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Showing 111 - 120 of 1835 results for %22RBA%22

Recession risk for Australia minimal: Forum

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
... Bank of Australia's target range to close out the year." Inflation hit a whopping 7.8% at the end of 2022, spurring the RBA to ratchet up the cash rate even further. After a long hiatus at 10 basis points, the cash rate grew to 3.35% in February ...

Things to watch this reporting season: Morningstar

ANDREW MCKEAN  |  MONDAY, 13 FEB 2023
As the Reserve Bank of Australia (RBA) continues to hike rates, the market should brace for a potential slowdown in 2023, Morningstar says. Morningstar warned of the looming impact of the RBA's aggressive interest rate hikes, saying the Australian economy ...

Inflation expected to have peaked: RBA

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
The Reserve Bank of Australia (RBA) has forecast that headline CPI (7.8%) is expected to be the peak in this economic cycle. In a monetary policy statement, the RBA said CPI is still high, affecting a range of goods and services. Global factors such ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
The Reserve Bank of Australia (RBA) has hiked interest rates to 3.35%, signalling that there are more rate rises ahead. Despite moderating global inflation, high CPI inflation in Australia (7.8%), driven by both domestic demand and global factors, remains ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
The Reserve Bank of Australia (RBA) is widely tipped to lift the cash rate by 25 basis points today to fight ongoing inflationary pressure. According to HSBC chief economist Paul Bloxham, inflation is too high and there's yet to be clear evidence ...

Inflation remains high priority in 2023: Treasurer

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
... economic agenda this year but not the only part. He said: "There'll be a new Tax Expenditure Statement this month, we receive the RBA Review next month, there'll be an Employment White Paper and an Intergenerational Report." The Treasurer added this ...

Aussie shares to continue outperformance: Oliver

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... shares on 15.3 times and US shares on 17.1 times. On monetary tightening, Oliver said that the Reserve Bank of Australia (RBA) policy is no longer relatively tight compared to other major central banks, including the Federal Reserve. "It has been taking ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... peaked at around 8% in Q4 2022 and to gradually decline as near-term pressures wane, reaching the Reserve Bank of Australia (RBA) inflation target band (2-3%). With these risks in mind, the IMF made several fiscal and monetary policy recommendations. ...

Bonds are back: GSFM

CHLOE WALKER  |  WEDNESDAY, 25 JAN 2023
... will be shallow - so I'm quite optimistic on US markets." Closer to home, and in contrast to the Fed, Miller believes the RBA has stumbled in its management of inflation. "I think the RBA and local rate markets continue to underestimate inflation momentum," ...

Australia likely to avoid recession: Oliver

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
... optimism," Oliver said. "While 2023 is likely to remain volatile, easing inflation, central banks getting off the brakes (with the RBA at or close to the peak on rates), economic growth likely stronger than feared, and improved valuations should make ...