The Reserve Bank of Australia may resume lifting the developed world’s highest borrowing costs in July or August to counter inflation fueled by the biggest surge in demand since 2009, rates in money markets show.
BusinessWeek.com — Finance
Australian consumers have become “a lot more conservative” since the global financial crisis, a shift that may ease the central bank’s job of cooling inflation, Reserve Bank of Australia board member Roger Corbett said.
BusinessWeek.com — Finance
Australian consumers have become “a lot more conservative” since the global financial crisis, a shift that may ease the central bank’s job of cooling inflation, Reserve Bank of Australia board member Roger Corbett said.
BusinessWeek.com — Finance
The worst flooding in half a century in Australia’s northern state of Queensland may have a “significant impact” on the nation’s economy as exports are interrupted, said central bank board member Donald McGauchie.
BusinessWeek.com — Finance
The worst flooding in half a century in Australia’s northern state of Queensland may have a “significant impact” on the nation’s economy as exports are interrupted, said central bank board member Donald McGauchie.
BusinessWeek.com — Finance
Australia’s mortgage rates are at appropriate levels for the economy and access to home loans is “adequate,” Reserve Bank of Australia Governor Glenn Stevens said in testimony to a Senate inquiry into bank competition.
BusinessWeek.com — Finance
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