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Reserve Bank of Australia News

News on Reserve Bank of Australia (Ticker: MFGLQ) continually updated from thousands of sources around the net.

Wednesday | NBR Newsroom

Dollar climbs to 2-week high vs. A$ as Australian inflation misses forecast, RBNZ looms

The New Zealand dollar rose to a two-week high against its trans-Tasman counterpart after Australian inflation came in below expectations, leaving the Reserve Bank of Australia with room to keep interest rates on hold, while the local central bank prepares to hike rates tomorrow.

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Related Topix: Financial Services, Banking

Tue Apr 22, 2014

Investopedia

Bullish AUD/USD Momentum Wanes Ahead of 1Q CPI- Lower High in Place?

A further pick up in Australia's Consumer Price Index may foster a near-term rally in the AUD/USD as it puts increased pressure on the Reserve Bank of Australia to normalize monetary sooner rather than later.

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Related Topix: Financial Services, Banking

Mon Apr 21, 2014

The Age

Government's frustration on RBA stance 'risks central bank's independence'

The Abbott government risks undermining the integrity of the Reserve Bank of Australia in conveying its frustration with the RBA's shift to a neutral policy stance that has fuelled a higher value Australian dollar and made charting a course for fiscal policy more difficult.

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Related Topix: Financial Services, Banking

Thu Apr 17, 2014

The Jersey Journal

Judge dismisses some claims against former MF Global chairman Jon Corzine, directors

MF Global Holdings' independent directors won dismissal of some claims, including fraud and violations of New York business law, in a lawsuit brought by a customer of the defunct brokerage company.

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Related Topix: Banking, Financial Services, US Politics, Jon Corzine, US News, US Senate, Democrat, US Governors

Tue Apr 15, 2014

Jerusalem Post

Forex - AUD eases after RBA April board minutes released

Investing.com - THe Australian dollar eased after the release of Reserve Bank of Australia board meeting minutes for April on Tuesday that signalled appropriate monetary policy settings for current economic conditions and a slightly upgraded view of the jobs market.

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Related Topix: Financial Services, Banking, Financial Markets

Bloomberg

RBA Repeats Steady Cash Rate Likely as Domestic Demand Boosted

Australia 's central bank reiterated the most prudent course is likely to be a period of steady interest rates as it noted low borrowing costs are helping boost domestic growth.

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Related Topix: Financial Services, Banking

The Age

RBA outlook boosts local shares

Stocks rallied on signs the world's biggest economy is growing and confirmation from the Reserve Bank of Australia that interest rates are set to remain steady.

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Related Topix: Financial Markets, Banking, Financial Services

Mon Apr 14, 2014

Reuters

Australia bond market to take business from banks-RBA

Australia's bond market is likely to take more lending business away from banks as tighter banking regulations make market-based finance relatively cheaper, a top central banker said on Tuesday.

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Related Topix: Banking, Financial Services, Financial Markets

Sydney Morning Herald

need2know: Positive lead from Wall St

Australia: Reserve Bank of Australia board minutes; speech by RBA assistant governor Guy Debelle on the Australian bond market to The Economic Society of Australia luncheon in Canberra.

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Related Topix: Financial Services, Banking

Sun Apr 13, 2014

NEWS.com.au

Why your money is wasted in cash

ONE in three Australian women doesn't have a single cent in superannuation, leaving themselves with nothing to retire on.

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Related Topix: Financial Services, Banking

Sat Apr 12, 2014

Greenwich Citizen

Finance officials confident of global growth

From left, Turkish Bank Gov. Erdem Basci, Australian Treasurer Joe Hockey, and Reserve Bank of Australia Gov. Glenn Stevens sit during the G-20 finance ministers and central bank governors group photo on the sidelines of their meeting at World Bank Group-International Monetary Fund Spring Meetings in Washington, Friday, April 11, 2014.

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Related Topix: Financial Services, Banking

Wed Apr 09, 2014

The New Zealand Herald

Inside Money: Why technology hasn't made finance cheaper yet

With over 200 submissions already to sift through, the Australian Financial Services Inquiry panel members have a few months of heavy reading ahead of them.

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Related Topix: Financial Services, Banking, Macquarie Bank

Tue Apr 08, 2014

Sydney Morning Herald

Next target US95A as dollar extends rally

The Australian dollar has extended gains against its US counterpart and has raised bets that it will climb above US95 in the coming weeks as data supports the view that the domestic economy is rebalancing away from non-mining sector led growth under the help of record low interest rates.

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Related Topix: Automakers, Brilliance China Automotive Holdings, Banking, Financial Services, Commonwealth Bank of Australia, National Australia Bank, Financial Markets

Mon Apr 07, 2014

West Australian

Jobless rate tipped to hit 6.1%

The unemployment rate is expected to have hit a near 11 year high in March, but there are signs the employment market is starting to improve.

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Related Topix: Banking, Financial Services

Agri Marketing

MF Global To Make Final Restitution Payments

MF GLOBAL TO MAKE FINAL RESTITUTION PAYMENTS Apr. 7, 2014 Agri-Pulse reports: The trustee for MF Global announced that the company will begin making final distributions to its customers to restore lost funds of over $1 billion sustained by customers of MF Global when the company failed in 2011, according to the Commodity Futures Trading Commission ... (more)

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Related Topix: Financial Services, Banking, Corporate / Securities Law, Law

Thu Apr 03, 2014

KTVN Reno

Trustee: MF Global customers to be fully paid back

Some of the most iconic artifacts of aviation and space history are getting an updated display for the 21st century, with the Apollo moon landing as the centerpiece.

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Related Topix: Banking, Financial Services, Fort Hood, TX, Life, Veteran Affairs

WNYC-AM New York

MF Global Clients Get Their Money Back

Almost two and a half years after they learned their brokerage accounts had been emptied, customers of a defunct financial services firm are recouping all the money they are owed.

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Related Topix: Banking, Financial Services, US Politics, Jon Corzine, US News, US Senate, Democrat, US Governors

Reuters

MF Global customers to recoup $6.7 billion as final payout starts

Former customers of MF Global Holdings Ltd's bankrupt brokerage will recoup all $6.7 billion they are owed following the completion of a payout that will begin on Friday, its trustee said.

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Related Topix: Banking, Financial Services, Economics News, Bankruptcy, US News, US Senate, Democrat, US Politics, Jon Corzine, US Governors, Goldman Sachs, Investment Services, Cohen Group, Consulting

ABC News

Trustee: MF Global Customers to Be Fully Paid Back

The trustee overseeing the bankruptcy of MF Global says its customers are going to get paid back 100 percent of what they are owed by the boutique brokerage.

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Related Topix: Banking, Financial Services, Economics News, Bankruptcy, US Politics, Jon Corzine, US News, US Senate, Democrat, US Governors

Reuters

Australia shares post slim gains on miners, Wall St record

Australian shares posted slender gains on Thursday morning, supported by the S&P 500 index closing at yet another record high and an uptick in resource stocks on the back of rising metals prices.

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Related Topix: Financial Markets, Banking, Financial Services, Tsunami, Natural Disasters

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