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Showing 91 - 100 of 198 results for "RBA Governor"

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
What's the time Mr Wolf? It's time to go Philip! It's time for RBA governor Philip Lowe to go and cut interest rates. Perhaps impatience may have gotten the better of me for it's only been two weeks since the Australian central bank ...

Chief economist update: The RBA capitulates

BENJAMIN ONG  |  THURSDAY, 7 FEB 2019
N-E-U-T-R-A-L! It was a hard slog swimming against the tide, but this space has finally been vindicated by RBA Governor Philip Lowe's change of heart with regards to guidance on Australian monetary policy. The next move in "interest rates is likely ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... consistent with sustainable growth in the economy and achieving the inflation target over time." That's what RBA Governor Philip Lowe said yesterday in his monetary policy statement, explaining the rationale behind the Australian central bank's ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... point where it could threaten our medium-term objective, then we would not restrict the economy's growth," Former RBA Governor Ian Macfarlane Current Reserve Bank of Australia (RBA) governor Philip Lowe and the distinguished men and women of the ...

Chief economist update: Australia's low(er)-flation

BENJAMIN ONG  |  THURSDAY, 1 NOV 2018
... stagnant in the coming quarters. It'll be hard for inflation to pick up until wages growth picks-up. Recall former RBA Governor Glenn Stevens' words: "As wages are the largest component of business costs, the outlook for wage growth is particularly ...

Chief economist update: Younger migrants and the elderly keep wages low

BENJAMIN ONG  |  THURSDAY, 9 AUG 2018
... October 2004 to 24 million in January 2016. See here for more details. The release is quiet timely for it provided RBA Governor Philip Lowe something new to talk about at his address to Anika Foundation Luncheon in Sydney the day after. Of course, Lowe ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... Australia's (RBA) 2%-3% target band. Inflation would find it hard to pick up until wages growth picks-up. Recall former RBA Governor Glenn Stevens' words: "As wages are the largest component of business costs, the outlook for wage growth is particularly ...

Chief economist update: A pretty picture of the labour market

BENJAMIN ONG  |  FRIDAY, 20 JUL 2018
... inflation would rise and be sustained at its 2%-3% target. For this to happen, wages growth has to lift. Recall former RBA Governor Glenn Stevens' words; "As wages are the largest component of business costs, the outlook for wage growth is particularly ...

Super fund chair appointed to NSW Generations Fund

KANIKA SOOD  |  WEDNESDAY, 4 JUL 2018
The chair of a $42 billion government superannuation fund and a former RBA Governor are joining the advisory board of New South Wales' new sovereign wealth fund. The state has also appointed its first chief economist. State Super chair Nicholas ...

Chief economist update: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
... already cut rates mainly due to the stagnation in wages growth which is a negative for both inflation and growth. RBA Governor Philip Lowe's statement at the central bankers' conference in Sintra, Portugal shot me down... "I remain confident ...