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Showing 141 - 150 of 8928 results for "Economics"

abrdn chief economist rejoins Reserve Bank

ELIZABETH FRY  |  MONDAY, 8 MAY 2023
... Kent as well as with everyone else in the department and across the bank. "I will also get to use the extensive climate economics and policy skills I've been fortunate to develop over the years." As a central bank official, Lawson won't be posting ...

AustralianSuper hires investment lead in Europe

ELIZABETH FRY  |  FRIDAY, 5 MAY 2023
... billion of sterling, euro and dollar multi-asset portfolios for Coutts UK and other banks. In 2012, Astorri joined Oxford Economics and held the title of head of investor scenario service before moving to Australia's largest superannuation fund.

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... the cash rate up another 25 basis points to 3.85% but, in a new podcast episode, Commonwealth Bank head of Australian economics Gareth Aird says he wasn't one of them. Aird said CBA was accurate in its prediction that the RBA pause was simply just ...

More misfortune for Magellan

CHLOE WALKER  |  THURSDAY, 4 MAY 2023
Once again, Magellan Financial Group has experienced a drop in its total funds under management (FUM), falling a further $0.5 billion. It saw net outflows of $2.4 billion, comprising net retail outflows of $0.4 billion and net institutional outflows ...

US Federal Reserve hikes interest rates

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
In a widely anticipated move, the US Federal Reserve has raised interest rates by 25 basis points, elevating the target range to 5% - 5.25%, marking the highest level in 16 years. The central bank's decision comes as part of its ongoing commitment ...

Reserve Bank raises cash rate to 3.85%

JAMIE WILLIAMSON  |  TUESDAY, 2 MAY 2023
The Reserve Bank of Australia (RBA) has opted to increase the cash rate target to 3.85%. Meeting today, the RBA board chose to go with a 25 basis point increase, and also increased the rate paid on Exchange Settlement balances by 25 basis points to ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... in the first half of 2024 as a building output gap reinforces the trend of disinflation," he said. Meanwhile, Equity Economics lead economist Angela Jackson said: "The latest inflation figures will provide enough justification for the RBA board to move ...

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
The Australian Bureau of Statistics (ABS) has reported a decrease in inflation, with the Consumer Price Index (CPI) falling to 7% in the March quarter. ABS head of prices statistics Michelle Marquardt attributed the decrease in inflation to a fall in ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... staff and workplace culture issues and ultimately lead to better outcomes for our members." Deloitte head of access economics Pradeep Philip added the core change to hand over cash rate control to the new board is a "significant departure" from the usual ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
A major overhaul is in store for the Reserve Bank of Australia, with the widely anticipated review putting forth 51 recommendations, with particular consideration given to how cash rate decisions are made. Released today, An RBA fit for future comes ...