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Showing 11 - 20 of 81 results for "RBA Board"

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... former Fair Work Commission president Iain Ross and former AustralianSuper chair Elana Rubin as part-time members of the RBA board has sparked debate. Following the release of the review of the Reserve Bank of Australia (RBA) yesterday, which made 51 ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... 294-page document suggests a raft of extensive changes, the most significant of which is a recommendation to split the RBA board in two - much like the structure of the Bank of England and Bank of Canada. This would see the creation of a Monetary Policy ...

Purpose of pause to gather more data: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... conditions, and further information on developments in the global economy and financial markets," the minutes said. The RBA board recognised the strength of both sets of arguments, but on balance agreed that there was a stronger case to pause at this ...

Lowe reinforces more hikes may come

ANDREW MCKEAN  |  THURSDAY, 6 APR 2023
... address, Lowe said the decision to hold rates steady didn't imply that interest rate increases are over. Rather, the RBA board held rates steady to better gauge the impact of increased interest rates and to assess the economic outlook. "The board ...

We did too much: Lowe

CASSANDRA BALDINI  |  FRIDAY, 17 FEB 2023
... there was no vaccine for years, we couldn't move around our cities, we were locked at home - it was scary." The RBA board was determined to send a "very clear message" to the community that it would do whatever it could to keep the economy functioning ...

Treasurer announces RBA review

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
... the forthcoming RBA review and naming its panel, Chalmers announced an extension to Mark Barnaba's appointment to the RBA board. At Chalmers' request, Barnaba has agreed to serve another year on the RBA board. His current five-year term as a part time ...

Treasurer announces FIRB, RBA appointments

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... foreign investment proposals it examines," Treasurer Josh Frydenberg said. Meanwhile, Schwartz has been a member of the RBA board since 2017 and has made a valuable contribution to the board's decision-making during that period. Schwartz is also currently ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... subdued. Whilst he acknowledged both inflation and wage growth is expected to pick up, he expects it to be slow. The RBA board believes wage growth and inflation will remain below 2% over the next couple of years. "In underlying terms, inflation is expected ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... not consider lifting interest rates unless the jobless rate goes down. This was repeated at the final meeting of the RBA board in December 2020, where RBA governor Philip Lowe said the central bank was prepared to do more in helping the government with ...

RBA adds former BT director to board

ELIZA BAVIN  |  FRIDAY, 18 DEC 2020
... the board of the Reserve Bank of Australia (RBA). Alison Watkins and Carolyn Hewson have been appointed members of the RBA board for a five-year period. Hewson is a former investment banker with over 35 years' experience in the finance and energy sectors. ...