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Showing 251 - 260 of 979 results for "Financial System"

Chief economist update: BOJ expands Enhancement of Monetary Easing

BENJAMIN ONG  |  TUESDAY, 28 APR 2020
... expectations will not decline substantially and the smooth functioning of financial intermediation will be ensured with financial system stability being maintained..." It's hoping for the best but is prepared for the worst... "With regard to the ...

No liquidity support for super: RBA

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
... the public interest test and we need to be able to conclude that it was needed to support the stability of the financial system," Lowe said. "At the moment, we are not in a position to conclude that." Additionally, Lowe provided an update on the outlook ...

Not safe to launch: APRA

HARRISON WORLEY  |  WEDNESDAY, 8 APR 2020
... be suspended for at least six months. "In licensing new entrants to the prudentially-regulated segments of the financial system, APRA aims to achieve an appropriate balance between financial safety and other important considerations to the community ...

Westpac names new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
Westpac has confirmed acting chief executive Peter King will take on the role permanently to steer the bank through ongoing uncertainty. In an announcement today, Westpac chair John McFarlane said King has agreed to take on the role for the next two ...

RBA expands stimulus measures to states

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
The Reserve Bank of Australia has injected around $2 billion into state bonds, as it expands its unconventional monetary policy measures. The move comes as a bid to revive the ability of the states, particularly New South Wales and Victoria, to borrow ...

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... global institutional standing that has seen its share price plummet. "Macquarie is just so plugged into the global financial system, more so than the local banks which have huge residential loan books," he said. "It is much more interconnected in a system ...

RBA pulls QE trigger

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... toothed comb. In his announcement on Monday Lowe sounded more optimistic about the future, saying Australia's financial system is "resilient" and "very well-placed to deal with the effects" of the virus. While this sentiment was repeated in today's ...

Financial regulators poised for action

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... "The council will have its regular quarterly meeting on Friday March 20 at which the impact of COVID-19 on the financial system will be further discussed. "The council and the Australian Treasurer are also holding teleconferences at least weekly."

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... Lowe made the announcement on Monday, following the Fed's decision overnight. Lowe said: "Australia's financial system is resilient and it is well placed to deal with the effects of the coronavirus. At the same time, trading liquidity has deteriorated ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... March 4; announced purchase facility for Bankers Acceptance notes. RBA injected an outsized $8.8 billion into the financial system. Riksbank to lend US$51 billion to banks to maintain supply of credit to Swedish companies and Norges Bank cut its key ...