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Showing 171 - 180 of 1791 results for "The Reserve Bank of Australia"

Funds SA, Mercer Super make key appointments

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024
... depth of experience in financial and economic policy to the Funds SA board, having spent 25 years at the Reserve Bank of Australia. His current roles include co-chair of the Australian Sustainable Finance Initiative Taxonomy Technical Experts Group and ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... until April this year. Suan had worked at AMP since 2012, prior to which she held several roles at the Reserve Bank of Australia over a period of close to nine years. "I strongly believe Insignia Financial has the opportunity to be an industry leader ...

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
The Reserve Bank of Australia (RBA) released the minutes from its June board meeting at which it held interest rates steady, but confirmed it did consider the possibility of a hike. The minutes also confirmed the RBA is vigilant to the upside risks ...

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
Australians and the Reserve Bank of Australia (RBA) will be feeling disappointed after the Australian Bureau of Statistics (ABS) released the CPI indicator or May showing an annual increase of 4%, up from 3.4% in February. Canstar group executive, financial ...

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
The Reserve Bank of Australia (RBA) kept the official cash rate on hold at 4.35% in June but would not rule out another hike in the future. The RBA board noted that inflation had fallen substantially since its peak in 2022 but said recent federal and ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
The Reserve Bank of Australia (RBA) will almost certainly leave the policy rate unchanged when it meets next week, according to economists. GSFM investment strategist Stephen Miller said there was "little prospect" of a change in messaging from the ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... in the December quarter of 2022 and has since declined to 3.6% as of the March quarter of 2024. The Reserve Bank of Australia expects this downward trend to continue, projecting inflation to fall into its target range of 2-3% in 2025. However, Chalmers ...

US looks towards rate cuts, Australia lags behind

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... services inflation - which the US appears to have tempered - remains unresolved." McCormack said the Reserve Bank of Australia (RBA) appears poised to be the last developed market central bank to cut rates. "Additionally, high wages growth in both public ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... retail and institutional investors. TermPlus target rates are calculated as a fixed spread above the Reserve Bank of Australia's (RBA) cash rate. For a one-year term account, that equals RBA cash rate plus 3% net of fees, which currently totals a target ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
While the 0.1% increase in quarterly GDP was in line with experts' expectations, it still paints a dire picture for Australia's economic path. Annual GDP growth has fallen to just 1.1%, the slowest rate of annual growth in GDP in more than three ...