Search results

Spot on Stewart. :)

Definitely on you with this. Its great guns for the industry and investors - for a while yet too!

Thank you! If you've heard the story 'behind' that meeting - pretty fascinating (at least for econ geeks like myself). Pretty sure there were very fast moving developments internationally over that weekend. Everyone (board members) walked in expecting an 0.5% cut to be announced - and then...

First Tuesday of every month - they take a break over December/January though. Realistically they look at information as it comes out daily and feed this through to their expectations/narrative. Cheers, Redom

Yes, but this is nothing unusual and has been used previously - for a brief period as part of the 02-04 boom before increases in rates 'took the top of off the boom'. Lots of this 'macroprudential' stuff is going on behind the scenes without anyone ever really knowing. The mass media have...

The RBA's goals are primarily based on 'price stability' and employment. They no longer target a desired exchange rate - they did this back in the 70s. A lower dollar helps boost income growth in Australia. It effectively acts as a 'market' force to transition resources away from certain...

Our institutional design is very different to NZ. APRA hold responsibility for prudential oversight of the financial system and the 'maco-prudential' tools that RBNZ have implemented. Of course APRA/RBA/Treasury all talk to each other - i'm pretty sure there's an official oversight group...

With you on this Truly Exotic. There's only so much monetary policy can do to pick up on 'slack demand'. I dont think the RBA thinks its funding and finance thats the problem - its more to do so with confidence of the private sector (non mining) to invest in long term projects. Funds...