Glenda Kwek

Glenda Kwek is a business reporter at The Sydney Morning Herald. Email or tweet her with your news tips.


Job vacancies rebound for February


Glenda Kwek Job vacancies have risen by 2.6 per cent in the three months to February, as available positions in public and private sectors lifted after weakening in the previous quarter.


Building approvals fall five per cent in February

Homes from the air. Generic housing, homes, suburbia, aerial. Tuesday 14th February 2012 AFR photo Louie Douvis job# 157267

Glenda Kwek Total building approvals were weaker-than-expected in February after a strong start to the year.

Cash rate

Australian dollar jumps as RBA keeps official cash rate on hold

Glenn Stevens

Glenda Kwek The Reserve Bank has kept the cash rate at a record low of 2.5 per cent for its seventh straight board meeting, with the announcement pushing the Australian dollar above US93c.

Interest rates

Australian dollar jumps as RBA keeps official cash rate on hold

RBA building.

Glenda Kwek Reserve Bank keeps the cash rate at a record low of 2.5 per cent for its seventh straight meeting.

Real estate prices

Home prices surge higher, Melbourne leads the way


Glenda Kwek Home prices have surged in March in a sign that the boom in the property market is continuing after a pause in February.


Manufacturing slows for fifth-straight month

Glenda Kwek Manufacturing activity has contracted for the fifth-straight month as weak local demand and the recent rise in the Australian dollar hurt the sector, a new survey has found.


Glenn Stevens' speech key with RBA stuck on the sidelines

Reserve Bank Governor Glenn Stevens.

Glenda Kwek The Reserve Bank is widely tipped to sit on the sidelines for another month as it tries to balance the impact of the housing market boom, the recent surge in the Australian dollar and the rise in...


$A stays up as investors wait for signals

GENERIC- money, australian dollar, currency, economy, exchange rate.

Glenda Kwek The Australian dollar slipped from four-month highs but remained buoyant above US92¢ as investors seek clarity on China and interest rates.

On rise

Inflation continues to rise: survey

Glenda Kwek Consumer prices edged slightly higher this month to keep inflation at 2.7 per cent, a private survey has found.


Australian dollar surges on optimism to four-month high

Aussie dollar

Glenda Kwek, Jared Lynch Survey finds exporters now feel they can comfortably grow their businesses.


International events put brakes on local sharemarket optimism


Glenda Kwek Troubles brewing in Crimea, US and China temper the optimism fuelled by strong earnings.


Australian dollar to fly higher but resurgent greenback will clip its wings

Australian dollar

Glenda Kwek The Australian dollar is tipped to strengthen beyond its fresh highs but will be held in check by a resurgent US dollar, currency experts say.


China poised to ramp up its stimulus policies

China's Finance Minister Lou Jiwei.

Glenda Kwek Signs that China's economy is coming off the boil are fuelling speculation that the country's government will step in with new stimulus measures and could even cut official interest rates.


RBA's Philip Lowe says corporate bonds are key for stability

Glenda Kwek The domestic corporate bond market can play a key role in maintaining economic stability in times of severe stress, the Reserve Bank of Australia's deputy governor Philip Lowe says, describing it as...


RBA's Philip Lowe leaves Australian dollar jawbone at home

Phillip Lowe

Glenda Kwek RBA deputy governor Philip Lowe has passed up on an opportunity to further "jawbone" the local currency


Asia's changing food tastes could be Australia's 'next big story'

A sign warning drivers to be wary of cows is seen near a farm, which supplies milk to the nearby Warrnambool Cheese and Butter Factory, near the town of Timboon, located around 200 kilometres (125 miles) southwest of Melbourne November 18, 2013. Saputo Inc's failure to deliver a knockout bid in the three-way battle for Australia's oldest dairy company is leaving the door open for rival suitors to jump in with sweeter offers. The target Warrnambool Cheese and Butter Factory Co surged to a record A$9.39 in Sydney trading on Monday, fuelled by market speculation that the months-long takeover battle has further to run and Saputo's rivals Murray Goulburn Co-operative Ltd and Bega Cheese Ltd may increase their bids.  REUTERS/Sonali Paul    (AUSTRALIA - Tags: FOOD ANIMALS BUSINESS AGRICULTURE)

Glenda Kwek Asia's growing taste for meat and dairy could see agricultural exports outperform metals and drive Australia's next commodities boom

ASIC pledges global campaign on foreign exchange fraud


Glenda Kwek and Jonathan Shapiro ASIC chairman Greg Medcraft has pledged a globally co-ordinated effort to uncover instances of fraud in the foreign-exchange market.


Cybercrime a 'black swan' risk, says ASIC


Glenda Kwek Cybercrime is a systemic risk and could be the next black swan event, the head of Australia's corporate regulator says.


China pushing to be world's banker

A U.S. $100 banknote is placed next to 100 yuan banknotes

Glenda Kwek China's push to make the yuan the world's reserve currency could spell a period of volatility for Australia.


'Interesting equilibrium' keeping Australian dollar steady

Australian dollar

Glenda Kwek The Australian dollar is set to finish the week slightly higher as it remained mostly stable above US90¢.