Markets

Glenn Stevens is joining Macquarie Bank

Former RBA governor Glenn Stevens is joining the board of directors at Macquarie Bank. He starts as an independent director at Macquarie Group Limited, effective Wednesday next week. Macquarie CEO Nicholas Moore says Stevens worked at the highest levels of the Reserve Bank of Australia for 20 years, most recently […]
Glenn Stevens is joining Macquarie Bank
Markets

GLENN STEVENS: It’s OK to say no to foreign capital

Outgoing RBA governor Glenn Stevens has again taken the ball up on an important economic topic for Australia. Amid the current debate over the sale of Ausgrid in New South Wales, complaints by land holders about who they can sell to, and calls for transparency in FIRB decisions, the clear […]
GLENN STEVENS: It’s OK to say no to foreign capital
Markets

3 lessons from Glenn Stevens, who’s stepping down as RBA governor

On September 18 2016, Glenn Stevens will end his ten-year mandate as governor of the Reserve Bank of Australia (RBA). His experience in the top job provides a wealth of lessons for the next generation of policymakers; that’s arguably his most important legacy. A graduate from the University of Sydney […]
3 lessons from Glenn Stevens, who’s stepping down as RBA governor
Markets

GLENN STEVENS: The world needs more than just low rates and cheap money

RBA governor Glenn Stevens just joined the chorus of central bankers and supra-national bodies calling for governments to do more to support their own economies and reduce reliance on monetary policy alone. At the Credit Suisse Global Markets Macro Conference in New York overnight, Stevens said monetary policy had certainly […]
GLENN STEVENS: The world needs more than just low rates and cheap money
Markets

Glenn Stevens skips the jawbone, dollar shoots higher

Pushing aside rampant speculation as to whether he would, or not, RBA governor Glenn Stevens has resisted the temptation to place downward pressure on the Australian dollar this afternoon, instead using the opportunity to talk up the recent performance of the Australian economy. In prepared remarks to the ASIC annual […]
Glenn Stevens skips the jawbone, dollar shoots higher
Markets

What RBA governor Glenn Stevens is thinking right now

RBA governor Glenn Stevens is a man with a lot on his mind. As the head of the central bank of a small open economy with a freely floating exchange rate, large exposure to commodity prices, a massive trade partnership with China, a hole left by the mining investment boom, […]
What RBA governor Glenn Stevens is thinking right now