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Showing 1 - 10 of 47 results for "Gov Glen"

Chief economist update: Morrison, Frydenberg cannot have their surplus and eat it too

BENJAMIN ONG  |  THURSDAY, 26 SEP 2019
Recent headlines underscore what Financial Standard had been ranting about months before. Those rants include The general economic uncertainty wouldn't be sufficient to prod businesses and consumers to invest and spend, even if interest rates were ...

RBA envy

BENJAMIN ONG  |  MONDAY, 9 MAY 2016
It's May! Time to go away! Somehow I think the Australian equity market didn't get this memo. Like a thumb - not the sore one but the one in the OK sign - the All Ordinaries index stuck out with a 0.8% gain in the first week of May while most others ...

With pretty numbers like these, who needs a rate cut?

BENJAMIN ONG  |  FRIDAY, 4 MAR 2016
At the time of this writing, the A$ is fetching around US$0.7350 - after appreciating from US$0.7175 to US$0.7295 after the National Statistician released the Australian economy's scorecard that showed much higher growth than expected in the last quarter ...

ZIRP to bring back "animal spirits"?

BENJAMIN ONG  |  FRIDAY, 26 FEB 2016
Actual total private new capital expenditures may have surprised on the upside, rising by 0.8% in the three months ended December 2015 when they were expected to drop by 3.0% but... they're still not a pretty set of numbers. Uglier still, according ...

Strength in (A$) weakness

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2016
Strength in (A$) weakness I wouldn't be surprised if Reserve Bank of Australia (RBA) Governor had that all too familiar (former Federal Treasurer) Peter Costello's smirk on his face as he presided over the bank's first Board meeting this year. I might ...

RBA Gov on Fed lift-off

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2015
So here we are folks, just one more sleep and we're there! The much-speculated, much-debated, much-awaited lift-off is upon us. We're 100% sure it's happening but with only a day to go, most are still uncertain of its ramifications - immediate and longer ...

December moves

BENJAMIN ONG  |  FRIDAY, 27 NOV 2015
December is coming. December is coming. The month of December is only a few sleeps away and this December would be one of the most exciting months this year. It's as certain as sure that the Reserve Bank of Australia (RBA) would remain on hold. Gov ...

Chill

BENJAMIN ONG  |  THURSDAY, 26 NOV 2015
"Chill out!" Although it could also apply, Reserve Bank of Australia (RBA) chief Glenn Stevens wasn't advising Russian President Vladimir Putin against having Turkey for Thanksgiving in retaliation for Turkey's - the country - downing of a Russian warplane ...

Christmas in October

BENJAMIN ONG  |  MONDAY, 26 OCT 2015
"You better watch out You better not cry You better not pout I'm telling you why..." Central banks are coming to town - and they've loaded lots of toys and goodies on their sleigh. Back to back central bank stimulus measure surprises - promised and ...

Data doesn't justify "recession" headlines

BENJAMIN ONG  |  FRIDAY, 2 OCT 2015
Oh-em-gee! The R-word is back! I could almost hear my next door neighbour saying "I told you so" with the attendant knowing smirk and a wagging finger. Yes Virginia, a recession is again looming for Australia brought to us by the Sydney Morning Herald's ...
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