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Showing 11 - 20 of 195 results for "Governor Glen"

In search of that elusive Australian animal spirit

BENJAMIN ONG  |  FRIDAY, 24 FEB 2017
Yesterday's decision by the Fair Work Commission to slash Sunday and public holiday penalty rates for hospitality, restaurant, fast food, retail and pharmacy workers threw another spanner in the works for RBA Governor Philip Lowe's positive outlook ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 9 JUN 2016
Australia housing finance The latest dwelling finance commitment report gave almost immediate evidence to the RBA governor Glenn Stevens' 7 June statement that, "Indications are that the effects of supervisory measures have strengthened lending standards ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 20 APR 2016
RBA meeting minutes The A$ broke above US$0.78, trading as high as US$0.7826 overnight and is currently fetching US$0.7805 - a 13.7% appreciation from this year's US$0.6864. The minutes of the RBA's 5 April Board meeting - the local unit was trading ...

A "chilling" moment for the RBA

BENJAMIN ONG  |  MONDAY, 29 FEB 2016
In case you missed it, finance and central bank head honchos of the Group of 20 (G-20) met over the weekend in Shanghai. But you may as well have (missed it, that is) for it was more of the same - promised-filled and action-short. In its communique ...

ZIRP to bring back "animal spirits"?

BENJAMIN ONG  |  FRIDAY, 26 FEB 2016
Actual total private new capital expenditures may have surprised on the upside, rising by 0.8% in the three months ended December 2015 when they were expected to drop by 3.0% but... they're still not a pretty set of numbers. Uglier still, according ...

Local shares lacklustre in 2016

MARK SMITH  |  MONDAY, 14 DEC 2015
Low commodity prices and less demand from China are likely to translate into lacklustre equity market returns in 2016, according to Australian Unity Investments' outlook for the year ahead. The fund manager's chief executive David Bryant said all indications ...

Lift-off off

BENJAMIN ONG  |  FRIDAY, 16 OCT 2015
"Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term." These were the words in the US Federal Reserve's monetary policy statement of ...

Reform summit must keep momentum: ASFA

DARREN SNYDER  |  MONDAY, 31 AUG 2015
The Association of Superannuation Funds of Australia (ASFA) said it supported open discussion at the National Reform Summit and believes the focus should remain on directing resources where the super system needs improvement. ASFA believes the super ...

Market to open higher

AAP  |  THURSDAY, 30 JUL 2015
The Australian share market is set to open higher after another positive session on Wall Street. The Dow Jones Industrial Average rose 0.7 per cent after the US Federal Reserve kept its benchmark interest rate at near-zero per cent and gave no fresh ...

A question of trend

BENJAMIN ONG  |  THURSDAY, 23 JUL 2015
Funny that. Funny that on the same day that RBA Governor Glenn Stevens addressed the Anika Foundation Luncheon in Sydney and told his audience that, "One of the features of much regular discussion of macroeconomic policy, and monetary policy in particular ...