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Showing 201 - 210 of 4298 results for "Bank of"

Inflation remains in RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... to October 2024, according to the latest data from the Australian Bureau of Statistics (ABS), in line with the Reserve Bank of Australia's (RBA) target range. "Annual inflation was steady at 2.1% in October and remains the lowest annual inflation since ...

Size of super industry on ASIC's radar

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
... risks to financial stability as the superannuation sector grows. Questioned on her thoughts around the recent Reserve Bank of Australia (RBA) report which stated that the central bank was concerned about the risks the super system poses to financial ...

Property 'well-placed' for growth: Knight Frank

MATTHEW WAI  |  THURSDAY, 14 NOV 2024
... Melbourne," Burston added. Despite the positive outlook, investors need to be acutely aware with the movement from the Reserve Bank of Australia (RBA), stating the strength of the recovery will depend upon the path of interest rates. "However, investors ...

Wages grow 3.5% for the year

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... the June 2023 quarter. Commonwealth Bank senior economist Stephen Wu said the reading was softer than what the Reserve Bank of Australia (RBA) was expecting. "The big drop in the annual rate was expected. It reflected a much smaller lift in award wages ...

RBA seeks input on CBDC research project

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
The Reserve Bank of Australia (RBA) is seeking industry feedback on a central bank digital currency (CBDC) research initiative, Project Acacia. The project will explore how different forms of digital money and associated infrastructure could support ...

Payton Capital eyes 'extensive growth', hires four

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
... finance director at NAB for some seven years. Finlayson has taken on the role of senior relationship manager. She joins from Bank of Queensland, where she was most recently its head of property finance. Meanwhile, the Gold Coast team will be led by Chris ...

Interest rates to remain on hold for some time

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.35% at the November meeting, with the board indicating there are no plans for that to change anytime soon. "Headline inflation has fallen, but underlying inflation is still too high. ...

Commonwealth Bank finally relents on interest rate call

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
... as the most appropriate time to commence cutting rates." Betashares chief economic David Bassanese agreed the Reserve Bank of Australia (RBA) would likely cut rates early in 2025, following the first release of CPI data in January. "All up, the lack ...

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... the lowest annual inflation rate since the March 2021 quarter." However, despite inflation falling within the Reserve Bank of Australia's (RBA) target range of 2-3%, VanEck portfolio manager Cameron McCormack said a white Christmas in Australia is more ...

SMSF Association announces board director changes

MATTHEW WAI  |  WEDNESDAY, 30 OCT 2024
... said. "With over 25 years of board-level experience including roles on the Future Fund Board of Guardians and the Reserve Bank of Australia payments system board, her leadership has been invaluable. "We are grateful for her lasting impact on both the ...