RESERVE-BANK-OF-AUSTRALIA

RBA Dep Gov Debelle Says Forward Guidance Is State-Based, Not Cal...

Key Points from RBA Deputy Governor Guy Debelle’s Speech Thursday:
--State of Economy Key Determinant of policy settings, not calendar
--RBA has provided timeframe for rate hike that fits description of state of economy
...

RESERVE-BANK-OF-AUSTRALIA, 06 May 2021, 07:02 PM
RBA To Maintain Highly Supportive Monetary Conditions Until Goals...

By Sophia Rodrigues

From the minutes of the RBA’s April board meeting:

--Would Maintain “Highly Supportive” Monetary Conditions Until Goals Achieved
--Prepared To Do Bond-Buys Beyond A$200B If Assist Pr...

RESERVE-BANK-OF-AUSTRALIA, 20 Apr 2021, 11:33 AM
RBA: Rising Housing Prices Reduced Near-Term Risks To Household B...

By Sophia Rodrigues

(Sydney, April 9, 2021) -- Rising housing prices have reduced near-term risks to household balance sheets, and further rise could affect housing affordability only if household income growth slows, the Reserve Bank of...

RESERVE-BANK-OF-AUSTRALIA, 09 Apr 2021, 11:53 AM
RBA Kent: Business Failures to Rise as Pandemic Support Phases Ou...

--But Risk Of Small Business Defaults Relative to Large Ones Little-changed in 2020

By Sophia Rodrigues

(Sydney, March 17, 2021) -- Business failures are expected to rise as some of the pandemic support measures are phased out...

RESERVE-BANK-OF-AUSTRALIA, 17 Mar 2021, 10:30 AM
RBA Minutes: Won’t Remove 3-Yr Target Completely or Increase from...

--Won’t remove 3-Yr target completely or change target yield of 10bps
--Would consider later in the year if to maintain April 2024 or shift focus to Nov 2024
--If April 2024 maintained, maturity of target would gradually declin...

RESERVE-BANK-OF-AUSTRALIA, 16 Mar 2021, 11:34 AM
RBA Gov Lowe: Committed To 3-Yr Yld Target; Cash Rate Very Likely...

From Governor Philip Lowe’s speech Wednesday:
--Remains committed to 0.1% three-year yield target
--Not considering removing 3-yr target or changing from 10bps
--Discussed whether to keep April 2024 target or move to Nov...

RESERVE-BANK-OF-AUSTRALIA, 10 Mar 2021, 09:04 AM