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Showing 111 - 120 of 3055 results for %22Reserve Bank of Australia%22

Lending to small businesses increases: Survey

KARREN VERGARA  |  MONDAY, 20 MAR 2023
... than 55% of businesses expecting to grow, despite growing economic challenges," the survey showed. According to the Reserve Bank of Australia, small and medium enterprises are around twice as likely to default on their loans compared to mortgage customers ...

Spirit Super appoints deputy chief investment officer

ELIZABETH FRY, JAMIE WILLIAMSON  |  FRIDAY, 17 MAR 2023
... Frontier, he was an economic advisor to the Northern Territory Government and has also held roles with Macquarie and the Reserve Bank of Australia. Commenting on his appointment, Naylor said it's an exciting time for Spirit Super as it looks to undertake ...

abrdn loses global chief economist

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2023
... he held a raft of roles with the Institute of International Finance, the OECD, and was a senior economist at the Reserve Bank of Australia following a stint as Kevin Rudd's climate policy advisor leading up to the 2007 election. In a LinkedIn post, Lawson ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... for retirees, who worry that their retirement income may not be enough to sustain their cost of living. Even if the Reserve Bank of Australia (RBA) returns inflation back to its 2-3% target range by 2025, which RBA governor Philip Lowe called a "fantastic ...

We are closer to a pause: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 8 MAR 2023
The Reserve Bank of Australia (RBA) delivered its tenth consecutive rate hike, raising the cash rate by 25bps to 3.60%, however RBA governor Philip Lowe signaled a break could be in sight. "We are closer to a pause," Lowe said today while speaking at ...

ART appoints new board, investment committee members

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... as director-general of the Departments of Housing and Community Services. Meanwhile, former deputy governor of the Reserve Bank of Australia Guy Debelle has been appointed as an external advisor to the ART investment committee. Debelle also serves as ...

Minutes show RBA considered 50bp rise

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
The Reserve Bank of Australia contemplated raising interest rates by 50 basis points when it met earlier this month but ultimately determined the case for a 0.25% increase was stronger. In the February 7 meeting minutes released this morning, the RBA ...

Unemployment rate rises to 3.7%

ANDREW MCKEAN  |  FRIDAY, 17 FEB 2023
... fallen recently, and it seems that the labour market is starting to loosen." Bloxham said this is good news for the Reserve Bank of Australia (RBA), as it will take pressure off wages growth and inflation. "Falling employment and a rising unemployment ...

We did too much: Lowe

CASSANDRA BALDINI  |  FRIDAY, 17 FEB 2023
Fronting another parliamentary hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe acknowledged the central bank incorrectly predicted rates wouldn't rise until 2024, admitting he's embarrassed. Lowe explained that the pandemic ...

I know it's hard, but it could be harder: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
Appearing at a Senate hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe said people have forgotten how corrosive inflation is. The governor explained the RBA has one priority and that is to bring inflation down. "Inflation at the moment ...