Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 1947 results for "Reserve Bank of Australia"

Msquared Capital bolsters local team

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
... Queensland and ANZ. The appointments come at a time when private credit markets are booming. According to the Reserve Bank of Australia (RBA), non-bank lenders account for 5% of the financial system's total assets, issued in equal parts by registered ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
While Australia's economy has been surprisingly resilient to Reserve Bank of Australia (RBA) rate hikes, inflation remains well above global trends, according to UBS's 2024-2025 local economic outlook. The report, written by UBS economists George Tharenou ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
The Reserve Bank of Australia (RBA) hiked the cash rate to 4.35% as it continues to grapple with subduing inflation. RBA governor Michele Bullock yesterday pushed up the base rate by another 25 basis points, saying that while inflation in Australia ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... the program." Elsewhere, ahead of tomorrow's Melbourne Cup rate decision, Chalmers said that the Reserve Bank of Australia (RBA) will independently make a choice off the back of data it's reviewed. "Whatever their decision on Tuesday, they'll ...

Macquarie appoints Byres, half-year results decline

KARREN VERGARA  |  FRIDAY, 3 NOV 2023
Former APRA chair Wayne Byres will join the board of Macquarie Bank as the latter releases half-year results that are "substantially down" compared to this time last year. Byres is set to join as a non-executive director on 1 February 2024. Byres left ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... prompting GSFM investment strategist Stephen Miller to label an upcoming interest rate adjustment by the Reserve Bank of Australia (RBA) on Melbourne Cup Day as near certain. Miller pointed out that the most recent RBA board meeting indicated a lower ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
Reserve Bank of Australia (RBA) assistant governor Christopher Kent has punctuated that beyond the cash-flow channel, where a rise in the cash rate leads to higher interest payments for those with debt, there exists other avenues through which monetary ...

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
... investors greater access to global private credit and will target a total net return equivalent to the Reserve Bank of Australia (RBA) cash rate plus 8%. It follows a $200 million commitment from Washington H. Soul Pattinson as part of a joint venture ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... likely go into private markets and non-bank lending. Small but growing market share According to the Reserve Bank of Australia (RBA), non-bank lenders account for 5% of the financial system's total assets, issued in equal parts by registered financial ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
Australian businesses and households are vulnerable to further shocks following high inflation and the tightening of monetary policy. According to the Reserve Bank of Australia's (RBA) most recent Financial Stability Review, the Australian business ...