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| | | ... currently serves as director of the Victorian Funds Management Corporation, deputy chair of Infrastructure Victoria, board governor of the CFA Institute, member of the Queensland State Investment Advisory Board and external director of the Dexus Wholesale ... |
| | | | At the Reserve Bank of Australia (RBA) board dinner, governor Phillip Lowe expressed that interest rates will need to go higher to bring inflation back to target. After a seventh straight rate rise, whereby the bank lifted the interest rate to 2.85% ... |
| | | | ... surprise but, in reality, a move to 50 basis points would mean a sharp U-turn in thinking from the RBA," Solomon said. "Governor Lowe is intent on allowing effects from prior hikes to flow through to main street. He's acutely aware that many mortgages ... |
| | | | At the Commonwealth Bank Global Markets conference, Reserve Bank of Australia (RBA) assistant governor Christopher Kent said inflation is too high in most economies, reflecting disruptions to supply coupled with strong demand. In his presentation, Kent ... |
| | | | Australia's retirement system has been awarded a B+ by Mercer and the CFA Institute in their 2022 Global Pension Index, ranking sixth overall for the second consecutive year. The index covers 44 retirement systems around the world, measuring them on ... |
| | | | ... Though, it was flagged that further rate hikes will likely be required over the period ahead. On the policy decision, RBA governor Phillip Lowe said: "The cash rate has been increased substantially in a short period of time." "Reflecting this, the board ... |
| | | | ... associate portfolio manager Scott Solomon said. "Shortly after the September release, we applauded the suggestion by Governor Lowe that they were open to a step back to 25bps. However, the subsequent macro environment makes a 25bp hike potentially burdensome." ... |
| | | | ... her loss." Abrdn, BlackRock, Mercer, Schroders also shared their condolences. In announcing The Queen's passing, Governor General David Hurley said: "I join all Australians in mourning and reflecting on Her Majesty's lifetime of tireless service." ... |
| | | | Reserve Bank of Australia (RBA) governor Phillip Lowe has said the board will do what's necessary to ensure inflation in Australia returns to target. At its meeting yesterday, the board increased the cash rate target by 50 basis points to 2.35%. "The ... |
| | | | Former Bank of England governor Mark Carney will become chair of Brookfield Asset Management when it lists separately in November. Carney will take on the role in addition to his other responsibilities as head of transition investing. He is currently ... |
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