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Showing 131 - 140 of 2020 results for "RBA"

Australian economy on the up in 2025: Vanguard

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... Additionally, it predicts the core inflation rate will fall to 2.5% during 2025, and that the Reserve Bank of Australia's (RBA) cash rate will be lowered to 3.5% from the current 4.35% level by year end. Pointing to Wednesday's Consumer Price Index (CPI) ...

Monetary policy to underscore 2025 allocations

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
... the same concerns they had at the start of 2024, with interest rates and inflation to dominate once again. Last November, RBA governor Michele Bullock indicated the central bank views its settings as restrictive and intends to keep rates that way for ...

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
... months to November 2024, but trimmed mean inflation came in at 3.2% - still tracking above the Reserve Bank of Australia's (RBA) target range of 2-3%. Speaking at a press conference after the inflation figures were released, Treasurer Jim Chalmers put ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
... higher than CPI inflation as it removed large price falls for electricity and automotive fuel." The Reserve Bank of Australia (RBA) has said inflation needs to be "sustainably within the 2-3% target range". VanEck head of investments Russel Chesler said ...

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
... ASIC advised that it will review a detailed incident report compiled by the ASX to fully understand the issue. "ASIC and the RBA continue to engage with the ASX with the immediate focus on resolution of the settlement issue and the ongoing stabilisation ...

New tool will streamline regulation: Chalmers

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... and implementation of reforms. The RIG houses a forward program of key initiatives from agencies including ASIC, APRA, ACCC, RBA, ATO, AUSTRAC and ASFA. "It will particularly support smaller financial sector businesses navigate upcoming changes to the ...

Chalmers unveils new-look RBA boards

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
Treasury has appointed two new members to the Reserve Bank of Australia's (RBA) monetary policy board as well as announcing who will take on roles on the governance board. This comes after a review of the RBA suggested splitting to board in two ...

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... may push back hopes for an interest rate cut early next year. "A spike in the unemployment rate would be a red flag for the RBA and strengthen the case for an earlier rate cut. However, the data released today shows the unemployment rate for November ...

RBA 'paves way' for February rate cut

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
The Reserve Bank of Australia (RBA) surprised no one by leaving the official cash rate on hold at 4.35% at its final meeting of the year. While this was the ninth consecutive month the central bank has kept the cash rate steady, the decision was met ...

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
The Reserve Bank of Australia (RBA) will deliver its final interest rate decision today, with a hold predicted by most experts. The RBA has kept rates on hold at 4.35% all year, despite other global central banks having begun a rate cutting cycle. But ...