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Showing 91 - 100 of 971 results for "Governor"

Super leaders recognised

ANNABELLE DICKSON  |  TUESDAY, 15 JUN 2021
... to all recipients. Each of these individuals are unique and their story deserves to be shared widely and celebrated," Governor General David Hurley said. "Collectively, they speak to who we are as a nation. There are countless examples of selflessness ...

LIBOR phased out by year end

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... relevant cessation dates and most importantly, stop offering new LIBOR products after the end of 2021." RBA assistant governor (financial markets) Christopher Kent said: "Firms should not waste any time in moving away from LIBOR. The end date for LIBOR ...

Chief economist: The wages of slow wages growth

BENJAMIN ONG  |  THURSDAY, 20 MAY 2021
... (perhaps, a long while) before it translates into higher wages and then spill over into higher inflation. Recall the good governor intimating that wages have to grow sustainably by more than 3% for it to translate into higher inflation. The experience ...

Boards should be "strap-on brains": Cosgrove

ELIZABETH MCARTHUR  |  TUESDAY, 18 MAY 2021
Retired Governor General Peter Cosgrove has offered some words of advice to corporate Australia on the role of boards and leaders. Cosgrove delivered a speech on leadership strategies through good times and bad, drawing on his military experience, at ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... purchase program in September." July is the month when the RBA decides to maintain QE or taper QE or increase QE. RBA governor Philip Lowe's statement gives us a wink and a nod: "Despite the strong recovery in economic activity, the recent CPI data ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
... released by the Australian Bureau of Statistics (ABS) underscore both the Reserve Bank of Australia's prescience and governor Philip Lowe's expectation that the official cash rate will remain low until at least 2024. According to the ABS: "Annual ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... a tight labour market. The Board does not expect these conditions to be met until 2024 at the earliest." This is RBA governor Philip Lowe's promise to us, Australians all, at the conclusion of the central bank's board meeting on April 6 when ...

Westpac considering NZ demerger

ANNABELLE DICKSON  |  THURSDAY, 25 MAR 2021
... material failures to report liquidity correctly, in line with the Reserve Bank's liquidity requirements," RBNZ deputy governor Geoff Bascand said. "Furthermore, the bank has continued to operate outside of its own risk settings for technology for a number ...

Chief economist update: What a difference an Australian year makes

BENJAMIN ONG  |  MONDAY, 22 MAR 2021
... that, the RBA is taking no chances. In his recent remarks to the Melbourne Business Analytics Conference on March 15, RBA governor Philip Lowe, stressed that: "The RBA is doing what it can to support the recovery from the pandemic and will maintain that ...

Must prepare for demise of LIBOR: RBA

ELIZA BAVIN  |  FRIDAY, 19 MAR 2021
... Australia (RBA) has told financial institutions they must be prepared for the "imminent demise" of LIBOR. RBA assistant governor (financial markets) Christopher Kent said as the deadline for LIBOR is fast approaching, financial institutions must ensure ...