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Showing 101 - 110 of 178 results for "Philip Lowe"

Chief economist update: RBA repeats history

BENJAMIN ONG | FRIDAY, 22 MAR 2019

The Reserve Bank of Australia (RBA) may not even need to acquiesce to mounting consensus expectations for at least one interest rate cut this year after the Australian Bureau of Statistics' (ABS) good news on the country's unemployment rate ...

Banks must prioritise NPP, says Reserve Bank

ELIZABETH MCARTHUR | TUESDAY, 19 MAR 2019

The $1 billion New Payment Platform seems to be another headache for the big banks. Reserve Bank governor Philip Lowe asked the chief executives of the big four to confirm they are putting significant resources into rolling out the high speed payment ...

Chief economist update: Cash rate should be 1%

BENJAMIN ONG | THURSDAY, 7 MAR 2019

... household consumption. There's also the negative wealth effect from falling property prices. Yet, RBA governor Philip Lowe doesn't seem perturbed. Lowe told his audience at the AFR Business Summit yesterday that "the "wealth effect" on consumer ...

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG | WEDNESDAY, 6 MAR 2019

As expected, the Reserve Bank of Australia (RBA) did nothing to monetary policy after the conclusion of its second board meeting this year. It kept the official cash rate at a record low, predicated on the same rationale it put forth at its February ...

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

... not, "...lower interest rates might be appropriate at some point. We have the flexibility to do this if needed." - Philip Lowe

Chief economist update: RBA still in denial

BENJAMIN ONG | WEDNESDAY, 6 FEB 2019

... 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 record 30th ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG | MONDAY, 4 FEB 2019

... 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 board are scheduled to hold their first monthly monetary policy meeting for ...

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

BENJAMIN ONG | THURSDAY, 1 NOV 2018

Will the next move in the official cash rate, as Reserve Bank of Australia (RBA) Governor Philip Lowe put it, likely "be up, rather than down"? To answer this, we have to look at the RBA's mandate of full employment and meeting an "agreed medium-term ...

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

BENJAMIN ONG | THURSDAY, 9 AUG 2018

... 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 spoke about ...

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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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