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Showing 121 - 130 of 1003 results for "Cash rate"

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 ...

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
... inflows will show up'," she said. "In a world today where all investors have to think about liquidity more so as the cash rate is so much higher and real rates are the highest we've seen in a very long time, that becomes even more important for ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
... Australia (RBA) assistant governor Christopher Kent has punctuated that beyond the cash-flow channel, where a rise in the cash rate leads to higher interest payments for those with debt, there exists other avenues through which monetary policy influences ...

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
... access to global private credit and will target a total net return equivalent to the Reserve Bank of Australia (RBA) cash rate plus 8%. It follows a $200 million commitment from Washington H. Soul Pattinson as part of a joint venture with the fund manager ...