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Saturday, November 21, 2009 7:40 PM

Glenn Stevens

Type: Person

Name: Glenn Stevens

Title: Governor

Organization: Reserve Bank of Australia

Date of Birth: 23/01/1958

Nationality: Australia

Fact Sheet: Biography for Glenn Stevens

First Reported 11/19/2009 - Updated 11/19/2009 - 1 Documents

Consumers prefer cash as wages grow

Consumers continue to avoid racking up debt on credit cards - a habit learnt from the depths of the global financial crisis - preferring instead to use cash from their growing weekly wage packet.New data released on Thursday showed the annual average ... [The Age - 11/19/2009]

Entities: Craig James, Commonwealth Securities, Rob Henderson, NAB Capital

First Reported 11/16/2009 - Updated 11/16/2009 - 1 Documents

Dollar rises in subdued trade as investors await rates news

The Australian dollar was higher today but action during morning trade was subdued as investors awaited signs from the Reserve Bank of Australia about the future pace of interest rate rises.At midday, the Australian dollar was trading at 93.24 US cents, ... [The Age - 11/16/2009]

Entities: Dollar Stronger, Australian Dollar, Adam Carr

First Reported 11/16/2009 - Updated 11/16/2009 - 1 Documents

Dollar closes higher on Japanese data

THE dollar closed almost a US cent higher following volatile trading after the release of positive Japanese economic growth data.At 5pm (AEDT) the dollar was trading at $US0.9342-45, up from Friday's close of $US0.9256/59.During the domestic session, ... [Brisbane Courier-Mail - 11/16/2009]

Entities: Rate Hike, Gross Domestic Product, Glenn Stevens, Japan

First Reported 11/17/2009 - Updated 11/17/2009 - 1 Documents

MarketWatch Inc

Australia's RBA gives few clues to rate hike pace

HONG KONG (MarketWatch) -- Australia's central bank did little to dash expectations Tuesday that it could raise interest rates in the near future, after the minutes from its most recent policy-board meeting indicated it remained wary of risks associated ... [MarketWatch - 11/17/2009]

Entities: Rate Hike, Australia, Australian Dollar, MarketWatch Inc

First Reported 11/18/2009 - Updated 11/18/2009 - 1 Documents

Westpac Banking Corporation

Australia's Leading Index Surges In September

(RTTNews) - A leading index for the Australian economy surged in September, signaling brisk growth in the coming months, results of a survey showed on Wednesday.The Westpac-Melbourne Institute Leading Index rose 5.8% on an annualized basis in September, ... [RTTNews.com - 11/18/2009]

Entities: Bill Evans, Australia, Westpac Banking Corporation

First Reported 11/03/2009 - Updated 11/04/2009 - 39 Documents

Dollar opens lower: AUS

The Australian dollar opened lower on Wednesday after the widely expected interest rate rise failed to entice investors into the domestic currency.At 0700 AEDT, the Australian dollar was trading at $US0.9003/06, down from Tuesday's close of $US0.9031/34. ... [Food Week - 11/04/2009]

Entities: Alex Sinton, Australian Dollar, Glenn Stevens

First Reported 11/05/2009 - Updated 11/06/2009 - 11 Documents

Cause for optimism says RBA boss

At a speech in Melbourne last night, RBA governor Glenn Stevens emphasised the challenges that lay ahead for Australia and how we all must do our best to ensure that the “road to recovery will connect to the road to prosperity.” His speech, ‘The Road ... [Dynamic Business - 11/06/2009]

Entities: Australia, Business Cycle, Glenn Stevens, Melbourne

First Reported 11/03/2009 - Updated 11/03/2009 - 24 Documents

Australia raises interest rates for 2nd time

Australia's central bank raised its key interest rate Tuesday by a quarter percentage point for the second month in a row, declaring the global downturn over and warning that inflation was set to rise.The decision to hike rates was widely expected by ... [CBC - 11/03/2009]

Entities: Australia, Glenn Stevens, Inflation, Reserve Bank of Australia

First Reported 11/03/2009 - Updated 11/04/2009 - 3 Documents

RBA Puts a Stop to the Carry Trade

Retail banks pounce after RBA lifts interest rates to 3.5pc (The Australian)The mother of all carry trades faces an inevitable bust (Financial Times)Manufacturing output rises across the world (Financial Times)Quotableâ€œUBS just posted ugly results that ... [Global-View.com - 11/04/2009]

Entities: US Dollar, Australian Dollar, Forex, Glenn Stevens

First Reported 11/01/2009 - Updated 11/01/2009 - 3 Documents (in Market News)

Australian stocks eye rates decision

Market Data Fear of another harsh downturn has gripped Australian investors amid growing sentiment that the rally in global equity markets since March has been overcooked.The futures markets predicted the benchmark index of Australian shares, ... [stuff.co.nz - 11/01/2009]

Entities: Atul Lele, Glenn Stevens, Extent of Damage, Inflation

First Reported 10/28/2009 - Updated 10/28/2009 - 5 Documents (in Economy)

Low inflation may mean higher rates

Article from: The AustralianTHERE is no mystery about what the Reserve Bank of Australia is up to. With the local economy clearly recovering, our central bank has decided it is time to start moving official interest rates back to a more normal leve ... [The Australian - 10/28/2009]

Entities: Inflation, Glenn Stevens, Australian Dollar, Australia

First Reported 11/03/2009 - Updated 11/04/2009 - 3 Documents (in Market News)

Australia Hikes Rates to 3.5%

1:00AM New York, 6:00PM Sydney – Australia increased its key lending rate second time by 25 basis points in as many months as the Reserve Bank focuses its attention on inflation. Treasurer Wayne Swan comments suggested that rates may rise again next ... [123Jump - 11/04/2009]

Entities: Australia, Rate Hike, Glenn Stevens, Wayne Swan, ASX 200

Quotes

Commonwealth Securities chief economist Craig James said these changing wage profiles bear out what the RBA Governor Glenn Stevens has been saying - "that chinese industrialisation will lead to major shifts in our economy"

Consumers prefer cash as wages grow [The Age - 11/19/2009]

...On Thursday, Stevens told the Melbourne Institute-Australian conference: "the task before us is to manage a new expansion." He forecast a minerals boom lasting for decades, and warned of ''significant implications'' for the economy

Colebatch: Don’t let the mining boom blow up in our face [Crikey Media - 11/11/2009]

More Content

sort by: Date \| Relevance
The G20: Problem Solvers or Problem Creators? [SFO - 11/20/2009]
China Locked In To Stimulus Despite Growth [Egoli - 11/20/2009]
Consumers prefer cash as wages grow [The Age - 11/19/2009]
Australia's Leading Index Surges In September [RTTNews.com - 11/18/2009]
Slight Improvement PredictedLocal markets are e... [Huntleys Newsletter - 11/18/2009]
US Dollar Recovers from 15 Month Lows as Risk A... [Daily FX - 11/18/2009]
Australia's RBA gives few clues to rate hike pace [MarketWatch - 11/17/2009]
11:45amRBA unsure on pace of rate rises [The Australian - 11/17/2009]
Dollar closes higher on Japanese data [Brisbane Courier-Mail - 11/16/2009]
We can't afford to be a mini-me [stuff.co.nz - 11/16/2009]
Dollar rises in subdued trade as investors awai... [The Age - 11/16/2009]
It's Rudd's weakness that matters [The Australian - 11/13/2009]
Australian employment surges 24,500; currency r... [Business Mirror - 11/13/2009]
MORE HOUSES,NOT TAXES [The Australian - 11/11/2009]
LOOT OF THE BOOM TOSMOOTH BUSINESS CYCLE [The Australian - 11/11/2009]
Our banks got lots of help [The Australian - 11/11/2009]
Recovering Australia raises rates [CNN - 11/11/2009]
Colebatch: Don’t let the mining boom blow up in... [Crikey Media - 11/11/2009]
1:12PM Buoyant business fuels Xmas rate risk [The Australian - 11/10/2009]
Australia plays right as $US falls [The Australian - 11/10/2009]
Minister for Housing and Minister for the Statu... [Australian Government - 11/10/2009]
As immigration loses its appeal, we must train ... [WA Today.com.au - 11/09/2009]
As immigration loses its appeal, we must train ... [The Age - 11/09/2009]
'Certainty' comes at high price [Herald Sun - 11/09/2009]
It's time for a big u-turn [Individual.com - 11/08/2009]
The Good, Bad and the Ugly: Australian, U.S. an... [Seeking Alpha - 11/08/2009]
Fix the BOJ! [Jamaica Gleaner - 11/08/2009]
Queue joining or jumping depends on if there is... [Sydney Morning Herald - 11/07/2009]
Population growth: New boom 'could last for years' [Daily Telegraph Australia - 11/07/2009]
Treasury pulse [thestar.com.my - 11/07/2009]

Blogs

sort by: Date \| Relevance
Stuck in slow lane on road to riches [Current Account - 11/09/2009] AFTER throwing so much at avoiding recession, Australia needs a new political consensus in support of economic growth. Australians want prosperity but they may resist ...
RBA to pause until New Year [Current Account - 11/04/2009] AFTER lifting its official cash rate by 25 basis points for two months in a row to 3.50 per cent, the central bank could well take a breather until the New Year. The ...
Norwegian Wood [A Fistful Of Euros » A Fistful Of Euros - 11/03/2009] Well, if John Lennon had still been around today he would undoubtedly have entitled his song Norwegian oil, but whatever way you want to put it Norway is back in ...
Swan remains a pessimist [Current Account - 11/03/2009] AUSTRALIA is leading the Group of 20 nations in lifting interest rates because the Reserve Bank is more optimistic on the economy than Wayne Swan and his Treasury ...
Australia Hikes Interest Rates Yet Again [Clusterstock - 11/03/2009] Look around: Israel, Norway, Australia... the punch bowl is slowly being drained. In Australia's case, they've now hiked twice. As such, the Australian Dollar has ...

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Glenn Stevens