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Showing 261 - 270 of 1044 results for "Governor"

Remediation bill tops $10b: ASIC

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
... billion." Chester said this figure is not as shocking as it first seems, comparing it to the US$320 billion Bank of England governor Mark Carney estimated in 2017 for the global cost of misconduct for banks post Global Financial Crisis. "Our interim ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... Australia (RBA) rate reduction, they're too late. The only question that needs to be answered is how low would RBA Governor Lowe go? The more rate cut writings were splashed all over the wall since the last rate cut in October. Historically, the ...

RMBS scrutiny could be loosened in US

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... issuance is a major source of funding for residential mortgages. In a speech last year Reserve Bank of Australia assistant governor (financial markets) Christopher Kent said: "Last year, RMBS issuance was at its highest level since the global financial ...

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
... the Reserve Bank of Australia (RBA) met and decided to keep the official cash rate unchanged at 0.75% on November 5, Governor Philip Lowe issued this optimistic statement: "After a soft patch in the second half of last year, a gentle turning point appears ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... and Europeans and the rest of the world are not holding their collective oxygen intake. However, Bank of England (BOE) governor Mark Carney have changed his tune. If memory serves me right, Carney warned about the increased likelihood that the UK would ...

Is EM an investor's saving grace?

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
... investors get to lower yields. "It is no secret the Reserve Bank of Australia has an easing bias. Seven years ago RBA governor Phillip Lowe said very low rates are nothing to aspire to, and yet here we are," Doyle said. "Australians, especially those ...

Super fund adds industry veteran

JAMIE WILLIAMSON  |  WEDNESDAY, 6 NOV 2019
An $8 billion government superannuation fund has welcomed the former country head of Franklin Templeton to its board of directors. Maria Wilton has joined the board of the Australia Post Superannuation Scheme, effective October. At the same time, Jim ...

Chief economist update: RBA holds but for how long?

BENJAMIN ONG  |  WEDNESDAY, 6 NOV 2019
... in household disposable income continuing to weigh on consumer spending." These were Reserve Bank of Australia (RBA) governor Philip Lowe's words after the board decided to keep the country's official cash rate unchanged at 0.75% at its November ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... negative effect of low interest rates on the income and confidence of savers might be more significant." There was RBA governor Philip Lowe's statement at the International Monetary Fund (IMF) forum in Washington about his optimism over the domestic ...

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
... forced into quantitative easing and print Australian dollars. This is because latest survey data disprove Reserve Bank Governor Philip Lowe's optimism that "a gentle turning point appears to have been reached" expressed in 1 October's monetary ...