Articles on Glenn Stevens

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Glenn Stevens upheld the independence of the RBA in his time as governor. Mick Tsikas/AAP

The legacy of Glenn Stevens in three lessons

Glenn Stevens' legacy shows how to maintain the independence of the Reserve Bank in crisis as well as the limits of monetary policy.
Much like a Rio Olympics basketball match, the United States’ economy is coming out on top while Australia lags behind. Jim Young/Reuters

Vital Signs: US scores while Australia struggles

The US economy is improving off the back of jobs figures while in Australia, the government is being warned by the Reserve Bank to step up its game.
Reserve Bank governor Glenn Stevens condemned the “inability to find political agreement” on infrastructure. AAP/Dan Peled

Another rate cut possible due to weak economy: Stevens

Reserve Bank governor Glenn Stevens has left open the possibility of another rate cut, but warned against expecting monetary policy to do too much of the work in encouraging economic growth.
RBA Governor Glenn Stevens has cited an increase in labour productivity - but all isn’t as it appears. AAP/Dan Peled

Labour productivity has risen – but it’s not exactly a good news story

Reserve Bank of Australia Governor Glenn Stevens has ticked off on a major item on the “to do” list for Australian policy-makers: raise the rate of growth in labour productivity. In his keynote speech…
Last year’s G-20 knees up. This year expect the taper, the IMF and corporate tax evasion to be the main themes. Flickr

We are all spillovers now: G20 finance meeting explained

Finance ministers and central bank governors from the Group of 20 major economies will meet in Sydney this week. A lot of troubled financial waters have flowed under the bridge since this group last met…
Glenn Stevens has acknowledged the impact of deleveraging on Australia’s economy. AAP

On High Noon Tuesday at the RBA Corral, can we expect a rate rise?

I have a hunch that the RBA will follow its conventional “neoclassical” models and raise rates this afternoon, even though the economy is locked in “two speed” mode, and the global economy is racked by…

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