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Rate hike catches economists unaware

BY KATE HAGE | WEDNESDAY, 3 MAY 2006 11:26AM

The Reserve Bank of Australia (RBA) handed down a controversial decision today to lift the official cash rate from 5.5 per cent to 5.75 per cent, a move economists say caught many unawares.

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Editor's Choice

Industry reacts to Mulino's sweeping reforms

RIDDHIMA TALWANI | 11:42AM

From the advice sector to super funds, reactions to the sweeping reforms announced by the minister for financial services have been broad.

TAL names chief customer and health officer

VINNY VUCAGO | 11:30AM

TAL has named a new chief customer and health officer, choosing to promote from within.

HESTA appoints new heads of risk and finance

ELIZA BAVIN | 10:58AM

The $105 billion super fund has named a new head of risk and new head of finance, who will also serve as deputy chief financial officer.

MA Financial AUM surges 44% in 1H26

MATTHEW WAI | 12:32PM

MA Financial Group posted a positive half year to 30 June 2026, with assets under management (AUM) increasing by 44% to $15.5 billion, attributed to significant activity levels in core real estate.

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