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Showing 201 - 210 of 4332 results for "Bank of"

Deflation continues, albeit slowly

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... the data showed positive momentum in keeping inflation down, but the focus needs to be on keeping it within the Reserve Bank of Australia's (RBA) target range of 2-3%. "While market consensus has shifted towards an 80% probability of the next cut being ...

Monetary policy not the only game in town: Brian Redican

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... of the inflationary nature of this type of spending," Redican said. He added that it won't matter whether the Reserve Bank of Australia (RBA) cuts or hikes rates, "this spending is going to keep on going and driving the economy." Beyond defence, Redican ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
... effective competition in clearing and/or settlement should a competitor emerge. ASIC co-regulates CS with the Reserve Bank of Australia (RBA), namely over the four CS facilities in the ASX group: two central counterparties - ASX Clear and ASX Clear (Futures) ...

AZ NGA positions for growth with key appointment

JAMIE WILLIAMSON  |  MONDAY, 24 FEB 2025
... Group and The Trust Company, which was acquired by Perpetual in December 2013. She's also previously worked at AMP and Bank of America Merrill Lynch. "We are extremely fortunate to have Jodie join AZ NGA at this important time for the business, as we ...

RBA delivers 'cautious' cut, road ahead unclear

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
The Reserve Bank of Australia (RBA) cut the cash rate by 25 basis points, bringing the official interest rate down to 4.1%. While the cut was widely expected, the RBA was quick to diffuse any hopes of a quick cutting cycle. "A range of indicators suggest ...

Why the RBA should not cut rates

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
Barrenjoey chief economist Jo Masters believes the Reserve Bank of Australia (RBA) should hold off on making an interest rate cut today. Speaking at the Financial Standard Chief Economists Forum in Sydney, Masters said that while the market is pricing ...

Australian GDP growth 'steady but not solid': La Trobe

MATTHEW WAI  |  TUESDAY, 18 FEB 2025
... those policies. Further, the strong employment numbers also fed into the heightened inflation figures, as the Reserve Bank of Australia (RBA) continues its effort to tame inflation by holding off the interest rate since November 2023. While he doesn't ...

Economist calls for 35bps rate cut

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
The Reserve Bank of Australia (RBA) is expected to deliver its first interest rate cut since November 2020 when the board meets tomorrow. However, while most of the market is expecting a regular 0.25% cut, Betashares chief economist David Bassanese ...

CBA's 'Cinderella story' over: Analysts

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
Commonwealth Bank of Australia (CBA) delivered another strong half yearly result this week, reporting net profit after tax of $5.14 billion. Yet, despite the continued strong performance, analysts are highly conscious of how overvalued the bank might ...

MLC Life names chief risk officer

JAMIE WILLIAMSON  |  MONDAY, 10 FEB 2025
... manager, integration to lead the team tasked with ensuring a smooth transition to the merged entity. He was most recently at Bank of Queensland and previously held transformation and change roles with Telstra and BHP. The merger is expected to complete ...