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Showing 171 - 180 of 2464 results for "Monetary"

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... government stimulus at the onset of the global pandemic, in addition to supply chain bottlenecks, central banks tinkering with monetary policy and the invasion of Ukraine. Birt said many life policies are written based on step premiums. Despite the current ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... tightness," the RBA said. Persistent inflation in advanced economies and central banks "unexpected or larger than expected" monetary tightening over the preceding month was also a key consideration. "The policy rate in Australia was still lower than ...

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... consumers, including reputational harm, in violation of Section 5 of the FTC Act and whether the Commission action to obtain monetary relief would be in the public interest." In response to the investigation, OpenAI chief executive Sam Altman said he ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... processes. In what is potentially his last speech as governor, Lowe explained that while the government concluded that the RBA monetary policy framework is "fit for purpose," a changing landscape meant it would still need to pivot accordingly. "The world ...

Platforms FUM falls $20bn: Report

CHLOE WALKER  |  WEDNESDAY, 12 JUL 2023
... these results came despite central banks ending an unprecedented era of ultra-low interest rates and moves to normalise monetary policies to get a handle on inflation.

Next RBA boss to be picked in July: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 22 JUN 2023
... decisions that I take in fiscal policy and the governor, and the board explain and defend the decisions that they take on monetary policy, and that's appropriate." In the past, Chalmers has made it clear he isn't always in agreeance when it comes ...

Federal Reserve holds rates steady

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
... (FOMC) opted to hold the funds rate steady, citing the need to assess additional information and its implications for monetary policy. The Committee said it will consider the cumulative tightening of monetary policy, the lags with which monetary policy ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... some exemptions to the ban on conflicted remuneration will either be simplified or removed. Jones said "clarifying that monetary or non-monetary benefits given by a client are not conflicted remuneration along with the removal of consequential exceptions" ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... decision on the national minimum wage will be critical for the outlook for wages growth along with inflation and the monetary policy outlook in the second half of this year, he added. The onerous data isn't the only cause for concern. "We have seen ...

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... activity in 2023-24. A more pronounced slowdown in the world economy could result from continued tightening in global monetary policy in response to persistent inflation or a deterioration in financial conditions. This would affect commodity prices ...