Today’s retirees ‘much worse off’
People retiring now have got it much tougher than a decade ago and will need to take more risks, warns the RBA chief.
People retiring now have got it much tougher than a decade ago and will need to take more risks, warns the RBA chief.
The dollar approached its highest level in a month today, supported by gains in key commodity prices and broad US dollar weakness.
Comments by RBA governor Glenn Stevens triggered heavy selling of the Aussie after he indicated further rate cuts were possible.
The Australian dollar traded around its highest levels in a month today, supported by news of more stimulus for China’s economy.
The Australian dollar rose to its highest levels since the end of March today after data showed a surprisingly strong jump in employment.
The Australian dollar came under renewed pressure in Asia today on news of weak economic growth in China and a slump in consumer sentiment in April. .
The Australian dollar was savaged in Asia today on the back of weak China trade data for March.
THE RBA could continue to cut record-low interest rates to aid the transition from mining.
THE RBA continues to warn that the Aussie dollar remains over valued despite the currency dropping today to its lowest levels since the GFC.
AGGRESSIVE monetary easings and currency devaluations by the world’s central banks are having a big impact on the setting of local interest rates.
Original URL: https://www.theaustralian.com.au/author/james-glynn/page/34