by Bloomberg, 3 July.
Speech by Ian Macfarlane, governor of RBA, 25 June
SPEECH - In a speech titled 'Relative Advance or Relative Decline?' Macfarlane looks at the prospects for the Australian economy over the next 20 years. He concludes that although we cannot predict the future, we can try and make sure that the economy is…
Australian reserves on the up
AUSTRALIA - The Reserve Bank took advantage of the local dollar's strength against the greenback last month to sell a net $170 million in local currency on the spot market and add to its foreign exchange reserves.
RBA Bulletin, June 2002
REPORT - The Reserve Bank of Australia on Thursday published the June 2002 issue of its Bulletin.
Australia calls for regulation overhaul
AUSTRALIA - Australia on Wednesday called for increased co-operation among national securities regulators after revealing that local investors had been cheated of at least A$400m in just three years by illegal offshore telemarketing scams.
Statement by Ian Macfarlane of the RBA, 5 June
PRESS RELEASE - Statement by Ian Macfarlane, Governor of the Reserve Bank of Australia, on monetary policy: "Following a decision taken by the Board at its meeting yesterday, the Bank will be acting in the money market this morning to increase the cash…
Reserve Bank of Australia chart pack, June
RESEARCH - The Reserve Bank of Australia has released the June 2002 issue of the Chart Pack today.
RB of Australia raises benchmark rate to 4.75%
AUSTRALIA - The Reserve Bank of Australia raised its benchmark interest rate for the second time in a month by a quarter percentage point to 4.75%. It is hoped this will put a damper on a housing boom and consumer spending that may fuel inflation.
Speech by Ian Macfarlane of the RBA, 31 May
SPEECH - Ian Macfarlane, governor of the Reserve Bank of Australia, delivered his twice-yearly opening statement to House of Representatives Standing Committee on Economics, Finance and Public Administration on 31 May.
Australian interest rates 'to soar'
AUSTRALIA - Interest rates may have to rise by two percentage points in Australia to cut the risk of overheating, the country's central bank chief has warned.
Loyalty not on RBA cards
FEATURE - Ian Macfarlane and his Reserve Bank appear set on making their proposed changes to the open card schemes, Bankcard, Mastercard and Visa, by the end of the year, regardless of the growing belief the "reforms" will harm the people the central…
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, …
RBA Statement on Monetary Policy
REPORT - Reserve Bank of Australia, Statement on Monetary Policy, 10 May.
Statement by RBA Governor, Ian MacFarlane
MEDIA RELEASE - Statement from the Reserve Bank of Australia, 8 May.