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Showing 131 - 140 of 4332 results for "Bank of"

Iress adds AI chief to drive innovation

MATTHEW WAI  |  FRIDAY, 15 AUG 2025
... years. Before AWS, he was a program leader in IT for three of the four major banks in Australia - Westpac, Commonwealth Bank of Australia and NAB between 2008 and 2017. He also brings experience from Citibank and DXC Technology earlier in his career. ...

Unemployment falls, more women enter the workforce

ELIZA BAVIN  |  FRIDAY, 15 AUG 2025
... said the data shows a continued resilience with the Australian labour market which would be positive news for the Reserve Bank of Australia (RBA) going forward. "Employment growth was in line with consensus forecasts and average monthly employment growth ...

RBA cuts rates, experts debate next moves

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
As widely anticipated, the Reserve Bank of Australia (RBA) delivered a 0.25% interest rate cut at the August meeting, bringing the official cash rate down to 3.6%. The RBA board noted that the easing in inflation alongside a softening in the labour ...

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
Commonwealth Bank of Australia (CBA) said it has provisioned $52 million for remediation purposes as it finalises various class actions, including those related to superannuation and advice. CBA said the group is still defending two superannuation class ...

RBA cut 'highly likely', but caution remains

ELIZA BAVIN  |  MONDAY, 11 AUG 2025
Economists and experts are anticipating another interest rate cut to be delivered by the Reserve Bank of Australia (RBA) at its August meeting tomorrow. T. Rowe Price co-portfolio manager of the dynamic global bond strategy Scott Solomon said unlike ...

Chalmers unveils Economic Reform Roundtable agenda

ELIZA BAVIN  |  TUESDAY, 5 AUG 2025
... attraction and business management. It will also include addresses from Prime Minister Anthony Albanese, Chalmers and Reserve Bank of Australia (RBA) Michele Bullock. The second day will see Productivity Commission chair Danielle Wood present on productivity ...

Overcoming the three-body problem in advice

JAMIE WILLIAMSON  |  FRIDAY, 1 AUG 2025
... and late March 2009. US households lost US$16.4 trillion; about 20% of household wealth. Further, using Federal Reserve Bank of St Louis data, Innova deputy portfolio manager and senior investment analyst Rafio Khan demonstrated that between 1951 and ...

RBA cut all but certain: Experts

ELIZA BAVIN  |  WEDNESDAY, 30 JUL 2025
... was 2.7% to the June quarter, down from 2.9% to the March quarter." With inflation now well and truly within the Reserve Bank of Australia's (RBA) target range of 2-3%, KPMG chief economist Brendan Rynne said there is "nothing stopping the RBA from cutting ...

Bullock reaffirms RBA's 'gradual easing' policy

ELIZA BAVIN  |  FRIDAY, 25 JUL 2025
Reserve Bank of Australia (RBA) governor Michele Bullock has reaffirmed the central bank's policy of gradually easing interest rates, as economists continue to price in a cut next month. Speaking at the Anika Foundation Fundraising Lunch, Bullock said ...

Future Generation delivers 10.8%, increases dividend

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025
... Accumulation Index by 0.9%, largely due to the concentrated performance of a few large-cap names such as Commonwealth Bank of Australia, which accounts for 11% of the index," Gurney said. Meanwhile, Future Generation chair Philip Lowe said the board ...