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Showing 241 - 250 of 4298 results for "Bank of"

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.35% at its August board meeting. RBA governor Michele Bullock said the case for an interest rate cut in the near-term was not a likely scenario. "Based on what I know today and what ...

Markets melt down over 'premature' recession fears

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
... unemployment rate rises by half a percentage point in a year," he said. The major sell-off has all but confirmed that the Reserve Bank of Australia (RBA) is likely to keep interest rates on hold at today's meeting. "A positive for traders out of Monday's ...

Wilsons Advisory snaps up private wealth practice

ELIZA BAVIN  |  FRIDAY, 2 AUG 2024
... executive director - corporate advisory at Evans & Partners and has also held roles at Macquarie Group (New York), CIMB Royal Bank of Scotland, and JBWere. Wilsons Advisory head of private wealth Casimir Skillecorn said the Statton Partners history of ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... economist Krishna Bhimavarapu said the rise in inflation came in above expectations but an interest rate hike by the Reserve Bank of Australia (RBA) is not necessarily on the cards. "The data reiterates our view that the interest rates are restrictive ...

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
... outcome is achieved for the market, for listed companies and for investors and investment." Notably, ASIC and the Reserve Bank of Australia (RBA) are co-regulators of licensed CS facilities. They share supervisory responsibilities for the four CS facilities ...

Australia unlikely to tame inflation

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... Australia's ability to control inflation looks more challenging and intractable as there is a good chance the Reserve Bank of Australia (RBA) could increase interest rates in August, an economic expert says. According to GSFM investment strategist ...

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

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... economy, 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 ...

ANZ, Westpac 'the cheapest majors': Morningstar

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
... miniscule 0.3% share of the Australian home loan market, has shown that it can profitably grow loans. The other top pick was Bank of Queensland, which has extracted cost savings from consolidating banking platforms and digitising more processes.

Funds SA, Mercer Super make key appointments

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024
... tremendous 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 ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... executive up 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 ...