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Showing 181 - 190 of 2158 results for "Reserve Bank of Australia"

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
... 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 facility, to ...

ART appoints chief financial officer, promotes managers

ELIZABETH FRY  |  FRIDAY, 16 AUG 2024
... 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 with ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... rate cut in the US, experts continue to be divided on the possibility of a rate cut this year from the Reserve Bank of Australia (RBA). RBA governor Michele Bullock insisted "that a near-term reduction in the cash rate doesn't align with the board's ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
Australians' pay packets grew by 0.7% in the June quarter, the latest Australian Bureau of Statistics (ABS) shows, down 0.9% from the prior quarter. Annually, the rate of growth for wages in the private sector was 4.1%, down from three consecutive ...

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 ...

Markets melt down over 'premature' recession fears

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
... rises by half a percentage point in a year," he said. The major sell-off has all but confirmed that the Reserve Bank of Australia (RBA) is likely to keep interest rates on hold at today's meeting. "A positive for traders out of Monday's carnage ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... Krishna Bhimavarapu said the rise in inflation came in above expectations but an interest rate hike by the Reserve Bank of Australia (RBA) is not necessarily on the cards. "The data reiterates our view that the interest rates are restrictive enough in ...

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
... achieved for the market, for listed companies and for investors and investment." Notably, ASIC and the Reserve Bank of Australia (RBA) are co-regulators of licensed CS facilities. They share supervisory responsibilities for the four CS facilities in ...

Australia unlikely to tame inflation

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... Australia's ability to control inflation looks more challenging and intractable as there is a good chance the Reserve Bank of Australia (RBA) could increase interest rates in August, an economic expert says. According to GSFM investment strategist ...