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Showing 161 - 170 of 4297 results for "Bank of"

RBA 'not committed' to further rate cuts

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
The Reserve Bank of Australia (RBA) has confirmed it considered leaving interest rates on hold last month, but ultimately concluded the arguments for a cut were more weighted. However, despite deciding to deliver the interest rate relief, the central ...

Treasury responds to CHESS replacement inquiry

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
... Instrument 2024, which entered into force on 14 May 2024. Treasury supported the recommendation that ASIC and the Reserve Bank of Australia (RBA) continue to monitor the current CHESS system. Likewise, of the recommendations Treasury noted, most were ...

HESTA hunts for portfolio construction and risk specialist

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
... the investment leadership team Before his four years with HESTA, Sommers held leadership positions at Frontier Advisors, Bank of Scotland, and Canadian Imperial Bank of Commerce. He spent seven years at Frontier Advisors as head of alternatives and derivatives. ...

ASIC turns up the heat on private markets

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
... portions of Australia-focused private capital fund assets of $65.9 billion and $58.2 billion respectively. The Reserve Bank of Australia (RBA) estimates that the private credit market is worth $40 billion. However, ASIC noted that estimates elsewhere ...

TAL taps ex-CBA deputy as chair

ANDREW MCKEAN  |  WEDNESDAY, 26 FEB 2025
... succeed Mark Joiner, who stepped down late last year, while also adding another non-executive director. Former Commonwealth Bank of Australia (CBA) deputy chief David Cohen, a 16-year veteran of the bank, will take over as TAL's chair on April 1. Before ...

Deflation continues, albeit slowly

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... the data showed positive momentum in keeping inflation down, but the focus needs to be on keeping it within the Reserve Bank of Australia's (RBA) target range of 2-3%. "While market consensus has shifted towards an 80% probability of the next cut being ...

Monetary policy not the only game in town: Brian Redican

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... of the inflationary nature of this type of spending," Redican said. He added that it won't matter whether the Reserve Bank of Australia (RBA) cuts or hikes rates, "this spending is going to keep on going and driving the economy." Beyond defence, Redican ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
... effective competition in clearing and/or settlement should a competitor emerge. ASIC co-regulates CS with the Reserve Bank of Australia (RBA), namely over the four CS facilities in the ASX group: two central counterparties - ASX Clear and ASX Clear (Futures) ...

AZ NGA positions for growth with key appointment

JAMIE WILLIAMSON  |  MONDAY, 24 FEB 2025
... Group and The Trust Company, which was acquired by Perpetual in December 2013. She's also previously worked at AMP and Bank of America Merrill Lynch. "We are extremely fortunate to have Jodie join AZ NGA at this important time for the business, as we ...

RBA delivers 'cautious' cut, road ahead unclear

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
The Reserve Bank of Australia (RBA) cut the cash rate by 25 basis points, bringing the official interest rate down to 4.1%. While the cut was widely expected, the RBA was quick to diffuse any hopes of a quick cutting cycle. "A range of indicators suggest ...