3 hrs ago
Australian Regulators Watch as Debt Drives Up Prices: Mortgages
Central banks from Scandinavia to the U.K. to New Zealand are sounding the alarm about soaring mortgage debt and trying to curb risky lending.
7 hrs ago
KOTA-TV Rapid City
Lawmakers push to roll back futures regulations
David Fiebiger watched the collapse of trading company MF Global, but didn't think the misdeeds of a big firm would have much effect on him or his Finley, North Dakota-based operation.
Tue Jul 22, 2014
Australia close to currency clearing deal with China -RBA's Lowe
Australia is close to signing a deal with China that would allow the establishment of an official clearing bank for the renminbi, a step towards the more open flow of money and investment into and out of the Asian giant.
need2know: Wall St boosted
BHP Billiton's Nickel West assets have lured a host of international suitors but the field lacks an obvious front-runner, according to the Street Talk column in the Australian Financial Review.
Finextra Research news
Allston adds former CFTC commissioner Jill Sommers to board
Chicago-based Allston Holdings LLC, parent of one of the nation's leading proprietary electronic trading firms, today announced the appointment of Jill E. Sommers, former Commissioner of the Commodity Futures Trading Commission , to its Board of Managers.
Mon Jul 21, 2014
Sydney Morning Herald
need2know: Weak lead from Wall St
Local shares are poised to open slightly lower on a weak lead from Wall Street as geopolitical risk weighs on investment sentiment.
Thu Jul 17, 2014
$A is higher, trading in narrow range
At 1700 AEST on Thursday, the local currency was trading at 93.71 US cents, up from 93.42 cents on Wednesday.
Tue Jul 15, 2014
Forex - Australian dollar weaker despite better than expected China GDP
Investing.com - The Australian dollar held slightly weaker even after second quarter GDP data on Wednesday from top trading partner China was better than expected China said second quarter GDP rose 7.5%, beating expectations of a 7.4% gain, Industrial output rose 8.8%, while first half retail sales rose 12.1% and fixed-asset investment increased ... (more)
RBA Sticks With Stable Rate Outlook as Economy Transitions
Australia 's central bank reiterated it expects a period of stable interest rates as the government cuts spending and the economy transitions from mining-investment led growth.
Asian shares gain on upbeat overnight sentiment from Wall St
The Nikkei 225 rose 0.8%. Elsewhere in Asia, South Korea''s KOSPI gained 0.8% and Australia''s S&P/ASX 200 was up less than 0.1% after July board meeting minutes from the Reserve Bank of Australia highlighted the strong currency''s drag on the economy.
Wall Street Journal
Aussie Dollar Is Overvalued, Says RBA's Edwards
The Australian dollar is overvalued, and any relief for the nation's exporters may have to wait until the U.S. begins raising interest rates, an economic policy maker said Tuesday.
Mon Jul 14, 2014
Aust dollar below US 94c on RBA stance
The Australian dollar is trading just below 94 US cents after the Reserve Bank of Australia maintained its monetary policy stance.
Revealed: You're now better off to RENT than to BUY in Australia
Researchers compared cost of renting with cost of owning, taking into account the purchase price, interest rates, repairs and council rates It is cheaper to rent than it is to buy the home you live in, new research from the Reserve Bank of Australia suggests.
The New Zealand Herald
NZ dollar trades near 88 US cents
The New Zealand dollar was little changed before testimony from Federal Reserve chair Janet Yellen that may provide clues to the timing of interest rate rises in the world's biggest economy and ahead of the release of minutes of the last Reserve Bank of Australia meeting.
Northern Territory News
Rage against the machine fees
PRESSURE is building on the Reserve Bank of Australia to take its own advice and make ATM operators warn consumers of rising fees before a transaction begins.
Housing not overvalued: RBA paper
IT'S not only the question on everyone's lips, but it's also the title of a research discussion paper published by the Reserve Bank of Australia on Monday.
Sun Jul 13, 2014
The RBA says you're probably better off renting
The conventional wisdom that has underpinned the Australian dream of home-ownership could be flawed, according to a research paper published by the Reserve Bank of Australia which seeks to answer the age old question: is it cheaper to own or to rent? The RBA's conclusion is that house prices would have to continue to rise at the same rate as they ... (more)
Sat Jul 12, 2014
Australia's central bank governor urges...
Australia's central bank governor Glenn Stevens Saturday urged politicians to work together to address the growing gap between fiscal spending and revenue, as the government battles to push through massive budget cuts.
Fri Jul 11, 2014
RBA Governors Warning Proves The Need For Alternative Ways To Buy Property, Says Rick Otton
Glenn Stevens, Governor of the Reserve Bank of Australia, aired his concern over the high rate of borrowing when purchasing Sydney real estate saying that buyers should be more cautious when taking out home loans, since house prices dont always go up even when people want them to, watoday.com.au reported on 3 July 2014.
Wed Jul 09, 2014
PwC must face $1 billion lawsuit over MF Global collapse
A federal judge on Wednesday rejected PricewaterhouseCoopers' request to dismiss a $1 billion lawsuit accusing the auditor of providing bad accounting advice that contributed to the October 2011 collapse of MF Global Holdings Ltd, a brokerage run by former New Jersey Governor Jon Corzine.