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Showing 31 - 40 of 172 results for "Philip Lowe"

Economic recovery has been stronger than expected: Lowe

ELIZA BAVIN  |  MONDAY, 15 MAR 2021
... economic recovery has been quicker and stronger than expected, according to Reserve Bank of Australia (RBA) governor Philip Lowe. Speaking at the Melbourne Business Analytics conference, Lowe stated that while there are still challenges facing the nation ...

Chief economist update: The great Australian rebound

BENJAMIN ONG  |  THURSDAY, 4 MAR 2021
... coming before savings return to its 30-year average of 5.1% Of course, as Reserve Bank of Australia (RBA) governor Philip Lowe warned in his statement following the conclusion of the bank's March 2 meeting, "the path ahead is likely to remain bumpy ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... 520,000 companies have stopped receiving the payments as their trade recovers." Even Reserve Bank of Australia boss Philip Lowe has given his nod to not keeping JobKeeper: "Given the recovery of the economy, I can understand why the government wants ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
The Reserve Bank of Australia (RBA) painted a pretty picture of the Australian economy in its first board meeting for 2021. RBA governor Philip Lowe's statement at the conclusion of the Australian central bank's February meeting was optimistic ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... jobless rate goes down. This was repeated at the final meeting of the RBA board in December 2020, where RBA governor Philip Lowe said the central bank was prepared to do more in helping the government with rebuilding the Australian economy. "At its future ...

We've done our part, now it's your turn: Lowe

ELIZA BAVIN  |  THURSDAY, 3 DEC 2020
Reserve Bank of Australia (RBA) governor Philip Lowe was forced to remind the Standing Committee on Economics that the RBA is not solely responsible for economic recovery and the federal government also needs to pitch in. Lowe explained that while the ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
The Reserve Bank of Australia (RBA) kept monetary policy unchanged at its December board meeting - the last of 2020 - and for good reason. "In Australia, the economic recovery is under way and recent data have generally been better than expected... ...

Chief economist update: Iron ore to reduce Aussie deficit

BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... surprise to find Prime Minister Scott Morrison, Federal Treasurer Josh Frydenberg and Reserve Bank of Australia chief Philip Lowe - also known as Team Australia - crooning this tune at the now opened karaoke bar... and a rendition of "We Wish You a Merry ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... of infections in South Australia) has improved domestic economic outlook. Reserve Bank of Australia (RBA) governor Philip Lowe thought as much. In his address at the annual dinner of the Committee for Economic Development of Australia (CEDA), the governor ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... another rate cut, bringing the cash rate down to 0.10% for the first time in history. Not only that, but RBA governor Philip Lowe announced a ramp up of quantitative easing measures, bringing in a new era of monetary policy in Australia. The RBA decided ...