Tags » RBA

21 Sept 2016 (AFR) - Outgoing RBA chief Stevens has the last word on property: Don't worry

(21 September 2016, AFR, p5, by Jacob Greber)

‘The Reserve Bank of Australia has downplayed fears of a property bubble, saying housing market conditions have eased since last year because of a regulatory crackdown on investors and a surge in apartment construction. 51 more words

1.Market Observations

Did the RBA just signal the end of rate cuts?

From Jens Meyer:

Did the RBA just signal the end of rate cuts and no-one noticed?

Well, not exactly no-one. Goldman Sachs chief economist Tim Toohey reckons the speech RBA assistant governor Chris Kent delivered on Tuesday amounts to an explicit shift to a neutral policy stance.

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Australia & NZ

15 Sept 2016 (AFR) - Risky interest-only loans stage a comeback despite crackdown

(15 September 2016, AFR, p9, by Duncan Hughes)

‘The risks of a ‘Big Short’-style melt-down in the Australian property market could be on the rise despite a crackdown by regulators after a $7 billion jump in the value of interest-only loans. 54 more words

1.Market Observations

COC free concert season announced

The COC has just released the line up for the free lunchtime concert series in the Richard Bradshaw Amphitheatre.  It’s the usual rich and eclectic mix of vocal, chamber and piano music with world music, jazz and dance thrown in for good measure.   863 more words

Toronto Opera News And Views

RBA leaves interest rate unchanged

As expected nothing new from the RBA which decided not to change both interest rate, at 1,5%, and the Official Cash Rate (OCR).

“Taking account of the available information, and having eased monetary policy at its May and August meetings, the Board judged that holding the stance of policy unchanged at this meeting would be consistent with sustainable growth in the economy and achieving the inflation target over time.” 269 more words

FX Morning

Market Movers: Potensi Momentum Pada Rilis Kebijakan RBA dan Data AS

Monexnews – Australia akan mendominasi perhatian pasar pada sesi Asia sebelum rilis data sektor non-manufakturAS pada sesi New York. Kembalinya trader AS pasca libur Labor Day berpotensi memicu volatilitas perdagangan yang lebih besar. 181 more words


Easy Money: The Reserve Bank of Australia and the tremors in capital accumulation

On the 2nd of August the Reserve Bank of Australia (RBA) reduced the cash rate to the historic low of 1.5%. The actions of the central bank often seem either arcane or uninteresting to the vast majority of us – except perhaps for those playing the markets and various gold-bugs, currency cranks and other tin-foil hat aficionados. 6,583 more words