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Showing 11 - 20 of 263 results for "Financial stability"

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
... and the tightening of monetary policy. According to the Reserve Bank of Australia's (RBA) most recent Financial Stability Review, the Australian business sector remains resilient off the back of strong demand and high cash buffers supporting profitability ...

Raiz increases portfolio fees

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... building the best platform experience and investment tools for our customers whilst also ensuring the long-term financial stability and profitability of Raiz." The fee changes took effect on August 1. Raiz's superannuation product ended the 2023 financial ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... Further, the board will oversee the RBA's research agenda as it relates to monetary policy and aspects of financial stability and will work with Treasury to undertake five-yearly open and transparent reviews of the monetary policy framework. Lowe ...

RBA deputy governor joins Westpac

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
... respected economists, following six years as the RBA's deputy governor and eight years heading up its financial stability department. Previously, she served as a deputy head of the Economic Analysis Department and spent almost two years on secondment ...

Small super funds admonish APRA

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... financial safety objectives with factors like efficiency, competition, contestability, as well as promoting financial stability, only 35% of superannuation trustees responded positively. In contrast, authorised deposit-taking institutions (ADIs) and ...

Bank of England launches first system- wide stress test

CASSANDRA BALDINI  |  TUESDAY, 20 JUN 2023
... these behaviours and market dynamics can amplify shocks in markets and potentially bring about risks to UK financial stability. Deputy governor for financial stability Jon Cunliffe explained the bank regularly runs scenario exercises with a variety of ...

Next generation stands by family adviser: Survey

KARREN VERGARA  |  MONDAY, 8 MAY 2023
... community-oriented goals. Nearly nine of 10 prioritise having enough to support their retirement lifestyle and achieving financial stability and independence. However, nearly six of 10 want to pass wealth to future generations and fund the education ...

It's not 2008, but there's likely more pain ahead: Iggo

CHLOE WALKER  |  TUESDAY, 28 MAR 2023
... improve." Iggo believes lower bond yields and lower equity prices during this period of market concerns about financial stability improve the prospect for stock returns going forward. "Beyond the current crisis of confidence, markets should perform better ...

US Fed hikes rates amid banking turmoil

ANDREW MCKEAN  |  THURSDAY, 23 MAR 2023
... turmoil, central bankers are now faced with the dual challenge of curbing inflation while ensuring overall financial stability. JP Morgan chief global strategist David Kelly says in response to recent developments in the banking sector and cooler wage ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... business with more than US$5 trillion. "We welcome the announcements by the Swiss authorities today to support financial stability," they said. "The capital and liquidity positions of the US banking system are strong, and the US financial system is resilient. ...