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Showing 141 - 150 of 2465 results for "Monetary"

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... 2024 are high, having benefited from elevated commodity prices as a commodities exporter, relatively less restrictive monetary policy and supportive fiscal policy. Wang expects to see Australian consumer sentiment moderately improve in the coming months ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... line with recent indications from Fed chair Jerome Powell against a March interest rate cut. Regarding today's RBA monetary policy meeting, a Finder survey of 27 economists unanimously predicted the cash rate will remain unchanged.

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... Australian economic growth is slowing due to tighter macroeconomic policies and financial conditions, but the International Monetary Fund (IMF) maintains a robust outlook. In an annual review of Australia's economy, the IMF reported a decrease in economic ...

AFCA amends consumer compensation caps

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... complainant is entitled to compensation for indirect financial loss, AFCA caps this at $6300, up from $5400. AFCA adjusts its monetary limits every three years in line with the higher of the percentage increase in the Consumer Price Index and the Male ...

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... government's fiscal strategy, which has prioritised spending restraint and capitalising on revenue upgrades, aims to complement monetary policy in reducing inflationary pressures. This approach has led to a decrease in deficits and public debt projections ...

Mild recession in 2024, higher interest rates: Vanguard

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... the second half of 2024. "However, Vanguard research offers evidence that the neutral interest rate - the rate at which monetary policy is neither expansionary nor contractionary - has increased, driven primarily by demographics, productivity growth ...

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... perspective to the Bank and the leadership team." Today, Bullock and the RBA board agreed to a new Statement on the Conduct of Monetary Policy released by treasurer Jim Chalmers. This statement reaffirms the government's commitment to RBA independence ...

Macro environment trumps inflation for asset owners: Research

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... managing a volatile macroeconomic environment as they attempt to recoup massive losses, a new study shows. The Official Monetary and Financial Institutions Forum's (OMFIF) latest survey of 50 pension funds and 50 sovereign wealth funds - which included ...

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... UK's official foreign exchange reserves and coordinates market intelligence and analytical advice to the BoE's monetary and macro-prudential policy committees. Hauser has also held senior roles across most of the BoE's other major functions ...

New bill to strip treasurer of RBA monetary policy veto powers

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
... parliament this week that proposes abolishing the treasurer's power to override the Reserve Bank of Australia's (RBA's) monetary policy decisions. Treasurer Jim Chalmers today announced the government's plans to reform and modernise the RBA, flagging ...