RBA Ellis: Models Show Real Neutral Rate Just Under 1%

By Sophia Rodrigues

(Sydney, October 12, 2022)—Australia’s neutral real rate is just under 1 per cent, based on the average of the nine models used by the Reserve Bank, assistant governor Luci Ellis said Wednesday.

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RBA: Global Financial Stability Risks Could Magnify If High Infla...

-- Risks to global financial stability have increased over recent months
--Global financial stability would magnify if financial conditions tighten a lot
-- Australia entering challenging global environment in strong position
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Dep Gov Bullock: RBA Equity In Deep Negative But Doesn’t Make It...

--RBA’s Net Equity Positive A$12.4B As of June 2022
--RBA Not Seeking Equity Injection From Government
--RBA Won’t Pay Dividend To Govt Until Capital Position Turns Positive

By Sophia Rodrigues

(Sydney...

RBA To Consider Shorter-End Bond Buys If Need For Unconventional...

By Sophia Rodrigues

(Sydney, September 21, 2022)— If the Reserve Bank of Australia were to use unconventional monetary policy again in future, it would consider purchases at the shorter end of the...

RBA To Publish Liaison Summary From November SOMP

By Sophia Rodrigues

(Sydney, September 15, 2022)—The Reserve Bank of Australia will begin publishing summary of liaison messages in its quarterly Statement on Monetary Policy starting November 2022.

The move is another st...

RBA Lowe: How High, How Quickly Rates Need To Go Depends On Data,...

--How high interest rates need to and how quickly depends on data, outlook
--Conscious of lags in operation of monpol and that rates have increases very quickly
--All else equal, case of slower pace of rates rises gets stronger as le...