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<i>Brian Fallow:</i> Good news, bad news
If the good news is that the Reserve Bank expects rates to be lower for longer, the bad news is why it thinks that.
Bollard holds OCR, flags slower path for rate rises
Reserve Bank Governor Alan Bollard isn't expected to start hiking interest rates again until the middle of next year after he held the official cash rate at 3 per cent today.
Bollard leaves OCR at 3pc
The Reserve Bank has left the Official Cash Rate on hold at 3 per cent. In his Monetary Policy Statement, Governor Alan Bollard said the pace of economic growth 'appears to have moderated'.
Treasury ready to advise on privatisation options
Treasury is sitting on advice to the government about options for selling state assets, and is just waiting to be asked to produce it.
Rio Tinto bids to take over Riversdale
Rio Tinto Group, the world's third-largest mining company, has made a A$3.5 billion ($4.53 billion) takeover proposal for Riversdale Mining, which is developing coal mines in Africa.
Bailout fund hint highlights tensions
The Belgian Finance Minister has hinted that the €750 billion ($1.3 trillion) EU bailout fund could be increased, in a further sign of the confusion and discord over the best way to tackle the Eurozone debt crisis.
SmartPay confirms push for ASX listing
Eftpos company SmartPay has confirmed it is seeking an ASX listing.
Market picks no OCR rise till June
The financial market now expects the Reserve Bank will not increase the OCR from 3 to 3.25 per cent until June next year.