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Showing 31 - 40 of 47 results for "Gov Glen"

RBA rate cut: earlier and more

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2015
What a difference a week makes. Looks like it's gonna happen in May with a slight chance of April was what I typed on this space seven days ago. Yes Virginia, 'twas about the when the Reserve Bank of Australia (RBA) would next cut the official cash ...

Another cut's in the mail?

BENJAMIN ONG  |  TUESDAY, 24 MAR 2015
Disappointment over the Reserve Bank of Australia's (RBA) decision not to cut interest rates at its 3 March Board meeting reversed the Australian equity market's sharp uptrend that started in the middle of January. The All Ords dropped from a high of ...

Majority slammed (again), equities dunked, A$ fouled

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2015
... meeting, it was appropriate to hold interest rates steady for the time being". The official cash rate remains at 2.25%. Gov Glen cut when the majority expected him not to and he didn't when the majority expected him to but... don't we worry, it'll come. ...

Fight or be beggared by the neighbours

BENJAMIN ONG  |  MONDAY, 2 MAR 2015
Another rate cut is coming, another rate cut is coming. Bloomberg's survey shows (tada!) 18 out of 29 economists expect the Reserve Bank of Australia (RBA) to follow-up February's 25 bps reduction in the official cash rate to 2.25% with another 25 bps ...

Majority wrong

BENJAMIN ONG  |  WEDNESDAY, 4 FEB 2015
... obviously that will be on the table, and we will take a fresh look at all these things in the New Year". To be unfair to Gov Glen, it won't be helpful for confidence if the rate cut is interpreted as prompted by a gloomier outlook. But I'm done speculating ...

Taylor rules the RBA just right

BENJAMIN ONG  |  TUESDAY, 3 FEB 2015
Go ahead Glenn, make our day! That's Reserve Bank of Australia (RBA) Governor Glenn Stevens to us, thank you very much and the day... the day is the Australian central bank's first meeting for 2015. Despite "Roubini Global urges RBA to hold interest ...

Happy Australian dollar Day

BENJAMIN ONG  |  TUESDAY, 27 JAN 2015
Australians all, let us rejoice for exactly on the day we celebrated our national day, the A-dollar dropped to US$0.7855 - its lowest level since July 2009 - bringing it closer to the US$0.75 mark that would make RBA Governor Glenn Stevens a happy little ...

Australia according to Gov Glenn

BENJAMIN ONG  |  FRIDAY, 12 DEC 2014
Thank you Australian Financial Review (AFR) and RBA Governor Glenn Stevens for your early Christmas present - the gift of sharing. In what has now become a "tradition," we learned from the AFR Gov Glenn's thoughts on: The international economy: "The ...

Conditions and confidence collide

BENJAMIN ONG  |  WEDNESDAY, 12 NOV 2014
"Clearly the most surprising feature of the Survey was the sharp jump in business conditions in October (the largest monthly increase in the history of the survey)." This was the first sentence in the 'Key Points' of the NAB Monthly Business Survey ...

Rejoice for the A$ has fallen

BENJAMIN ONG  |  THURSDAY, 6 NOV 2014
"...I see your true colors Shining through." - Cyndi Lauper Has the A$ just revealed its true colour? It's a Democrat and an Obama groupie! The Australian dollar "plummeted" "nosedived" "plunged" "tumbled" "was smoked" following reports that the Republicans ...