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Showing 181 - 190 of 2741 results for "Reserve Bank"

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... ongoing support over the years." Wheelhouse's global fund aimed to deliver long-term returns greater than the Reserve Bank of Australia cash rate plus 2.5% over rolling five-year periods. Since inception it's returned 6.4% against the benchmark's ...

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... the federal government's 2023 Intergenerational Report (IGR), Retirement Income Review, and current midpoint of the Reserve Bank of Australia's target range for consumer price inflation. ASIC said it will review the default inflation rates and amend ...

RBA lays down the law on interest rates

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
Reserve Bank of Australia (RBA) governor Michele Bullock has doubled down on keeping interest rates on hold for the remainder of this year, despite market expectations for a cut before Christmas. Speaking at the Anika Foundation Fundraising Lunch, Bullock ...

Economists hit back at RBA guidance

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
The Reserve Bank of Australia (RBA) has indicated that there will not be any short-term cutting of interest rates, but the market is pricing in a cut before the end of the year. RBA governor Michele Bullock pushed back against the market pricing, stating ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... recommendations of the Council of Financial Regulators - a coordinating body that comprises APRA, ASIC, Treasury, and the Reserve Bank of Australia (RBA). "The RBA now has powers to step in and promptly resolve a crisis at a domestic clearing and settlement ...

ART appoints chief financial officer, promotes managers

ELIZABETH FRY  |  FRIDAY, 16 AUG 2024
... is a long-serving ART investment professional. He came across from QSuper 13 years ago and earlier worked at the Reserve Bank of Australia as an economist and portfolio analyst. The third new leader, Zoe McHugh, joined Sunsuper just before it merged ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
On Wednesday, the Reserve Bank of New Zealand (RBNZ) trimmed its interest rate by 25 basis points to 5.25% after holding a decades-high rate of 5.50% since May 2023. The central bank pointed to inflation converging to its target range as the core reason ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... continuing the moderation seen since the peak of 91.6% in the June 2023 quarter. This reflects fewer rises in the Reserve Bank of Australia's cash rate in the last 12 months and a slowing in the rollover of expired fixed rate mortgages to higher ...

NZ Super Fund names chief risk officer

MATTHEW WAI  |  WEDNESDAY, 7 AUG 2024
... a thorough recruitment process. Mitchell brings extensive industry experiences, including different roles at the Reserve Bank of New Zealand, Morgan Stanley, Westpac Investment Management and ABN Amro. Speaking on the appointment, Guardians chief executive ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.35% at its August board meeting. RBA governor Michele Bullock said the case for an interest rate cut in the near-term was not a likely scenario. "Based on what I know today and what ...