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The Latest Breaking News from Glenn Stevens

Five key takeaways from parliamentary hearings into client leaks at KPMG

Partners say they ‘don’t recall’ leaked papers and are accused by lawyers of being misleading as more whistleblowers come forward

The Guardian - AU

'I am so sorry': audit investigator's belated apology

An investigator has apologised to a Senate inquiry for failing to properly probe claims of misconduct at one of the biggest multinational auditors.

AAP

Australian investment bank Macquarie names Greg Ward as next CEO

Macquarie Group has appointed Greg Ward as its new chief executive officer. He will replace Shemara Wikramanayake, who is retiring from the position. Ward, a long-serving executive, will take over the role on November 6. Investors view this appointment as a sign of confidence in the bank's strategy. The bank's…

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Australians obsessed with interest rates because ‘there is not enough else to talk about’, former RBA governor says

Glenn Stevens tells Reserve Bank historian: ‘We’ve got a lot of media capacity and not enough real news to fill it’

The Guardian - AU

Macquarie’s famed pay packages under attack from disgruntled shareholders at AGM

Investors used the group’s annual general meeting in Sydney on Thursday to vote against remuneration plans

The Guardian - AU

Macquarie reports subdued earnings, shares slide

Macquarie is taking a cautious stance and conservative approach to capital in 2024/25, as it looks forward to the opening of its new global HQ in Sydney.

AAP

What's to stop Philip Lowe moving to a private bank after he leaves the RBA? It's what his predecessors did

Surely Reserve Bank Governor Philip Lowe won’t move to a private bank after his term as governor ends next week.

The Conversation

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Green energy flag-bearer South Australia says gas must 'stand behind' renewable switch

South Australia's energy minister launches defence of gas industry, saying his state's global leadership in the switch to green power would not be possible without the fuel.

ABC News

Interest rates unlikely to fall amid 'once-in-a-generation' inflation battle, warns former RBA boss Glenn Stevens

The Reserve Bank of Australia (RBA) warns further interest rate increases are still possible, as a former RBA governor says the low-rate era is over, leaving households feeling like Australia is heading for recession.

ABC News

Interest rate rises: is there a less painful way to curb inflation?

The Reserve Bank of Australia’s monetary policy has been criticised as unfair and ‘too blunt’. But what are the alternatives?

The Guardian - AU

Alan Kohler: The Reserve Bank is a renovator’s delight

The most controversial task of the panel reviewing the Reserve Bank will be to decide whether Governor Philip Lowe committed a sackable offence.

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Shemara Wikramanayake

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Australian National University

Reserve Bank of Australia

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