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Showing 21 - 30 of 47 results for "Gov Glen"

The fat lady in concert on Sunday

BENJAMIN ONG  |  FRIDAY, 3 JUL 2015
What would the fat lady sing on Sunday? Would it be a rendition of Andrea Bocelli's 'con me partiro' (time to say goodbye) quickly followed by Nina Gordon's 'the end of the world'? Or would weight-challenged crooner sing the Everly Brothers' 'I give ...

No downing the dollar-A

BENJAMIN ONG  |  THURSDAY, 14 MAY 2015
The portrait of Australian Federal Treasurer Joe Hockey's beaming self-congratulatory smile as he did the rounds of media interviews yesterday remains deeply stuck in my brain. Can't blame smokin' Joe, he might just get his autograph on a third Budget ...

Dear mom, all's good

BENJAMIN ONG  |  MONDAY, 11 MAY 2015
Happy Mother's Day! Mothers everywhere must still be bathing in the afterglow of the public (and private) displays of affection showered upon them over the one day of the year especially dedicated to mommies. Mama Mia! The sharp rebound in financial ...

RBA cuts as expected, A$ does the unexpected

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2015
Can't win 'em all. After getting wrong-footed three for three, expert guessers finally got their RBA rate cut calls correctly - the Australian central bank gave in and delivered a 25 basis point reduction, taking the official cash rate to a new record ...

Will nice numbers make RBA a bad guy?

BENJAMIN ONG  |  TUESDAY, 5 MAY 2015
With numbers like these, who needs a rate cut? Indications of an improving labour market and strong - very strong - housing approvals are the latest domestic economic stats the men and women of the Board of the Reserve Bank of Australia (RBA) would ...

A$ at 80c

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2015
All eyes, ears, and noses are on the Fed and how it crafts its forward guidance when its 2-day FOMC meeting concludes tomorrow. Yes, it's forward guidance for there is nothing in the stars pointing to a lift-off announcement when tomorrow comes. While ...

What might trigger a sell-off?

BENJAMIN ONG  |  TUESDAY, 21 APR 2015
Impressive! Nah Virginia, I refer not to the big bouncy bouncy Wall Street and European equity markets did last night - which almost instantaneously affirmed the rant I scribbled on this space yesterday that "the bad and the bad and the bad" that spooked ...

A fantabulous set of jobs numbers

BENJAMIN ONG  |  FRIDAY, 17 APR 2015
"Hooray! Hooray! It's A Holi-Holiday..." -Bonnie M. Hooray! Hooray! Hooray for the fantabulous Australian jobs report for March. It's a holi-holiday for the RBA in May. Well... maybe. 'twas a wonderful set of numbers. The Australian Bureau of Statistics ...

Now for Australia's debt surge

BENJAMIN ONG  |  THURSDAY, 16 APR 2015
Sufferin' succotash! Now we're really in trouble. Australians all, let's not rejoice for the bad news is piling up on us... one after the other. There's slowing China - GDP decelerated to 7.0% in the first quarter from 7.4% in 2014 - and is pushing ...

Strike three

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2015
It's a hat trick. It's three for three. Three times that the Reserve Bank of Australia (RBA) wrong-footed market expectations. Governor Glenn Stevens cut interest rates by 25 basis points to a record low 2.25% back in February when markets expected ...