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Showing 181 - 190 of 2046 results for "RBA"

Hopes of RBA cut 'in tatters' after jobs data

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... expectations in seven of the last eight months, with the small fall in March (-4.58k) looking like an anomaly," Sycamore said. "The RBA's forecast for the unemployment rate is for it to rise to 4.3% by the December quarter. If the current trend in the ...

Household spending drops in September: CBA

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... to September, supporting our view that softer economic data, coupled with a further deceleration in inflation will see the RBA cut interest rates in December 2024." The CommBank HSI Index tracks month-on-month data at a macro level and is based on de-identified ...

FCX granted 'historic' market licence by ASIC, RBA

ANDREW MCKEAN  |  TUESDAY, 8 OCT 2024
... "first-of-its-kind" Australian Market Licence and Clearing Settlement Facility Licence by ASIC and the Reserve Bank of Australia (RBA). The licences enable the FCX Market to trade securities in private and unlisted public companies and interests in managed ...

RBA feels 'not enough has changed'

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
The Reserve Bank of Australia (RBA) board has held strong on its standpoint that an interest rate cut is not yet on the cards, as it released minutes from the September meeting. The board said that while inflation had been slowly coming back into the ...

Rapid growth in super sector poses risk to financial stability: RBA

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
Significant growth of the superannuation sector has set off alarm bells for the Reserve Bank of Australia (RBA). In the RBA's September Financial Stability Review, it said the super sector's growth and connections to Australian banks has increased its ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... additional insights into how inflation is trending." The latest inflation data comes after the Reserve Bank of Australia (RBA) kept the cash rate on hold at 4.35% at the September meeting yesterday. Despite cooling inflation, the market is not anticipating ...

Australians living through protracted period of economic misery: CEDA

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
... of 2023. CEDA economist Liam Dillon said this clearly highlights the difficult trade-off facing Reserve Bank of Australia (RBA) governor Michele Bullock. "Inflation remains stubbornly high, despite having moderated since its peaks. It continues to hurt ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... to pay their home loan in August with an estimated 1.4 million mortgagors in distress. "The government should establish an RBA-style board to oversee APRA with a target for mortgage arrears of between 2% and 3%," HIA chief economist Tim Reardon said. ...

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
ASIC and the Reserve Bank of Australia (RBA) have been given new powers under new financial market infrastructure laws to enhance their licensing, supervisory, and enforcement abilities. The Treasury Laws Amendment (Financial Market Infrastructure and ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
... rate cut in four years, reducing the official cash rate by 50 basis points, but experts say the Reserve Bank of Australia (RBA) is still not in a position to do the same. Yesterday's official unemployment numbers revealed employment rose by 47,500 jobs ...