Australia
Reserve Bank of Australia Bulletin, February 2002
REPORT - RBA Recent Developments in Small Business Finance, 21 February 2002.
CBA hits Reserve, playing "social policy" on cards
AUSTRALIA - On Thursday Commonwealth Bank of Australia (CBA) attacked the Reserve Bank over its proposed credit card reforms.
Asian economies on the mend
ASIA - While many of Asia's economies are stagnating or deep in recession, anecdotal evidence emerges from Singapore, Taiwan, South Korea and Australia that a recovery could be under way.
Speech by Glenn Stevens of the RBA, 18 Feb
SPEECH - In the speech titled 'The Economic Outlook in 2002' Stevens said economic prospects were "pretty good", although there could be a weak patch during 2002.
RBA says Australia's prospects pretty good
AUSTRALIA - The Reserve Bank of Australia said on Monday there were good reasons to be confident about the domestic economy over 2002, but warned that Japan remained the biggest risk to a global recovery.
Australian Reserve Bank's credit-card plan slated
AUSTRALIA - MasterCard said it will consider scaling back its Australian operations if the central bank proceeds with its plan to cut credit-card fees and open the credit-card system to new participants.
Gold bugs should not get too excited
AUSTRALIA - Predictions of a sustained increase in gold prices are not expected to be realised. The reason for the lack of a sustained revival is the poor business foundations of the gold industry.
Reserve Bank of Australia Report
REPORT - The latest quarterly Statement on Monetary Policy has been released by the RBA, 11 February.
Reserve Bank of Australia - Media Release
MEDIA RELEASE - Senior Management Changes, 29 January.
Australia's Res Bank appoint head of domestic mkts
AUSTRALIA - The Reserve Bank of Australia said Tuesday it has appointed Philip Lowe as head of its domestic markets department.
Credit card clean-up in Australia
AUSTRALIA - The Reserve Bank of Australia is poised to make sweeping changes to credit card regulations in 2002. Should it prohibit the banks' interchange fee structure, as has already been flagged, Australia's banks will lose a collective $A400 million…
Reserve Bank of Australia - Media Release
MEDIA RELEASE - Appointment of Dr Malcolm Edey as Assistant Governor (Economic), 23 January 2002.
RBA appoints new assistant governor economic
AUSTRALIA - The Reserve Bank today announced the appointment of Dr Malcolm Edey as assistant governor (economic).
RBA names new deputy governor
AUSTRALIA - The appointment on Thursday of Mr Glenn Stevens as deputy governor of the Reserve Bank of Australia makes him the frontrunner to become the central bank's next governor.
Australia's RBA to deregulate credit card sector
AUSTRALIA - The Reserve Bank of Australia Friday proposed to deregulate the country's credit card system, forcing down fees and allowing retailers to recoup costs from customers.
RBA Macfarlane says growth running at around 3 pct
AUSTRALIA - Reserve Bank Governor Ian Macfarlane said on Thursday he saw the Australian economic growth running at around three percent.
IMF Working Paper - Australian Business Cycles
RESEARCH - Key Features of Australian Business Cycles, prepared by Paul Cashin and Sam Ouliaris, International Monetary Fund, November 2001.
Australian Reserve Bank to keep tower
AUSTRALIA - The Reserve Bank of Australia (RBA) has key offices in capital cities of Australia. In late 2001, it has decided to keep its Melbourne office at 60 Collins Street.
Speech by Ian Macfarlane, Governor of the RBA
SPEECH - Talk by Ian Macfarlane, Governor of the Reserve Bank of Australia, to Australian Business Economists/ Economic Society of Australia (New South Wales Branch) Forecasting Conference Dinner, Sydney, 6 December 2001.
Reserve Bank of Australia - Official Media Release
MEDIA RELEASE - Statement by the Governor, Mr Ian MacFarlane - Monetary Policy.
Australia cuts rates as growth surges
AUSTRALIA - Australia's central bank has taken out an insurance policy against slower economic growth with a quarter-point interest rate cut to 4.25 per cent, taking rates to a 28-year low.
Australian reserve bank hawks prime office space
AUSTRALIA - The Reserve Bank of Australia (RBA) is to lease out 6,000sq m of office space at its Martin Place, Sydney office.
Speech by David Gruen of the RBA
SPEECH - Speech by David Gruen, Head of Economic Research at the Reserve Bank of Australia at the 2001 Comview Conference of the Victorian Commercial Teachers Association, Melbourne, 27 November.
Banks deal with coin shortage in Australia
AUSTRALIA - Banks in some parts of Australia are experiencing coin shortages. The Reserve Bank of Australia (RBA), which recently implemented a new coin distribution system, blames the shortfall on teething problems with the new system.