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| | ... inflation, high CPI inflation in Australia (7.8%), driven by both domestic demand and global factors, remains a challenge, RBA governor Phillip Lowe said. The RBA is prioritising restoring inflation to its target range of 2-3%, with an eye towards maintaining ... |
| | | ... On his award, Gunesekera said he felt honoured and humbled, never expecting to be recognised in such an amazing way. Governor-General of Australia David Hurley commented that the recipients have had a significant impact at the local, national and international ... |
| | | ... its replacement. This supplemented a joint letter of expectations ASIC and the RBA issued to the ASX last month. RBA governor Phillip Lowe said: "The RBA expects the highest priority to be given to ensuring the stability and resilience of the critical ... |
| | | ... will have to move the policy rate up much further." Meanwhile, Vantage Markets market analyst Daniel Moss commented: "Governor Phillip Lowe and his colleagues at the RBA are expected to raise the official cash rate by 25-basis points at their last meeting ... |
| | | ... for insurance and superannuation 18 months. "But with the legislation yet to pass the Senate, it's not clear when the Governor-General will give his stamp of approval," he said. He advised that APRA and ASIC are working closely together to jointly administer ... |
| | | Reserve Bank of Australia governor Philip Lowe cited climate change and the transition to renewable energy as two of four longer-term changes to the global economy that are "likely to affect the dynamics of inflation, central bank policy and the way ... |
| | | ... with their public statements and record of prioritising ESG initiatives over shareholder return." In August, Florida Governor Ron DeSantis and the trustees of the US$253.1 billion State Board of Administration (SBA) have banned ESG from considerations ... |
| | | ... currently serves as director of the Victorian Funds Management Corporation, deputy chair of Infrastructure Victoria, board governor of the CFA Institute, member of the Queensland State Investment Advisory Board and external director of the Dexus Wholesale ... |
| | | At the Reserve Bank of Australia (RBA) board dinner, governor Phillip Lowe expressed that interest rates will need to go higher to bring inflation back to target. After a seventh straight rate rise, whereby the bank lifted the interest rate to 2.85% ... |
| | | ... surprise but, in reality, a move to 50 basis points would mean a sharp U-turn in thinking from the RBA," Solomon said. "Governor Lowe is intent on allowing effects from prior hikes to flow through to main street. He's acutely aware that many mortgages ... |
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