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Downturn mild, says RBA boss

Shanghai : China | about 1 month ago  
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Bank governor Glenn Stevens says Australia is already on the road to recovery. But even though we have been spared the worst of the downturn there is no such thing as "effortless, or riskless prosperity". Mr Stevens said Australia's links to China, the strength of our financial services...
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  • News Source: Sydney Morning Herald | about 1 month ago
    The soaring Aussie dollar and low international air fares pushed the number of Australians taking holidays overseas above 600,000 in September with the number leaving in the past year hitting a record 6 million. In its quarterly assessment of the...
  • News Source: The Daily Telegraph (Australia) | about 1 month ago
    Bank governor Glenn Stevens says Australia is already on the road to recovery. But even though we have been spared the worst of the downturn there is no such thing as "effortless, or riskless prosperity". Mr Stevens said Australia's links to China,...
  • News Source: Sydney Morning Herald | about 1 month ago
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  • Blog Source: www.fx360.com
    Despite criticism from Australians, the RBA does not believe that their rate hikes will undermine the recovery. Once again, the central bank cites growth in China as one of the primary reasons for the strength of the Australian economy which ... Bank
  • Blog Source: clausvistesen.squarespace.com
    Australia's central bank Governor Glenn Stevens signaled a surge in the nation's currency to near parity with the US dollar has given him scope to slow the pace of future interest-rate increases. Stevens, who yesterday became the first ...
  • Blog Source: forex.gftforex.com
    The RBA has been hawkish lately, pointing out that as demand from China increases, the economy is picking up Down Under. However, the Aussie did not see a hugely positive reaction to the move. It was expected, and there are other issues ...
  • Blog Source: www.forexcrunch.com
    Expectations are based on many hawkish comments made by Glenn Stevens during the recent weeks. The accompanying RBA Rate Statement will hint future policy – how close rate hikes will arrive. Published Tuesday at 2:30 GMT. ...
  • Blog Source: www.thebull.com.au
    All eyes were now turning their attention to the Reserve Bank of Australia's (RBA) monetary policy statement on Friday for any further hints on the size of the next increase in the cash rate, economists said. ... "Confirmation from the Fed that they
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