Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 231 - 240 of 4332 results for "Bank of"

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
The Reserve Bank of Australia (RBA) will deliver its final interest rate decision today, with a hold predicted by most experts. The RBA has kept rates on hold at 4.35% all year, despite other global central banks having begun a rate cutting cycle. But ...

2025 economic outlook 'threatening': AMP

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... times, but it's not cheap." Oliver added that uncertainty remains around how much the US Federal Reserve, the Reserve Bank of Australia (RBA) and some other central banks will cut rates as core inflation is still not at target. "The risk of recession ...

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... consecutive quarter of negative per-capita GDP growth print. Ideally, this data at the very least should help the Reserve Bank of Australia (RBA) make a dovish pivot, but our hopes are slim on the bank's firm hawkish leanings. Keeping policy restrictive ...

Bullock hints at no rate cut in 2025

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
Reserve Bank of Australia (RBA) governor Michele Bullock has reaffirmed the central bank's stance that interest rates are likely to stay higher for longer as sticky inflation persists. Speaking at a Centre of Economic Development (CEDA) dinner ...

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 ...