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Showing 121 - 130 of 1044 results for "Governor"

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 ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
... their public statements and record of prioritising ESG initiatives over shareholder return." In August 2022, Florida Governor Ron DeSantis and the trustees of the US$253.1 billion State Board of Administration (SBA) have banned ESG from considerations ...

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

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... inflation, high CPI inflation in Australia (7.8%), driven by both domestic demand and global factors, remains a challenge, RBA governor Phillip Lowe said. The RBA is prioritising restoring inflation to its target range of 2-3%, with an eye towards maintaining ...

Financial services leaders recognised: 2023 Australia Day Honours

ANDREW MCKEAN  |  FRIDAY, 27 JAN 2023
... On his award, Gunesekera said he felt honoured and humbled, never expecting to be recognised in such an amazing way. Governor-General of Australia David Hurley commented that the recipients have had a significant impact at the local, national and international ...

Regulators urge ASX to maintain CHESS

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... its replacement. This supplemented a joint letter of expectations ASIC and the RBA issued to the ASX last month. RBA governor Phillip Lowe said: "The RBA expects the highest priority to be given to ensuring the stability and resilience of the critical ...

RBA set to lift the cash rate again

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
... will have to move the policy rate up much further." Meanwhile, Vantage Markets market analyst Daniel Moss commented: "Governor Phillip Lowe and his colleagues at the RBA are expected to raise the official cash rate by 25-basis points at their last meeting ...

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
... for insurance and superannuation 18 months. "But with the legislation yet to pass the Senate, it's not clear when the Governor-General will give his stamp of approval," he said. He advised that APRA and ASIC are working closely together to jointly administer ...

RBA governor cites climate, energy transition in inflation response

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
Reserve Bank of Australia governor Philip Lowe cited climate change and the transition to renewable energy as two of four longer-term changes to the global economy that are "likely to affect the dynamics of inflation, central bank policy and the way ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... with their public statements and record of prioritising ESG initiatives over shareholder return." In August, Florida Governor Ron DeSantis and the trustees of the US$253.1 billion State Board of Administration (SBA) have banned ESG from considerations ...