Financial Regulatory Forum

Australian banks would benefit from more capital – central banker

By Reuters Staff
March 1, 2010

MELBOURNE, March 1 (Reuters) – Australian banks could do with a little more capital parked on their balance sheets even though they have weathered the global financial crisis in good shape, the country’s central bank chief said on Monday.

Australia central bank raises rates, more expected

By Reuters Staff
October 6, 2009

The Governor of the Reserve Bank of Australia (RBA), Glenn Stevens, pauses during an appearance before a parliamentary committee hearing in Sydney September 28, 2009.            REUTERS/Tim Wimborne   (AUSTRALIA BUSINESS POLITICS) By Wayne Cole
SYDNEY, Oct 6 (Reuters) – Australia’s central bank raised its key cash rate by 25 basis points to 3.25 percent on Tuesday and heralded more to come, saying it was safe to row-back on stimulus now that the worst danger for the economy had passed.