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Showing 41 - 50 of 1823 results for "RBA"

RBA considers impact of climate on monetary policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
... of technology and the speed with which climate, economic and social systems can adapt." Bullock noted that the April 2023 RBA review examined the role of monetary policy and climate change. The report said the RBA should "take account of climate risks ...

ASIC, RBA set high expectations for ASX

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2023
ASIC and the Reserve Bank of Australia (RBA) have set out high expectations for the ASX to get the CHESS replacement right, forcing it to consult on all matters on the CHESS replacement with the newly established oversight body. In a joint letter, the ...

ASX appoints former ASIC chair to lead advisory group

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
... held yesterday in Sydney. The roundtable, hosted by ASIC and joined by the ASX and members of the Reserve Bank of Australia (RBA), aimed to address longstanding industry concerns related to the CHESS replacement project. The discussion also focused on ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
Mortgage holders and retailers breathed a resounding sigh of relief when the Reserve Bank of Australia (RBA) steadied the cash rate for the second month in a row. In leaving the base rate at 4.1%, the RBA signalled that its monetary policy strategy ...

RBA sustains cash rate at 4.1%

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
The Reserve Bank of Australia (RBA) left the cash rate unchanged again at 4.1% but warns that more hikes are necessary to tame inflation. Outgoing governor Philip Lowe said Australia's central bank remains "resolute in its determination to return ...

Review forces ASX to fix intra-group conflicts

KARREN VERGARA  |  MONDAY, 31 JUL 2023
... governance framework. The ASX had already introduced several governance changes following the recommendations made by the RBA in the FY21 FSS assessment report when HSF began its review. Taking this into account, HSF said the changes "are relatively ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... remained well below prior years, reflecting higher mortgage rates. Like the sentiment shared by the Reserve Bank of Australia (RBA), Powell said inflation remains well above the Fed's long-term target goal. "Over the 12 months ending in May, total PCE ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... Chesler pointed out that trimmed mean inflation remains considerably above the targets set by the Reserve Bank of Australia (RBA), indicating a high probability of the bank implementing a 25-basis points rise in August. "There remains some upside risk ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
The Reserve Bank of Australia (RBA) said the decision to maintain the cash rate at 4.1% was finely balanced with a consideration to hike another 25 basis points. In the July 4 minutes, released this morning, the RBA explained inflation in Australia ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... Anthony Albanese and Treasurer Jim Chalmers announced this morning Michele Bullock will take over as Reserve Bank of Australia (RBA) governor from Philip Lowe in September. Chalmers said the government is proud to announce the ninth governor, confirming ...