Glenn Stevens

News and interviews on Glenn Stevens including trends, features, blogs and community conversations from an Australian business perspective.

Wednesday, 25 July 2012

RBA governor Glenn Stevens says economy on track – three reasons he wants us to be cheerful

It’s the second time in six weeks Reserve Bank governor Glenn Stevens has stood before the Australian public and told us to be more upbeat about the economy.
 

Wednesday, 13 June 2012

Pass it on: Big four banks fail to pass on full RBA rate cut to business

The Reserve Bank may have cut interest rates by 25 basis points to 3.25% last week, but only two of the big four banks passed the rate cut on in full to business.
 

Consumer confidence records slight increase in June: Midday roundup

Consumer confidence goes up slightly in June; Macquarie takes a bit of Echo; and Seek abandons its capital plans.
 

Tuesday, 12 June 2012

Beware the confidence trick

Global markets remain beset with fear, desperate for the next sugar hit of confidence. Your customers could be doing the same.
 

RBA won't create risky new housing boom: Glenn Stevens

Delivering a speech in Adelaide today called “The Glass Half Full”, Glenn Stevens said one thing Australia should not do is “try to engineer a return to the boom”.
 

Tuesday, 29 May 2012

RBA push for real-time payments to benefit businesses struggling with “dated” payment systems

The banks are under growing pressure to settle electronic money transfers more quickly, after the Reserve Bank said Australia's current system was not meeting consumers' expectations.
 

Monday, 28 May 2012

THE BIG PICTURE: Another rate cut likely, but the question is when?

Consumer confidence continues to languish, according to new consumer index ratings. But is there some bright news on the horizon?
 

Why the RBA's jaw-boning won't help housing supply: Joye

The RBA’s current jaw-boning is going to exacerbate the supply-side housing problems.
 

Friday, 13 April 2012

THE LIGHTER SIDE: Glenn Stevens vs. Paul Howes

After union boss Paul Howes launched a stinging attack on the RBA this week, it was only fitting that RBA governor Glenn Stevens should respond.
 

Friday, 26 August 2011

Households still cautious, says Glenn Stevens: Midday Roundup

Reserve Bank of Australia Governor Glenn Stevens has told the House of Representatives Standing Committee on Economics that households are still cautious and may be for some time.
 

Monday, 16 May 2011

THE BIG PICTURE: Cautious consumers create GST conundrum

When will the period of “consumer conservatism” come to an end? That is the 64 thousand dollar question.
 

Thursday, 07 April 2011

ACTU’s attack on contractors will have huge ramifications: Gottliebsen

Jeff Lawrence has confirmed contractors' worst fears – the unions will be putting more pressure than ever on Labor to implement a raft of devastating new industrial relations laws.
 

Monday, 07 March 2011

THE BIG PICTURE: Why the RBA is pleased with itself

The Reserve Bank Governor isn't one to gloat. But you can certainly sense from the latest interest rate decision that Glenn Stevens is pretty pleased with the state of the economy.
 

Friday, 04 February 2011

RBA upgrades 2011 GDP growth forecast to 4.25%: Economy Roundup

Myer is considering a bid on the Sass & Bide fashion label for a $70 million deal
 

Wednesday, 02 February 2011

Don’t expect this rates holiday to last forever: Bartholomeusz

While there is nothing in the RBA's announcement to suggest the bank is contemplating another rate rise anytime soon, it would be disturbing if we went through this half without another lift.
 

Tuesday, 01 February 2011

RBA keeps interest rate on hold at 4.75%

The RBA has decided to keep the official interest rate steady at 4.75% this month, with the floods in Queensland softening economic activity.
 

Tuesday, 25 January 2011

The RBA's rates riddle

Veteran entrepreneur Lou Coutts questions whether the RBA can really control the economy and inflation with interest rate rises.
 

Tuesday, 21 December 2010

The spend or save debate

Consumers are saving the most they ever have since 1987. But will it continue into 2011?
 

Tuesday, 07 December 2010

BREAKING NEWS: RBA keeps rates on hold at 4.75%

Governor Glenn Stevens says mortgage lending rates are now just above average given the banks’ decisions to raise interest rates above the cash rate.
 

Friday, 05 November 2010

A rocky road to recovery

Around the world traders are looking closely at Ben Bernanke's statements.
 
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