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Showing 1011 - 1020 of 3597 results for "Central"

One regulatory regime enough: FSC

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
... FSC said. With the government planning to create a new disciplinary system for financial advisers - including a single, central disciplinary body - the FSC believes the TPB no longer needs to be involved in advice regulation. "These changes, in their ...

Chief economist update: Whatever it takes, however long it takes

BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
Financial Standard already said its piece several days before the European Central Bank's (ECB) September 12 meeting, concluding that: "Super Mario would want to go out with a bang (his last month in office) and do "whatever it takes" to mitigate ...

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
The Global Financial Crisis of 2008 gave birth to "non-conventional monetary policy" - where many developed country central banks lowered interest rates to zero/negative and/or engaged in quantitative easing. While these prevented the "Great Recession" ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... domestic environment but current indications are that we have seen the low in this economic cycle. More so, given that major central banks and governments are now hard at work enacting and/or preparing counter-cyclical policy responses. We'll be ...

APRA updates enforcement approach

KRISTI CHENG  |  WEDNESDAY, 4 SEP 2019
... with data reporting obligations to the regulator will be exposing themselves to potential penalties, he added. "As the central statistical agency for Australia's financial sector, including other regulators, APRA must ensure the data we receive is timely ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... back to the point. A surprise RBA rate cut would unnerve financial markets and spark speculations that the Australian central bank is more concerned about the domestic economy than it is letting on. To be sure, the property market appears to have "stabilised" ...

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG  |  TUESDAY, 3 SEP 2019
... of domestic price pressures, and, thus, headline inflation developments over the medium term." This was what European Central Bank (ECB) president Mario Draghi told his audience (and the world) at his press conference straight after the ECB's last ...

Chief economist update: What price Australian budget surplus?

BENJAMIN ONG  |  TUESDAY, 27 AUG 2019
... "with bond yields (cost of government borrowing) this low, it's time for fiscal policy to lend a helping hand" because central banks are running out of ammunition. No less than Reserve Bank of Australia Governor Philip Lowe backs up Financial Standard ...

KPMG names financial services head

HARRISON WORLEY  |  MONDAY, 26 AUG 2019
... retail banking. His time at the bank was preceded by a two year stint at Citi and three years at Westpac as head of its central program office and customer service. Knoll noted the financial services industry was undergoing a "huge amount of change and ...

Chief economist update: Trump should read Frank

BENJAMIN ONG  |  MONDAY, 26 AUG 2019
... - certain to escalate further that is. Unless POTUS reverses his "take no prisoners" policy on trade (and even his own central bank), fasten your seatbelts and hang on to your toupees! Fed chairman Jerome Powell admitted as much at the Hole. "There are ...