RESERVE BANK OF AUSTRALIA
It is the central bank of Australia. It’s responsible to be involved in the monetary policy of Australia. The Reserve Bank of Australia is tasked with contributing to three objectives: a) The stability the currency of Australia, b) Maintenance of full employment in Australia and c) The economic prosperity of Australia’s people. The bank was established in 1960 and is entirely owned by the Australian government.
POPULAR TERMS
Tag-Along Rights
Investment agreement provision protecting a minority stakeholder, normally in a venture capital deal. If a majority shareholder sells his or her st ...
Fiduciary
An individual who is legally appointed to hold assets in trust for another person. He or she manages the assets for the other person’s benefi ...
Coincident Indicator
Metric showing the current status of economic activity within a certain area. Indicators include employment, average weekly hours worked in manufac ...
Jumbo Loan
A mortgage with a loan amount that exceeds the conforming loan limits fixed by the Office of Federal Housing Enterprise Oversight (OFHEO). The agen ...
Form 4
A document that needs to be filed with the SEC when there is a material change in the company insiders’ holdings. Directors and officers of t ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
Retirement Planning: Last-Minute Preparation
The road to comfortable and enjoyable retirement is not an easy road. You will experience some challenges along the way as you save up for your gol ...
Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | Mid-Year Economic and Fiscal Outlook | ||
| 02:01 | Rightmove House Prices | Dec | |
| 04:00 | Fixed Asset Investment | Nov | |
| 04:00 | Industrial production | Nov | |
| 04:00 | Retail Sales | Nov | |
| 04:00 | Unemployment Rate | Nov | |
| 04:00 | NBS Press Conference | ||
| 06:30 | Tertiary Industry Index | Oct | |
| 09:00 | Wholesale Price Index | Nov |
