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Showing 121 - 130 of 3620 results for %22Reserve Bank%22

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
Economists are split on the Reserve Bank of Australia's (RBA) upcoming decision on whether to raise the cash rate from 3.6%. The major banks are at odds: ANZ and NAB forecast a 25 basis point cash rate hike, while Commonwealth Bank and Westpac anticipate ...

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... banks and financial institutions to disclose their use and management of foreign CBDCs in Australia to ASIC and the Reserve Bank of Australia (RBA). "The Digital Assets Bill will put Australia back into the race to regulate," Bragg said. "Australia can ...

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
The Consumer Price Index (CPI) has slowed to 6.8% from its record high of 7.3%, adding to theories the Reserve Bank of Australia will pause rate hikes. RBA governor Philip Lowe previously explained the board needed four pieces of domestic data to properly ...

We sit at a watershed moment: Paton

CHLOE WALKER  |  THURSDAY, 30 MAR 2023
... will be set against the backdrop of continued low unemployment, inflation is forecast to soften but remain above the Reserve Bank of Australia's targets, and the terminal interest rate setting seems to be within one or maybe two final returns. "After ...

Rest switches up recruitment focus

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
... central banks will stop raising rates and then predict the implications for equity markets," he says. He reckons the US central bank is fixated on reading inflation and job numbers and, within its mandate, it will do its best. "So, we need to be honest ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... hikes, however recent instability has economists recalibrating their view. The coin is being tossed ahead of the Reserve Bank of Australia's (RBA) meeting next month, with suggestions that an eleventh consecutive rate rise is not completely off the ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
... directions power, civil penalties, and enforceable undertakings. In addition to ASIC's increased authority, the Reserve Bank of Australia (RBA) will be granted powers to set rules for the conduct of clearing and settlement service facilities. Meanwhile ...

US Fed hikes rates amid banking turmoil

ANDREW MCKEAN  |  THURSDAY, 23 MAR 2023
Amid banking turmoil, the US Federal Reserve announced a rate hike to combat inflation. Recent economic indicators revealed modest growth in US spending, production, and strong job gains, with low unemployment and persistent inflation concerns. As such ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... couples living modestly in this age range spent $41,477 in the last year. In hiking the base rate to 3.60% on March 7, Reserve Bank of Australia governor Philip Lowe said global inflation remains very high, but at home it seems as though inflation has ...

Super a big national advantage: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... around the country." He said if you combine that with global uncertainty, it's easy to see why Treasury and the Reserve Bank of Australia expect a slower economy. "We've got a lot coming for us around the world, but we've got a lot going ...