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Showing 201 - 210 of 972 results for "Governor"

RBA blames lack of demand in property downturn

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
Reserve Bank deputy governor Guy Debelle said despite historically low interest rates and a rise in loan approvals, turnover in the housing market remains low. Speaking at the CFA Societies Australia Investment Conference event in Sydney the deputy ...

Chief economist update: Negative bang for RBA, government's buck

BENJAMIN ONG  |  THURSDAY, 10 OCT 2019
"Pessimism becomes a self-fulfilling prophecy; it reproduces itself by crippling our willingness to act." - Howard Zinn Taken after the Reserve Bank of Australia's (RBA) third interest rate reduction this year which brought the official cash rate ...

Future Fund chief most influential public investor

KANIKA SOOD  |  WEDNESDAY, 9 OCT 2019
... a focus on featuring new names. Future Fund chief executive David Neal came in at the top spot, beating Bank of Korea governor Lee Ju-yeol. But he wasn't the only Australian in the top three. Cbus chief executive David Atkin nabbed third place. A ...

Chief economist update: When monetary and fiscal policies don't meet

BENJAMIN ONG  |  TUESDAY, 8 OCT 2019
He said, he said. This must be a thing now. Just as US President Trump and his central bank governor Jerome Powell don't see eye to eye with the conduct of government and monetary policies, there is no meeting of the minds between Australian Prime ...

Chief economist update: Zero here we go

BENJAMIN ONG  |  WEDNESDAY, 2 OCT 2019
... But enough of shoulda, woulda, coulda. It's all water under the bridge. The road ahead is what matters more. As RBA Governor Lowe explained, "The Board took the decision to lower interest rates further today to support employment and income growth ...

Chief economist update: Morrison, Frydenberg cannot have their surplus and eat it too

BENJAMIN ONG  |  THURSDAY, 26 SEP 2019
... spend, even if interest rates were cut down to zero or even if you pay them (negative interest rates) to borrow. RBA governor Philip Lowe acknowledged as much in his recent address to the Armidale Business Chamber, "monetary policy has become less effective ...

Chief economist update: RBA cuts official cash rate to 0.75%

BENJAMIN ONG  |  WEDNESDAY, 25 SEP 2019
... Reserve Bank of Australia (RBA) concludes its scheduled board meeting. In his address to the Armidale Business Chamber, RBA governor Philip Lowe practically confirmed widespread market expectations that this would come to pass. "At our board meeting ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... 'Through the Looking-Glass' The "Red Queen" in the novel should have been giving this advice to Bank of Japan (BOJ) governor Haruhiko Kuroda san, instead of Alice. But nah. The BOJ kept monetary policy settings as they were - the policy rate ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... September meeting. Operative phrase: "as widely expected". You, I and Irene can wax pedantic about some changes in RBA governor Philip Lowe's September statement and that of the previous month, but at the end of the day 'twas same old, same old. ...

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG  |  TUESDAY, 3 SEP 2019
... central bank president Knot, thinks the outlook is not weak enough to justify QE but is open to a rate cut; Austrian governor Nowotny's against buying equities for stimulus; and, Bundesbank president Weidmann announced his opposition to a big stimulus ...