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Showing 91 - 100 of 178 results for "Philip Lowe"

RBA in no rush to lift cash rate

KANIKA SOOD | FRIDAY, 26 JUL 2019

Investors should brace for the 1% cash rate environment to continue, after Reserve Bank of Australia governor Philip Lowe turned the spotlight to the stubborn inflation rates at a Sydney lunch yesterday. Speaking at Anika Foundation Luncheon, Lowe said ...

Chief economist update: Hard target

BENJAMIN ONG | WEDNESDAY, 10 JUL 2019

... 4 - the night after the afternoon when the central bank announced its first rate cut since August 2016 - governor Philip Lowe declared 4.5% is the unemployment rate at which wages start to lift and feed into inflation. Latest data show Australia's ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG | FRIDAY, 28 JUN 2019

... about it, for sure and for certain the Reserve Bank of Australia (RBA) will cut interest rates again. RBA governor Philip Lowe told us so when he addressed the Committee for Economic Development of Australia (CEDA) event in Adelaide on June 20. Talking ...

Chief economist update: The path of monetary policy according to Lowe

BENJAMIN ONG | WEDNESDAY, 5 JUN 2019

"Toto, we're not in Kansas anymore." The Reserve Bank of Australia's (RBA) decision to cut the official cash rate to a fresh record low of 1.25% takes the country's monetary policy into uncharted waters. More uncharted it would be if JP ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG | TUESDAY, 4 JUN 2019

Reserve Bank of Australia governor Philip Lowe is set to be remembered in history as the man who took Australia's official cash rate from a historic low of 1.5% - set under Glen Stevens one month before he stepped down as RBA head honcho in September ...

Chief economist update: The power of one

BENJAMIN ONG | TUESDAY, 28 MAY 2019

"The heat is on, the heat is on, the heat is on Oh it's on the street, the heat is on..." - Glenn Frey Oh yes, Virginia, the Reserve Bank better deliver a cut in interest rates when its board meets next week (June 4) or there'll be a lot of ...

Chief economist update: Like Britney Spears, Financial Standard's done it again

BENJAMIN ONG | THURSDAY, 23 MAY 2019

... and inflation parameters at the time. It took two months and a few days before Reserve Bank of Australia governor Philip Lowe came around to Financial Standard 's view, admitting as much, when he delivered his address before the Economics Society ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG | WEDNESDAY, 22 MAY 2019

Reserve Bank of Australia (RBA) governor Philip Lowe provided the clearest indication yet that the Australian central bank is poised to cut interest rates, potentially at its June 4 meeting. The transcript of Lowe's speech - titled 'The Economic ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG | WEDNESDAY, 8 MAY 2019

Nothing. Nada. Zilch. Despite high expectations that it would leading up to its May Board meeting, the Reserve Bank of Australia (RBA) didn't only NOT cut the official cash rate - it kept it unchanged at a record low 1.5% - it also maintained its ...

Chief economist update: Lock in two RBA rate cuts

BENJAMIN ONG | FRIDAY, 26 APR 2019

... more in the future". The RBA's reticence to cut interest rates earlier - recall that this space had been urging Philip Lowe and Co to reduce rates way back in June last year (back when "experts" were still predicting one, maybe two, RBA rate HIKES ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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