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

Search Results

Showing 121 - 130 of 223 results for "RBA Governor"

Chief economist update: Younger migrants and the elderly keep wages low

BENJAMIN ONG  |  THURSDAY, 9 AUG 2018
... October 2004 to 24 million in January 2016. See here for more details. The release is quiet timely for it provided RBA Governor Philip Lowe something new to talk about at his address to Anika Foundation Luncheon in Sydney the day after. Of course, Lowe ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... Australia's (RBA) 2%-3% target band. Inflation would find it hard to pick up until wages growth picks-up. Recall former RBA Governor Glenn Stevens' words: "As wages are the largest component of business costs, the outlook for wage growth is particularly ...

Chief economist update: A pretty picture of the labour market

BENJAMIN ONG  |  FRIDAY, 20 JUL 2018
... inflation would rise and be sustained at its 2%-3% target. For this to happen, wages growth has to lift. Recall former RBA Governor Glenn Stevens' words; "As wages are the largest component of business costs, the outlook for wage growth is particularly ...

Super fund chair appointed to NSW Generations Fund

KANIKA SOOD  |  WEDNESDAY, 4 JUL 2018
The chair of a $42 billion government superannuation fund and a former RBA Governor are joining the advisory board of New South Wales' new sovereign wealth fund. The state has also appointed its first chief economist. State Super chair Nicholas ...

Chief economist update: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
... already cut rates mainly due to the stagnation in wages growth which is a negative for both inflation and growth. RBA Governor Philip Lowe's statement at the central bankers' conference in Sintra, Portugal shot me down... "I remain confident ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... in Southeast Asia. "I hope that this escalation could be rescinded. This is a matter of great concern for Japan." RBA Governor Philip Lowe: "It wouldn't take much for the financial markets combined with businesses waiting to turn this into a very ...

Chief economist update: A prelude to an RBA cut?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2018
... at a record low 1.5% following its June 5 board meeting. Except for a few tweaks in the wordings here and there, RBA Governor Philip Lowe's statement was more or less a copy and paste exercise of what was said after the May 1 meeting. "The recent ...

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
... Bank of Australia (RBA) when it meets at 2.30pm today for its monthly monetary policy deliberations. Yes Virginia, RBA Governor Philip Lowe has already gone on record that the next move in interest rates will be up but financial markets don't expect ...

RBA names new chief information officer

ALEX BURKE  |  FRIDAY, 27 APR 2018
... needs," the RBA said. Benedict's appointment follows the RBA deciding to leave the cash rate at 1.5%. Explaining this, RBA Governor Philip Lowe said: "The low level of interest rates is continuing to support the Australian economy. Further progress in ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
... inflation rate. Is it when "core inflation" reaches 2.0% that they start lifting interest rates, or would it be 3.0%? RBA Governor Philip Lowe's address to the Australia-Israel Chamber of Commerce in Perth on April 11 offers a clue: Governor Lowe listed ...