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Showing 151 - 160 of 996 results for "Cash Rate"

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... 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 amid widespread criticism for the central bank's ...

Purpose of pause to gather more data: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... decision to gather more information, it said. The minutes from its April 4 board meeting, where it decided to keep the cash rate at 3.6%, reveal the board extensively weighed economic impacts of both options. It said board members discussed the uncertainties ...

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... While positive, economists aren't convinced it's cause for the Reserve Bank of Australia (RBA) to look to increase the cash rate again in May following its pause this month. However, AMP deputy chief economist Diana Mousina says she expects the pause ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
As the Reserve Bank of Australia (RBA) kept the cash rate at 3.60% in April, most economists warn Australians not to rule out further increases throughout the year. Mortgage holders breathed a sigh of relief yesterday afternoon when RBA governor Philip ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
Economists are split on the Reserve Bank of Australia's (RBA) upcoming decision on whether to raise the cash rate from 3.6%. The major banks are at odds: ANZ and NAB forecast a 25 basis point cash rate hike, while Commonwealth Bank and Westpac anticipate ...

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... turning point in activity around the turn of the year." Bloxham added that beyond April, HSBC expects the RBA to keep the cash rate at 3.60% for several quarters. However, not all in the market are as positive as Bloxham. Despite agreeing that the decline ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... rises. "We think the RBA is done with rate rises, at least for the moment, we see them pausing in April and keeping the cash rate at 3.60% for a number of quarters after that," he affirmed. "Our view is primarily about our expectation that the economy ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
Inflation is eroding retirees' purchasing power, posing a significant risk to their financial stability. With CPI now at 7.8% as of the December quarter of 2022, inflation has become an increasingly pressing issue for retirees, who worry that their ...

We are closer to a pause: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 8 MAR 2023
The Reserve Bank of Australia (RBA) delivered its tenth consecutive rate hike, raising the cash rate by 25bps to 3.60%, however RBA governor Philip Lowe signaled a break could be in sight. "We are closer to a pause," Lowe said today while speaking at ...

Minutes show RBA considered 50bp rise

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
... was stronger and that prior increases should largely address the factors considered. As such, the board increased the cash rate target to 3.35% but noted the forecasts for output and inflation were prepared on assumptions the cash rate will hit 3.75%. ...