Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 111 - 120 of 996 results for "Cash Rate"

Experts expect the RBA to hold: Finder

CHLOE WALKER  |  MONDAY, 15 JAN 2024
An overwhelming majority of experts and economists (89%) expect the Reserve Bank of Australia (RBA) to hold the cash rate in February, according to the latest Finder RBA Cash Rate Survey. The study, which surveyed 19 experts and economists, also found ...

Infrastructure's diversification benefits timely: Clearbridge

CHLOE WALKER  |  WEDNESDAY, 10 JAN 2024
While infrastructure's inflation pass-through supported earnings in 2023, its defence and diversification could make it valuable in 2024, says Clearbridge Investments. According to Clearbridge portfolio manager Nick Langley, increasing earnings ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... incomes, leading to weak household consumption and dwelling investments. She further explained that maintaining the current cash rate is necessary to evaluate the impact of the interest rate increases on demand, inflation, and the labour market. "The ...

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... the new governor Michele Bullock, the RBA's commentary also hasn't indicated a sense of urgency to raise the cash rate imminently," she said. Mousina explained that sales have been softer since the last rate hike in October. However, she cautioned ...

Inflation problem is homegrown: Bullock

KARREN VERGARA  |  FRIDAY, 24 NOV 2023
... that the minutes affirmed a tightening bias by stating that forecasts were predicated on "one to two increases in the cash rate over coming quarters".

MA Financial issues first RMBS

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
MA Financial's lending business, MA Money, has completed its inaugural residential mortgage-backed securities (RMBS) issuance, amounting to $500 million. The transaction was initially launched at $400 million but was later increased due to high demand ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
Australia's major banks have achieved skyrocketing returns of $32.5 billion, up 14% from last year, driven by loan growth, margin expansion and the continued decline in notables. This year, profits exceeded the previous record set in 2017 at $31.2 ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... unemployment, stimulatory fiscal policy, and government wages policy which is adding to inflation. "The RBA hiked the cash rate in November by 25 basis points to 4.35% as widely expected," the report said. "Our expectation of the RBA's reaction function ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
The Reserve Bank of Australia (RBA) hiked the cash rate to 4.35% as it continues to grapple with subduing inflation. RBA governor Michele Bullock yesterday pushed up the base rate by another 25 basis points, saying that while inflation in Australia ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... As recently as yesterday, RBA governor Michele Bullock made it clear that the board "will not hesitate" to raise the cash rate further if there's a material upward revision to the outlook for inflation. Subsequently, Miller argues that not only is a ...