International Law

Statement by Reserve Bank Governor on monetary policy

A Statement by Reserve Bank Governor Glenn Stevens on monetary policy was released on 5 February.

In part, he said: "sentiment in international capital and equity markets remains fragile. In Australia, financial intermediaries have passed on higher costs to their customers over the past couple of months. There has also been some tightening of lending standards to risky borrowers, a process which may yet have further to go."

Full post as published by Australian Regulatory Compliance Review on February 05, 2008 (boomark / email).