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Showing 81 - 90 of 1946 results for "Reserve Bank of Australia"

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
Australian investors are flocking to term deposits and away from equity funds, signalling a shift towards more conservative investment strategies. Plan for Life data revealed that Australian equities funds experienced a decline in net funds inflows ...

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... macro strategy Dwyfor Evans said although the absolute level of inflation remains markedly above the Reserve Bank of Australia (RBA) target (2-3%), he believes that the rate hiking cycle has likely come to an end, as alluded to in cash rate futures. ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... as part-time members of the RBA board has sparked debate. Following the release of the review of the Reserve Bank of Australia (RBA) yesterday, which made 51 recommendations including the creation of a dual board, Treasurer Jim Chalmers appointed Ross ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
A major overhaul is in store for the Reserve Bank of Australia, with the widely anticipated review putting forth 51 recommendations, with particular consideration given to how cash rate decisions are made. Released today, An RBA fit for future comes ...

Purpose of pause to gather more data: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
The Reserve Bank of Australia's (RBA) call to pause rate hikes rested on a decision to gather more information, it said. The minutes from its April 4 board meeting, where it decided to keep the cash rate at 3.6%, reveal the board extensively weighed ...

RBA reforms require bipartisan support: Chalmers

KARREN VERGARA  |  TUESDAY, 18 APR 2023
... sides of politics before implementing the changes recommended by the panel tasked with reviewing the Reserve Bank of Australia (RBA). Chalmers told a press conference yesterday that he will speak to various parties about the content of the report, which ...

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... part-time employment dropped 19,000 jobs. While positive, economists aren't convinced it's cause for the Reserve Bank of Australia (RBA) to look to increase the cash rate again in May following its pause this month. However, AMP deputy chief economist ...

Long pause likely from RBA: Economist

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
The Reserve Bank of Australia's (RBA) pause on interest rate hikes will likely linger, according to HSBC chief economist Australia and New Zealand Paul Bloxham. In a recent Financial Standard podcast, Bloxham said despite inflation still being high ...

Lowe reinforces more hikes may come

ANDREW MCKEAN  |  THURSDAY, 6 APR 2023
The Reserve Bank of Australia (RBA) hit pause on interest rate hikes this week, but RBA governor Phillip Lowe has told the National Press Club that doesn't mean they're off the table altogether. In an address, Lowe said the decision to hold ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
As the Reserve Bank of Australia (RBA) kept the cash rate at 3.60% in April, most economists warn Australians not to rule out further increases throughout the year. Mortgage holders breathed a sigh of relief yesterday afternoon when RBA governor Philip ...