Australia
Reserve Bank of Australia - Annual Report 2001
ANNUAL REPORT - The Reserve Bank of Australia today, 29 August, released its 2001 Annual Report.
Australian economy 'immune' to turmoil - Costello
AUSTRALIA - Australia would be immune to looming global economic turmoil, Australian Treasurer Peter Costello said yesterday as the threat of recession looms larger for the US. Mr Costello predicted Australia would top the world economic growth table…
EC put cards on the table and Visa comes up trumps
AUSTRALIA - The European Commission (EC) has approved Visa's rules on interchange fees for debit and credit cards.
Bank charges given support by Australian study
AUSTRALIA - A study by Macquarie University claims that banks are justified in charging high service fees.
Credit card growth blamed for spiralling debt
AUSTRALIA - The proliferation of credit cards has contributed to the bad management of personal debt, according to NRMA Building Society research.
Paper - Reserve Bank of Australia 2001 Conference
RESEARCH - A paper titled 'Setting Monetary Policy in East Asia: Goals, Developments and Institutions' was presented at the RBA's 2001 conference, Future Directions for Monetary Policies in East Asia.
Paper - Reserve Bank of Australia 2001 Conference
RESEARCH - A paper titled 'Three Perspectives on an Australasian Monetary Union' was presented at the RBA's 2001 conference, Future Directions for Monetary Policies in East Asia.
Paper - Reserve Bank of Australia 2001 Conference
RESEARCH - A paper titled 'The Case for Inflation Targeting in East Asian Countries' was presented at the RBA's 2001 conference, Future Directions for Monetary Policies in East Asia.
Paper - Reserve Bank of Australia 2001 Conference
RESEARCH - A paper titled 'A Monetary Union in Asia? Some European Lessons' was presented at the RBA's 2001 conference, Future Directions for Monetary Policies in East Asia.
Costello taps Warwick McKibbin for RBA board
AUSTRALIA - Australian Treasurer Peter Costello said today, 26 July, he appointed academic Warwick McKibbin as a member of the Reserve Bank of Australia's board.
Australasian union could see trade double - paper
AUSTRALIA - Australia could enjoy a doubling in trade with New Zealand if the two countries embarked on a path of currency union, a discussion paper presented to a Reserve Bank of Australia conference on 24 July concluded.
Australasia must be considered in Asia union
AUSTRALIA - Australia and New Zealand should be considered in any move towards monetary union in Asia, a discussion paper at a Reserve Bank of Australia conference in Sydney on 24 July concluded.
Monetary Policy: The End of History?
SPEECH - Stephen Grenville, Deputy Governor of the Reserve Bank of Australia gave a speech on 20 July at the Monetary Authority of Singapore 30th Anniversary Conference on Central Banking in The New Economic and Financial Landscape, Singapore.
BIS urges watch on Asian c.bank balance sheets
AUSTRALIA - The Bank for International Settlements said today, 24 July, more attention should be paid to the balance sheet independence of central banks in Asia.
Asia-Pacific bank governors meet in Australia
AUSTRALIA - Central bank governors and deputies from the Asia-Pacific region met today, 23 July in Australia, but their discussions were held in private and no communique was released.
Bank backs Aussie-Kiwi policy
NEW ZEALAND - A journal published by the Hong Kong and Shanghai Banking Corporation (HSBC) has called on Australia and New Zealand to adopt a common monetary policy.
Economic Developments at Home and Abroad
SPEECH - The Governor of the Reserve Bank of Australia, Ian Macfarlane, has given a speech at the Joint Australian Business Economists & Economic Society (New South Wales Branch) Dinner in Sydney, today, 10 July.
Single currency for NZ and Aus
NEW ZEALAND - Economists at a Sydney forum discussed a shared currency for New Zealand and Australia on 20 June.
Australian rates likely to remain unchanged
AUSTRALIA - Australia's central bank governor said on 11 May that interest rates will be cut again only if there is a dramatic threat to the U.S. and global economies.
Supereconomies face clashes
EUROPE - Central bank politics is assuming an intriguing role in attempted reversal of the slowdown of the US economy and spreading effects on other parts of the world.
RBA will make rates decision at meeting on 1 May
AUSTALIA - The Reserve Bank of Australia board meets tomorrow, 1 May, to consider whether the future risks to the Australian economy warrant further interest rate reductions. And according to market economists the decision will be a finely balanced one.
Australian inflation lowers rate cut call
AUSTRALIA - Expectations of an interest rate cut have been lowered after the release of surprisingly high inflation figures. The Reserve Bank board is due to meet next week.
Settlement system to remain in New Zealand
NEW ZEALAND - The Reserve Bank of New Zealand announced on Apr 18 that its plan to move the hardware used for inter-bank settlements in New Zealand to Sydney will not proceed.
Debelle becomes RBA head of economic analysis
AUSTRALIA - The Reserve Bank of Australia has appointed Dr Guy Debelle as head of the economic analysis department, replacing Malcolm Edey.