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Showing 131 - 140 of 1829 results for %22RBA%22

RBA tipped for another rate rise

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
For a fifth consecutive month, the Reserve Bank of Australia (RBA) is expected to lift its rates, according to experts from T.Rowe Price, HSBC, and Janus Henderson. "Last month, we predicted the RBA would again hike 50 basis points (bps) at the October ...

RBA progresses digital currency project

CASSANDRA BALDINI  |  TUESDAY, 27 SEP 2022
The Digital Finance Cooperative Research Centre (DFCRC) and the Reserve Bank of Australia (RBA) have released joint research report, providing an update on the possible central bank digital currency (CBDC) the two are exploring. The report titled Australian ...

Consultation opens on crypto regulation bill

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... its facilitators which are predominantly Chinese state-owned banks, disclose data to APRA and the Reserve Bank of Australia (RBA) on its use in Australia. In a speech to the Blockchain Association Forum Summit, Bragg explained: "The bill requires that ...

Aura Group launches term deposit fund

CHLOE WALKER  |  FRIDAY, 9 SEP 2022
... counterparty and liquidity risk on behalf of its investor base, Aura said the fund will also target a gross return in excess of the RBA Bank Accepted Bills 90 Days monthly average rate and a positive net return. To maintain an adequate degree of liquidity ...

RBA signals further interest rate rises

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
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 ...

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
According to Finder's RBA Cash Rate survey, 97% of economists and experts have forecast that the Reserve Bank of Australia (RBA) will increase the cash rate today. The survey found that almost two-thirds of respondents predicted a rise of 50 basis ...

Strong wage growth lags inflation

ANDREW MCKEAN  |  THURSDAY, 18 AUG 2022
... rising wages suggest labour market strength is now flowing through to wages, which should keep the Reserve Bank of Australia (RBA) confident that wages will support household income, Barclays upheld. "We continue to expect three more 25 basis point hikes ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
... interest rates begin to weigh on household budgets." Meanwhile, ANZ-Roy Morgan consumer confidence levels dropped after the RBA raised interest rates for the fourth straight month, increasing the cash rate by 0.5% to 1.85%. ANZ head of Australian Economics ...

Reserve Bank explores digital currency potential

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
The Reserve Bank of Australia (RBA) is launching a one-year research programme into the case for a central bank digital currency (CBDC). Partnering with the Digital Finance Cooperative Research Centre (DFCRC), the project will seek to identify innovative ...

RBA lifts cash rate to 1.85%

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
The Reserve Bank of Australia (RBA) has chosen to increase the cash rate by 50 basis points to 1.85%, consequently, this is now a fourth consecutive monthly rate rise. The RBA's decision comes as it continues its attempt to return inflation to its 2-3% ...