Tweet
RESERVE Bank of Australia (RBA) assistant governor Malcolm Edey has restated the economic assessment presented in the central bank's quarterly monetary policy statement last week.
More...
More...
Loading...
-
Tags: assessment, bank, business, challenges, conditions, document, economic, economy, flags, global, government, guardian, interest, money, northern rock, ock, rates, wages -
RBA flags strong wage growth
THE labour market remains strong and there are signs of higher wages growth, keeping inflation as one of the central bank's key challenges, Reserve Bank of Australia (RBA) Assistant Governor Malcolm Edey says.
More... -
New chief did not take any banking exams
Ron Sandler, the man chosen by the Government to run Northern Rock, does not have any formal banking qualifications.
More...Comment
-
Unions and rivals fear worst as pursuit of savers begins
Banking industry concerned newly nationalised Northern Rock now has unfair advantage
More...Comment
-
Thousands of jobs to go at Northern Rock
Darling to tough out opposition from shareholders, unions, banks and EU
More...Comment
-
Market rallies on RBA comments
THE stock market rallied this morning after the Reserve Bank of Australia said the local economy remained robust in the face of deteriorating global conditions.
More...Comment
-
RBA wanted larger rate hike
THE Reserve Bank of Australia (RBA) had considered raising interest rates by a bigger margin earlier this month but took sympathy on borrowers smacked by repeated rate rises, document from the central bank revealed today.
More...Comment
Comment