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Showing 241 - 250 of 2495 results for "Central Bank"

QIC braces against recession risks

ELIZABETH FRY  |  FRIDAY, 12 AUG 2022
As the manager of the Queensland government's long-term financial interests and a quasi-sovereign wealth fund, QIC can avoid the painful APRA performance test. This is a tremendous advantage for Allison Hill, QIC's state chief investment officer ...

Reserve Bank explores digital currency potential

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
The Reserve Bank of Australia (RBA) is launching a one-year research programme into the case for a central bank digital currency (CBDC). Partnering with the Digital Finance Cooperative Research Centre (DFCRC), the project will seek to identify innovative ...

RBA lifts cash rate to 1.85%

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
... factors explain much of the increases in inflation, but it doesn't entirely discount domestic factors either. The central bank notes Australia has widespread upward pressures on prices from strong demand, a tight labour market and capacity constraints ...

Zipmex files for debt relief amid ongoing crypto crash

CASSANDRA BALDINI  |  FRIDAY, 29 JUL 2022
... 401K BTC funds, Crypto.com gains regulatory approval from Cyprus and Italy, Gemini receives VA service provider by central bank of Ireland," the report said.

Treasurer responds to dour inflation, growth

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
... "very concerning." "The global economy is treading a precarious and perilous path," he said. Chalmers cited sharp central bank intervention to combat US inflation, China's management of COVID and Russia's illegal invasion of Ukraine which has ...

Equities challenged but opportunities are there

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
While near term market volatility is expected to continue in Australia and overseas, it is not all doom and gloom, according to GSFM and Munro Partners. At a recent briefing, GSFM investment strategist Stephen Miller said that all developed country ...

Resolution Life appoints new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
... the sale agreement with Resolution Life. The sale was delayed for some time due to objections from the New Zealand central bank, however was completed in July 2020 at which time Beer became chief executive of Resolution Life Australasia. "I would like ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
Australia's annual CPI inflation grew to 6.1% in the June quarter, slightly below the consensus forecast of 6.3%. Consumer prices rose 1.8% this quarter, again less than the 1.9% forecast. "Annual CPI inflation increased 6.1% in the June quarter ...

RBA scenario implies record costs: UBS

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
UBS has forecast that the Reserve Bank of Australia's (RBA) rate rise assumptions would cause an unprecedented payment spike for households. The RBA's scenario of a 300-basis point increase in interest rates by mid-2023 would see interest payments as ...

Recession a distinct possibility: Natixis

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
... strategies have excelled, it said. Nevertheless, going forward, like nine in 10 survey respondents, Kaminski said that central bank policy will be the biggest market driver in the second half of 2022. She said: "The biggest market driver at the end of ...