The global financial crisis (GFC) refers to the period of extreme stress in global financial markets and banking systems between mid 2007 and early 2009. During the GFC, a downturn in the US housing market was a catalyst for a financial crisis that spread from the United States to the rest of the world through linkages in the global financial ...

The global financial crisis (GFC) refers to the period of extreme stress in global financial markets and banking systems between mid 2007 and early 2009. During the GFC, a downturn in the US housing market was a catalyst for a financial crisis that spread from the United States to the rest of the world through linkages in the global

2018年12月6日 · The GFC playlist for this speech is Bob Dylan, Teenage Fanclub, Radiohead, You Am I, Split Enz. The label ‘GFC’ was an export from Australia to the rest of the world. Luckily we did not import the Great Recession to balance the trade ledger.

2009年6月24日 · In Australia, the first significant macroeconomic policy response to the global financial crisis came from the Reserve Bank of Australia (RBA). On October 7, the RBA Board cut interest rates by 100 basis points.

2018年9月7日 · RBA leaders explain what happened as the GFC hit, why cash advances to the banks almost doubled, and how the banking guarantee turned into a 'nice little earner' for the federal government.

2018年10月5日 · And so it was that on Tuesday, October 7, 2008, the RBA stunned everyone when it slashed its all-important cash rate by 100 basis points, making it the first major global central bank to move ...

As well as easing monetary policy sharply, the RBA undertook a number of “balance sheet” measures to reduce stress in the financial system: the supply of bank reserves was increased substantially further after September last

2020年10月9日 · When the RBA is buying government bonds, it is buying them in the secondary market. That is, they are bonds that have been issued to investors some time earlier. The RBA buys these bonds via an auction mechanism with the dealer panel banks as counterparties, though the dealers in turn have been sold the bonds from other investors.

The RBA is authorised to provide financial services to the Government and to the financial system, and has significant powers to engage in financial activities in the public interest, which enable the RBA to act as lender of last resort and liquidity manager for the financial system.

The GFC Investment Tax Break David Rodgers* and Jonathan Hambur** Research Discussion Paper 2018-07 June 2018 * Economic Research Department, Reserve Bank of Australia and UNSW Sydney **Economic Research Department, Reserve Bank of Australia David Rodgers completed much of this work while on secondment from the RBA to the Australian