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Showing 11 - 20 of 1948 results for "Reserve Bank of Australia"

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... and capital market entities. ASIC, APRA, the Australian Competition and Consumer Commission (ACCC), Reserve Bank of Australia (RBA), and Australian Taxation Office (ATO) will all be part of the grid. The Customer Owned Banking Association (COBA) has ...

Philip Lowe joins LIC board

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
Philip Lowe announced his first move since leaving the Reserve Bank of Australia (RBA), joining the board of listed investment company Future Generation Australia (ASX: FGX). Lowe takes over from Mike Baird effective today, who will remain on the FGX ...

RBA appoints operations chief

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
The Reserve Bank of Australia (RBA) has named its chief operating officer who will take up the newly created role on March 4. Susan Woods has been appointed to the post. She has been the assistant governor for corporate services at the RBA since 2018 ...

Madigan Capital appoints head of investment capital

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... real estate debt, seeking stable and sustainable investment returns in private markets. Despite the Reserve Bank of Australia reporting non-bank lending constitutes a minor portion of the Australian financial system - approximately 5% of total assets ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
The Reserve Bank of Australia (RBA) kept the cash rate unchanged at 4.35% on the back of positive inflation data in its first meeting for 2024. Despite inflation registering at 4.1% for the month of December, down from a peak of 7.8% one year prior ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... Bloxham says that despite widespread market enthusiasm for imminent central bank interest rate cuts, the Reserve Bank of Australia (RBA) is likely to hold off on such cuts for the foreseeable future. Bloxham said that the RBA is expected to be among ...

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... Annual inflation in December 2023 was 4.1%, down from 5.4% the previous quarter, but still above the Reserve Bank of Australia's (RBA) 2-3% target band. This marks the fourth consecutive quarter of declining annual inflation, down from a peak of 7.8% ...

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
... direction interest rates will take in 2024 or if they will move at all. Commonwealth Bank predicts the Reserve Bank of Australia (RBA) will drop the base rate by 0.75% from September in the hope inflation returns to an acceptable 2-3% target range. HSBC ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... the third quarter of 2023, down from 7.8% in the fourth quarter of 2022, though it remains above the Reserve Bank of Australia's (RBA) target range of 2-3%. In response, the RBA has significantly tightened monetary policy, raising the cash rate by 4.25% ...

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
... financial regulators including ASIC, the Australian Competition and Consumer Commission (ACCC), and the Reserve Bank of Australia (RBA). The public consultation process for this exposure draft instrument is now open, allowing stakeholders to submit their ...