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Showing 151 - 160 of 2464 results for "Monetary"

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... the current economic conditions more challenging than last year. Not only is it harder to raise capital, but stringent monetary policy has also made it tougher to access lending and credit facilities, severely hindering their ability to scale and expand ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... announcements from three of the major banks, PwC prefaced. Looking at the results, Garland said they indicate a "goldilocks" monetary tightening so far. However, he added the second half underscores the challenging competitive landscape in the Australian ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... simplify and clarify the provisions governing conflicted remuneration (Recommendations 13). This includes clarifying that monetary or non-monetary benefits given by a client are not conflicted remuneration along with the removal of consequential exceptions ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... effect of the death of a relative." Bullock flagged that more increases are on the table. "Whether further tightening of monetary policy is required to ensure that inflation returns to target in a reasonable timeframe will depend upon the data and the ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... costs by $33 billion. During an interview with the ABC, Chalmers concurred with a warning issued by the International Monetary Fund (IMF) last week, saying the idea that governments should consider delaying or cancelling infrastructure spending as a ...

Macquarie appoints Byres, half-year results decline

KARREN VERGARA  |  FRIDAY, 3 NOV 2023
... Reserve Bank of Australia's Payments System Board during that period. He is currently an adviser with the International Monetary Fund. Byres is one of three bank-only non-executive directors at Macquarie, together with former Challenger funds management ...

Fidelity launches global long-short fund to Aussie market

CASSANDRA BALDINI  |  WEDNESDAY, 25 OCT 2023
... short exposure to benefit from stock price falls." Given the current market stress, inflationary pressures, tightening monetary policy and growth headwinds, Solomakhin explained there is an abundance of fear. "This environment creates a rich pool of ...

Inflation data not encouraging: Powell

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... labour market is no longer easing, could put further progress on inflation at risk and could warrant further tightening of monetary policy. "Along with many other factors, actual and expected changes in the stance of monetary policy affect broader financial ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
... rise in the cash rate leads to higher interest payments for those with debt, there exists other avenues through which monetary policy influences demand and curtails inflation in Australia. Kent told Bloomberg's office on Wednesday that the cash-flow ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
... Australian businesses and households are vulnerable to further shocks following high inflation and the tightening of monetary policy. According to the Reserve Bank of Australia's (RBA) most recent Financial Stability Review, the Australian business ...