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Showing 91 - 100 of 4298 results for "Bank of"

RBA 'alert' to impact of tech on the economy: Bullock

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
Reserve Bank of Australia (RBA) governor Michele Bullock has said the future of central banking will be shaped by how the RBA chooses to engage with new technologies in a meaningful way, while speaking at an event in Perth. "At the RBA, we are actively ...

Australian economy 'stronger than expected'

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
... as dwelling investment, as well as stabilisation in the public sector," Allen said. "We continue to expect the Reserve Bank of Australia (RBA) to cut the cash rate once more in November. Further easing in 2026 remains possible but would take a deterioration ...

Inflation hits highest level in over a year

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
... Advisors APAC economist Krishna Bhimavarapu says the higher-than-expected reading will cool expectations for the Reserve Bank of Australia (RBA) to deliver another interest rate cut soon. "Today's near full percentage point jump in headline CPI is ...

CBA appoints head of Australian economics

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... bank in July. Allen will be responsible for developing the bank's Australian economic forecasts, views on the Reserve Bank of Australia cash rate, while continuing to leverage CBA's internal data assets to derive insights on the Australian economy. Allen ...

Future Fund taps AustralianSuper for property director

MATTHEW WAI  |  WEDNESDAY, 20 AUG 2025
... was head of Australia at the global insurance group Ping An Real Estate for four years. He also boasts experience with Bank of America Merrill Lynch and Credit Suisse. Commenting, the sovereign wealth fund said Richmond will be instrumental in driving ...

Euroz Hartleys in 'early stage' talks with big investor

KARREN VERGARA  |  WEDNESDAY, 20 AUG 2025
Euroz Hartleys Group confirmed it is in the "early stages" of discussions with the Bank of Montreal (BMO) for the latter to potentially make a strategic stake in the Perth-based financial services company. Addressing an AFR article published on August ...

Iress adds AI chief to drive innovation

MATTHEW WAI  |  FRIDAY, 15 AUG 2025
... years. Before AWS, he was a program leader in IT for three of the four major banks in Australia - Westpac, Commonwealth Bank of Australia and NAB between 2008 and 2017. He also brings experience from Citibank and DXC Technology earlier in his career. ...

Unemployment falls, more women enter the workforce

ELIZA BAVIN  |  FRIDAY, 15 AUG 2025
... said the data shows a continued resilience with the Australian labour market which would be positive news for the Reserve Bank of Australia (RBA) going forward. "Employment growth was in line with consensus forecasts and average monthly employment growth ...

RBA cuts rates, experts debate next moves

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
As widely anticipated, the Reserve Bank of Australia (RBA) delivered a 0.25% interest rate cut at the August meeting, bringing the official cash rate down to 3.6%. The RBA board noted that the easing in inflation alongside a softening in the labour ...

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
Commonwealth Bank of Australia (CBA) said it has provisioned $52 million for remediation purposes as it finalises various class actions, including those related to superannuation and advice. CBA said the group is still defending two superannuation class ...