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Showing 11 - 20 of 29 results for "Michele Bullock"

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... Australia (RBA) hiked the cash rate to 4.35% as it continues to grapple with subduing inflation. RBA governor Michele Bullock yesterday pushed up the base rate by another 25 basis points, saying that while inflation in Australia passed its peak, it "is ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... absence of an interest rate hike would be "extremely difficult" to reconcile. As recently as yesterday, RBA governor Michele Bullock made it clear that the board "will not hesitate" to raise the cash rate further if there's a material upward revision ...

Bullock keeps cash rate at 4.10%

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
The Reserve Bank of Australia (RBA) governor Michele Bullock has left the cash rate at 4.10% for the month of October. Announcing the latest monetary policy decision whilst taking the helm for the first time, Bullock left the door open for potential ...

RBA considers impact of climate on monetary policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
... merits of flexible inflation targeting. Speaking at the Sir Leslie Melville Lecture in Canberra, future governor Michele Bullock noted that the bank's flexible inflation target is between 2 and 3%, and to integrate the implications of climate change ...

ASIC, RBA set high expectations for ASX

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2023
... resource, consult and engage with the Advisory Group in good faith and in the public interest." Future RBA governor Michele Bullock said: "It is important that the market's trust and confidence in the CHESS replacement program is restored. To do this ...

ASIC to host CHESS replacement roundtable

CHLOE WALKER  |  MONDAY, 17 JUL 2023
... Longo, who will be joined by ASIC commissioner Danielle Press and incoming Reserve Bank of Australia governor Michele Bullock. ASIC's initiative follows longstanding industry concerns over the adequacy of ASX's stakeholder engagement and governance ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
Prime Minister Anthony Albanese and Treasurer Jim Chalmers announced this morning Michele Bullock will take over as Reserve Bank of Australia (RBA) governor from Philip Lowe in September. Chalmers said the government is proud to announce the ninth governor ...

Reserve Bank explores digital currency potential

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... resilience and innovation in payment systems and financial market infrastructures," the RBA said. RBA deputy governor Michele Bullock said this project is "an important step" on the path to a potential Australian CBDC. "We are looking forward to engaging ...

RBA scenario implies record costs: UBS

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
... 2.5% year over year, UBS added. Nevertheless, as previously reported by Financial Standard, RBA deputy governor Michele Bullock said households are in a fairly good position to meet rising interest rates. This is because, "much of the debt is held by ...

Treasurer announces RBA review

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
... five-year term as a part time member on the board waws due to expire on August 30. Meanwhile, RBA deputy governor Michele Bullock has said that, in aggregate, households are well positioned for further interest rate increases. Bullock said: "The high ...