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Showing 191 - 200 of 2158 results for "Reserve Bank of Australia"

RBA needs to 'rip the band-aid off' and hike rates: VanEck

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... VanEck head of investments and capital markets Russel Chesler said it wasn't the "hail Mary pass" the Reserve Bank of Australia (RBA) would be hoping for. " The labour market remains too strong for inflation to fall. With unemployment so low, it is really ...

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 ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... financial crime efforts will make the Pacific Islands a more attractive place for banks to do business." Reserve Bank of Australia (RBA) governor Michele Bullock said pleasingly, there are "green shoots." She welcomed initiatives by the Pacific Islands ...

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 ...