Money and Monetary Policy

• RBA boss sets agenda by airing Australia's economic dirty laundry Analysis

  By business reporter Carrington Clarke

  Posted February 23, 2017 19:19:47 | Updated February 23, 2017 19:24:16

  When politicians push Reserve Bank governor Philip Lowe on why he doesn't cut interest rates further if the economy needs it, he can rightly tell them, "because of you", writes Carrington Clarke.

  Topics: business-economics-and-finance, money-and-monetary-policy, australia

• Wall St wobbles after Federal Reserve minutes hint at rate rise

  By finance reporter Rebecca Hyam and Lucia Stein

  Posted February 23, 2017 08:33:43

  The minutes from the Federal Reserve's latest policy meeting suggest another interest rate rise will be coming soon, curbing gains on Wall Street.

  Topics: stockmarket, currency, markets, futures, money-and-monetary-policy, united-states, united-kingdom, european-union, australia

• High debts, house prices mean no more rate cuts likely: Reserve Bank

  By senior business correspondent Peter Ryan and Michael Janda

  Posted February 22, 2017 08:35:32 | Updated February 22, 2017 14:35:37

  Fears of inflating housing bubbles in Sydney and Melbourne are stopping the Reserve Bank from cutting interest rates to boost the economy, the central bank governor conceded today.

  Topics: money-and-monetary-policy, economic-trends, australia

• What do you think of the new $10 note?

  Posted February 17, 2017 10:21:57 | Updated February 17, 2017 10:50:08

  A new $10 note design is unveiled by the Reserve Bank of Australia, featuring similar characteristics to the $5 note released in September.

  Topics: money-and-monetary-policy, human-interest, australia

• Wall St jumps on tax cut promise, despite looming rate rise

  By finance reporter Rebecca Hyam

  Posted February 16, 2017 08:41:20

  Strong economic data and more talk of tax cuts by the US President sent Wall Street higher overnight, despite the increasing likelihood of a March rate rise.

  Topics: stockmarket, currency, futures, markets, money-and-monetary-policy, economic-trends, united-states, united-kingdom, australia, european-union

• Are Australian households on the edge of a debt crisis? Analysis

  By David Taylor

  Posted February 15, 2017 06:41:49 | Updated February 16, 2017 09:06:45

  Financial distress is affecting a huge number of Australians and the slightest wind could spell catastrophe for households, David Taylor writes.

  Topics: business-economics-and-finance, government-and-politics, money-and-monetary-policy, australia

• Jump in commodity prices may not save Australia's credit rating Analysis

  By business reporter Andrew Robertson

  Posted February 14, 2017 17:47:17

  Treasurer Scott Morrison is trying to save Australia's prized AAA credit rating, burdened by a $37 billion budget deficit, but one ratings agency is likely to deliver on its threat to cut our credit rating, writes Andrew Robertson.

  Topics: business-economics-and-finance, money-and-monetary-policy, government-and-politics, federal-government, budget, iron-ore, coal, australia

• IMF says Australia faces 'significant risks' from housing market, China slowdown

  By business reporter Thuy Ong

  Posted February 10, 2017 14:12:14

  The International Monetary Fund says Australia still faces "significant risks and uncertainties" and warns about the country's housing market and a slowdown in Australia's main trading partners, including China.

  Topics: economic-trends, money-and-monetary-policy, trade, australia

• Recession unlikely, interest rates set to remain steady: RBA

  By business reporter Michael Janda

  Posted February 10, 2017 12:23:32

  It is highly unlikely that Australia's economy entered a recession over the second half of last year, the Reserve Bank concludes in its latest economic update.

  Topics: money-and-monetary-policy, economic-trends, business-economics-and-finance, australia

• Reserve Bank warns Australia needs to remain competitive

  AM

  By senior business correspondent Peter Ryan

  Posted February 10, 2017 09:12:33 | Updated February 10, 2017 14:05:30

  The governor of the Reserve Bank backs the Government's campaign to lower the corporate tax rate, warning Australia needs to remain internationally competitive.

  Topics: business-economics-and-finance, company-news, economic-trends, banking, money-and-monetary-policy, multinationals, regulation, australia

• 'Big tax on the bush' claim as WA Government scraps fleet discounts for councils

  ABC Great Southern

  By Gian De Poloni

  Posted February 09, 2017 12:46:18 | Updated February 09, 2017 12:58:08

  Opposition builds over planned changes to discounted registration costs for council fleet vehicles.

  Topics: government-and-politics, money-and-monetary-policy, business-economics-and-finance, elections, albany-6330

• Australia faces higher interest rates, stronger dollar: Ex-RBA official

  The Business presenter Elysse Morgan

  Posted February 08, 2017 15:25:16

  Australia faces higher interest rates and a stronger dollar in 2017 as US inflation gathers momentum, says former Reserve Bank board member Professor Warwick McKibbin.

  Topics: economic-trends, money-and-monetary-policy, currency, markets, united-states, australia

• Increase in bad mortgages, less risky new lending hits Genworth

  By business reporter Thuy Ong

  Posted February 08, 2017 14:32:22

  Mortgage insurer Genworth suffers a steep sell-off as increased bad debts on WA and Queensland home loans combine with a decline in riskier new home lending to hit profits.

  Topics: housing-industry, economic-trends, company-news, stockmarket, money-and-monetary-policy, australia, wa, qld

• Wall St edges back from records on oil price slide

  By finance reporter Rebecca Hyam

  Posted February 08, 2017 08:52:04

  Both the Dow Jones Industrial Average and Nasdaq touch fresh records early in the overnight trading session, but the milestones are short-lived, with oil prices curbing the markets' advance.

  Topics: stockmarket, currency, futures, markets, money-and-monetary-policy, united-states, united-kingdom, australia, european-union

• The Reserve Bank has left interest rates on hold since cutting them in August. Video

  Video
  ABC News

  5min 26sec

  Posted February 07, 2017 19:41:20

  The Reserve Bank has left official interest rates on hold at 1.5 per cent for the sixth straight month.

  Topics: business-economics-and-finance, money-and-monetary-policy, business-economics-and-finance, economic-trends, australia

• Reserve Bank leaves interest rates on hold

  By business reporter Michael Janda

  Posted February 07, 2017 14:30:08 | Updated February 07, 2017 19:41:20

  The Reserve Bank leaves official interest rates on hold at 1.5 per cent for the sixth straight month.

  Topics: money-and-monetary-policy, economic-trends, australia

• US shares limp to modest fall

  By finance reporter Rebecca Hyam

  Posted February 07, 2017 08:47:37

  Markets in the United States limped to a weak finish overnight, with analysts suggesting investors are becoming increasingly anxious about US President Donald Trump's isolationist policies.

  Topics: stockmarket, currency, futures, markets, money-and-monetary-policy, united-states, european-union, australia, united-kingdom

• US tech stocks rebound on Apple iPhone sales

  By finance reporter Rebecca Hyam

  Posted February 02, 2017 08:54:59

  Technology stocks surge on strong Apple iPhone sales, while the US Federal Reserve leaves interest rates on hold as expected.

  Topics: stockmarket, money-and-monetary-policy, currency, futures, markets, united-states, united-kingdom, australia, european-union

• Housing affordability set to worsen, despite slower price growth: CBA

  By business reporter Michael Janda

  Posted February 01, 2017 10:00:14 | Updated February 02, 2017 08:20:54

  If you thought it was hard to get into the housing market, it may yet get worse unless tax policies are changed to reduce investor demand. That's the warning of economists at Australia's biggest mortgage lender.

  Topics: housing-industry, economic-trends, banking, money-and-monetary-policy, australia

• Business slide arrested, but weakness remains, says NAB

  By business reporter Stephen Letts

  Posted January 31, 2017 12:04:33

  The worrying slide in Australian business conditions is curbed, but the respite may be temporary according to NAB's latest survey.

  Topics: economic-trends, business-economics-and-finance, money-and-monetary-policy, australia

• Inflation figures give Reserve Bank scope to keep interest rates low

  By business reporter Michael Janda

  Posted January 25, 2017 11:38:26 | Updated January 25, 2017 12:58:26

  A slightly lower-than-expected inflation figure gives the Reserve Bank scope to keep interest rates lower for longer.

  Topics: economic-trends, money-and-monetary-policy, retail, australia

• S&P 500, Nasdaq set records on banking, tech stocks

  By business reporter Sue Lannin

  Posted January 25, 2017 09:05:45

  Wall Street sees its best day this year as US investors shrug off the uncertainty over President Donald Trump and focus instead on company profit results.

  Topics: business-economics-and-finance, company-news, economic-trends, banking, markets, currency, futures, stockmarket, money-and-monetary-policy, united-states, united-kingdom, european-union, australia

• Yellen trumps Trump, pushes dollar higher with rate rise comments

  By business reporter Michael Janda

  Posted January 19, 2017 09:29:10 | Updated January 19, 2017 09:38:44

  Federal Reserve chair Janet Yellen boosts the US dollar with hints of multiple interest rate rises, just days after President-elect Donald Trump talked the greenback down.

  Topics: currency, money-and-monetary-policy, stockmarket, futures, markets, united-states, united-kingdom, australia, european-union

• History may reveal silver lining to Obama's clouded economic legacy Analysis

  By finance correspondent Phillip Lasker

  Posted January 18, 2017 15:04:34

  While the recovery took longer than many hoped or expected, Barack Obama is leaving the US economy in much better shape than he found it eight years ago.

  Topics: economic-trends, money-and-monetary-policy, us-elections, world-politics, government-and-politics, united-states

• Property investors lead home loan surge

  By business reporter Michael Janda

  Posted January 17, 2017 14:44:23

  Housing investors lead a strong jump in mortgage lending in November, adding credence to other signs of a bounce in the Australian housing market.

  Topics: economic-trends, housing-industry, banking, money-and-monetary-policy, australia

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