Last Updated: Jan 15 2009 - Able2Act


Biography for Glenn Stevens

First Name: Glenn
Last Name: Stevens
Title: Governor
Country: Australia
Date of Birth: 23/01/1958
Education: BEc(Hons), The University of SydneyMA, University of Western Ontario
CV: 1980-92: Research Department, Reserve Bank of Australia various positions and Visiting Scholar, Federal Reserve Bank of San Francisco in 1990 1992-95: Head of Economic Analysis Department 1995-96: Head of International Department 1996-2001: Assistant Governor (Economic) 2001-06: Deputy Governor Governor of the Reserve Bank of Australia since 18 September 2006
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First reported 16 hours ago - Updated 16 hours ago - 1 reports

Australian economy waits for bonus as currency falls

SYDNEY: The Australian dollar suffered its biggest monthly drop in over a year in September and was on the verge of reaching four-year lows, but it will probably need to fall further and stay down before exporters can truly rejoice.Indeed, a survey on ... [Published Economic Times - 16 hours ago]
First reported 20 hours ago - Updated 20 hours ago - 1 reports

Investor lending grows 10.2pc

New lending statistics from APRA have confirmed the sharp rise in investor finance that has concerned the Reserve Bank of Australia.Governor Glenn Stevens said last week that he is concerned investor finance is growing at double-digit rates and new rules ... [Published The Adviser - 20 hours ago]
First reported Sep 30 2014 - Updated Sep 30 2014 - 1 reports

Investors hogging credit for housing

Investors are testing the resolve of the Reserve Bank of Australia, piling into loans for housing at the fastest annual pace in over six years.The RBA has already described the composition of the mortgage market as "unbalanced".Its own figures released ... [Published Melbourne Age - Sep 30 2014]
First reported Sep 30 2014 - Updated Sep 30 2014 - 1 reports

Australia’s Options as It Seeks to Douse House Prices

A row of newly constructed homes selling in the new Sydney suburb of Greenhills BeachReuters SYDNEY–Australia’s central bank and banking regulator are on course to announce added measures to lean against surging house prices, which have been driven higher ... [Published WSJ.com: Real Time Economics - Sep 30 2014]
First reported Sep 30 2014 - Updated Sep 30 2014 - 1 reports

Reserve Bank warns concerned about excessive investment in property

Housing estate in Gladestone, Queensland. (SBS)Home buyers could soon face tougher lending rules as the Reserve Bank of Australia considers ways to rein in the booming housing market.The move comes amid concerns investors are inflating real estate pr ... [Published Special Broadcasting Service - Sep 30 2014]
First reported Sep 30 2014 - Updated Sep 30 2014 - 1 reports

RBA wants dollar to fall more

(The Australian Financial Review - ABIX via COMTEX) --The fall in the Australian dollar is not enough to satisfy the Reserve Bank and the Federal Treasury. Over the three weeks to 29 September 2014, the currency has dropped by six per cent to a low of ... [Published TradingCharts.com - Sep 30 2014]
First reported Sep 29 2014 - Updated Sep 29 2014 - 1 reports

RBA considers tougher home lending rules

Home buyers could soon face tougher lending rules as the RBA considers ways to rein in the booming housing market and protect the economy.(Transcript from SBS World News Radio)Home buyers could soon face tougher lending rules as the Reserve Bank of Australia ... [Published Special Broadcasting Service - Sep 29 2014]
First reported Sep 29 2014 - Updated Sep 29 2014 - 1 reports

Ignore the banks, the housing bubble is real

A raft of executives and chief economists from almost every major bank have screamed their message that there's no housing bubble, so that has to be true, right? Well, not quite, writes Ian Verrender.It's official! There is no real estate bubble.The stratospheric ... [Published ABC Online - Sep 29 2014]
First reported Sep 29 2014 - Updated Sep 29 2014 - 1 reports

RBA flags possible changes to home loan rules

The Reserve Bank of Australia has raised the possibility of implementing new rules to cool the property market.Governor Glenn Stevens said he is concerned that investor finance is growing at double-digit rates and represents nearly half the flow of new ... [Published The Adviser - Sep 29 2014]
First reported Sep 25 2014 - Updated Sep 26 2014 - 6 reports

Regulators need independence: RBA

Reserve Bank of Australia governor Glenn Stevens has stressed the importance of the country's banking regulators. He told the Melbourne Economic Forum on 25 September 2014 that bodies such as the Australian Prudential Regulation Authority should be protected ... [Published Individual.com - Sep 26 2014]
First reported Sep 25 2014 - Updated Sep 25 2014 - 2 reports

RBA Open To Property Lending Curbs, Says Stevens

The Reserve Bank of Australia is open to macro prudential tools that help to cool property market, Governor Glenn Stevens said Thursday.But he expressed concern about the effectiveness of such tools.In the semiannual Financial Stability Review released ... [Published RTTNews.com - Sep 25 2014]
First reported Sep 25 2014 - Updated Sep 25 2014 - 2 reports

RBA's Glenn Stevens sceptical but open to limits on investor loans

Reserve Bank of Australia Governor Glenn Stevens may consider some limits home loans to investors to stop distortions in the housing market.Mr Stevens told told the Melbourne Economic Forum at Melbourne University that he was concerned about double-digit ... [Published WA Today - Sep 25 2014]
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Notes from RBA’s Stevens’ Testimony [Published OANDA Forex Blog - Aug 20 2014]
Reserve Bank of Australia Governor Glenn Stevens delivered his semi-annual testimony to a parliamentary panel in Brisbane today in which he indicated lower interest rates were unlikely to accelerate growth; rather, what the economy needed was a release ...
Australia Central Bank Rules Out Rate Cuts [Published WSJ.com: Real Time Economics - Sep 03 2014]
Glenn Stevens, governor of the Reserve Bank of Australia.Bloomberg News Australia’s central bank Governor Glenn Stevens Wednesday highlighted surging house price as a major risk for the economy – comments the markets took to all but rule out further ...
RBA’s Stevens Doesn’t Rule Out Another Cut [Published OANDA Forex Blog - Jul 22 2014]
Reserve Bank of Australia Gov. Glenn Stevens on Tuesday appeared to leave open the possibility of further interest-rate cuts, but said the current record-low rate was appropriate for now. During an appearance before a business audience Tuesday, Mr. ...
RBA’s Stevens’ Comments Take Effect [Published OANDA Forex Blog - Jul 03 2014]
Glenn Stevens’s renewed jawboning of the Aussie pushed it toward the biggest two-day drop since May as the central bank governor said investors were underestimating chances of a significant fall in the currency. “Most measurements would say it is overvalued, ...
RBA’s Stevens Looks to Confidence over Interest... [Published OANDA Forex Blog - Aug 20 2014]
Reserve Bank of Australia Governor Glenn Stevens said his nation’s economy needs an injection of confidence rather than lower interest rates to stimulate growth, signaling policy will probably remain unchanged. “I don’t really think interest rates are ...
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