RBA to retirees: think of the greater good
RBA governor Philip Lowe says he understands the pain of retirees living off saving.
RBA
RBA lays ground for Cup Day rate cut, QE program
RBA’s Philip Lowe says cutting rates to 0.1pc as the economy opens back up would ‘get more traction’ than earlier in the year.
Tax ‘snow job’ needs overdue fix
Treasurer Josh Frydenberg has discovered the truth about a deeply flawed system and is looking to overhaul it.
RBA stays out of budget limelight
The RBA has left the federal budget limelight to Treasurer Josh Frydenberg, opting to hold interest rates steady at its October meeting.
Big 4 mortgages could drop under 2%
Big four bank mortgages could go below 2 per cent if the RBA cuts the cash rate on Tuesday, RateCity says.
Why RBA shouldn’t fund government spending
Cutting middle class taxes in a recession while the deficit’s blowing out due to support measures is useless and perverse.
RBA doubles banks’ lifeline
Keeping rates on hold, the RBA also more than doubled its lending lifeline for banks to accommodate an expected surge in demand for cheap funding.
RBA open to more stimulus as outlook darkens
The RBA is leaning towards more monetary stimulus as it acknowledges that Victoria’s outbreak is “having a major impact” on the national economy.
Gloomy outlook in RBA scenario
The economy stands to lose more from further outbreaks than it stands to gain from a successful suppression, the RBA says.
Reserve Bank restarts QE
At its August meeting, the Reserve Bank board held rates steady and committed to driving the three-year yield back towards its 0.25 per cent target.
Cheapest money ever for banks: RBA
The RBA acted swiftly to ensure the functioning of the financial system in the early stages of the health crisis, Reserve Bank assistant governor Chris Kent says.
Get a better deal, urges RBA’s Lowe
RBA chief says the record-breaking rush to refinance mortgages is a pleasing side effect to the pandemic, urging more people to look for a better deal.
‘Very difficult trade-offs’ in taking alternative route: RBA
Policies like negative interest rates and direct government financing can have tough trade offs and there are ‘legitimate questions about their effectiveness’, the RBA says.
Get ready for the long game, warns Lowe
As Victoria readied moved back to stage 3 lockdowns, the RBA was warning the economy will need government crutches for the foreseeable future.
Back to the drawing board
Within an hour of being released, the RBA’s July statement was badly out of date. But it was also spot on.
RBA says worst passing as rates held
RBA governor Philip Lowe declared the ‘worst of the global contraction has now passed’ as the bank held rates steady for the fourth month in row.
Property rethink with high demand for limited stock
Analysts retreat from glum housing forecasts after stimulus and house price data.
Depth of downturn ‘less than expected’
The Reserve Bank has held out hope the economic downturn might not be as severe as feared.
RBA keeps it steady
The Reserve Bank has left its cash rate and other policy tools unchanged after its June board meeting.
Budget deficit blows out to $40bn
Latest figures reveal the additional cost of programs such as the $750 one-off welfare payment to households.
Original URL: https://www.theaustralian.com.au/topics/rba/page/4