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Showing 301 - 310 of 1045 results for "Governor"

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
... whether or not the RBA would (or wouldn't) cut interest rates sometime before 2019 becomes 2020, let's dissect RBA Governor Philip Lowe's statement that explained the May decision and the central bank's forward guidance. After acknowledging ...

ME Bank adds new chair, directors

ELIZABETH MCARTHUR  |  TUESDAY, 30 APR 2019
... years in the digital sector. He is currently a director of Super Retail Group and a director of iCar Asia, as well as governor and director of the World Wide Fund for Nature, Australia. Everingham was previously managing director for SEEK's international ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
... inflation outlook." Ergo, the outlook for inflation depends on the wages outlook. A question that Luci Ellis, RBA Assistant Governor (Economic), tried to address at the ABE Conference in February: "How much and how quickly will they [wages] pick up?" ...

Chief economist update: Equity market rally has legs

BENJAMIN ONG  |  TUESDAY, 16 APR 2019
... example. The same thing is happening now as I write. The Fed's on pause; the ECB has just announced LTRO III; the BOJ governor has said "we'll consider easing policy"; the BOE adding "gradual pace and to a limited extent" to its forward guidance ...

Chief economist update: Japan yearns for a weaker yen

BENJAMIN ONG  |  THURSDAY, 11 APR 2019
... The last time we heard some sort of policy guidance from the Bank of Japan (BOJ) was in early February this year when governor Haruhiko Kuroda was quoted as saying that: "If (currency moves) are having an impact on the economy and prices, and if we consider ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG  |  THURSDAY, 4 APR 2019
... impasse, Brexit's future remains uncertain as to whether the UK will leave the EU with a deal or none. Just ask BOE governor Mark Carney. In an interview with Sky News, Carney said: "The Government... is against no deal, the European Union is against ...

Big banks, super funds join forces for sustainability

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
... material to business and the financial services community," he said. "Climate change was recently described by the deputy governor of the Reserve Bank of Australia as a 'systemic risk' to the stability of our economy, and APRA emphasised last week that ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
... the previous month and 5.5% in the same month last year. This affirms and, at the same time, provides credence to RBA Governor Philip Lowe's statement following the board's meeting of 5 March 2019: "The Australian labour market remains strong. ...

Banks must prioritise NPP, says Reserve Bank

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
The $1 billion New Payment Platform seems to be another headache for the big banks. Reserve Bank governor Philip Lowe asked the chief executives of the big four to confirm they are putting significant resources into rolling out the high speed payment ...

RBA issues stern climate change warning

ELIZABETH MCARTHUR  |  MONDAY, 18 MAR 2019
... Australia says the economy faces an "abrupt" blow to financial stability from climate change. In a speech, RBA's deputy governor Guy Debelle said climate change will likely have a permanent effect on the Australian economic landscape. He also warned ...