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Showing 321 - 330 of 1791 results for "The Reserve Bank of Australia"

Treasurer announces RBA review

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
... Treasurer Jim Chalmers is instituting the first major review of the setting of monetary policy and the Reserve Bank of Australia (RBA) since the 1990s. In the context of Australia facing a complex combination of difficult economic conditions, Chalmers ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... rate is likely to keep falling towards 3% this year. Chesler added: "This number is likely to worry the Reserve Bank of Australia (RBA)." "With the employment market continuing to tighten markedly and no signs of inflation easing, the RBA is likely to ...

RBA raises interest rates again

ANDREW MCKEAN  |  WEDNESDAY, 6 JUL 2022
The Reserve Bank of Australia (RBA) has increased the cash rate by 50 basis points, ramping up its efforts to quash runaway inflation. RBA governor Phillip Lowe stayed the course with his assessment that while the Australian economy remained resilient ...

Ken Henry resigns from ASX board

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
... Trade, and the Treasury, as well as the Office of National Intelligence. She began her career at the Reserve Bank of Australia in 1988. Roche said the ASX is fortunate to have attracted a director with Smiths calibre. "She brings to our board considerable ...

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
Minutes from the Reserve Bank of Australia's June board meeting revealed a risk of persistently high inflation as employees demanded a rise in wages to combat living costs. The minutes stipulated that should expectations of higher inflation become ...

Banks flag imminent consecutive double rate rises

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
Commonwealth Bank and Westpac economists have predicted the Reserve Bank of Australia (RBA) to bump up official rates to 1.35% when it next meets in July; NAB and ANZ believe there will be another double hike in the next two months. Quickly following ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
The Reserve Bank of Australia (RBA) has decided to increase the cash rate target by 50 basis points to 85 basis points. The central bank also raised the interest rate on exchange settlement balances by 50 basis points to 75 basis points. At its meeting ...

Reserve Bank tipped to hike rates again

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
... more hard-hitting. "Central banks across the world are struggling to get on top of inflation, and the Reserve Bank of Australia does not want to be one of them. The board will want to nip this in the bud." Based on consensus it appears that the RBA's ...

Relax rate expectations: Franklin Templeton

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
... the outlook for inflation and monetary policy, Franklin Templeton said it remains of the view that the Reserve Bank of Australia (RBA) should take a measured approach to raising the cash rate and likely end up with a high for the cycle of around 1.5%. ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... recover with international travel picking up. As such, Barclays 2022 full-year forecast was lower than the Reserve Bank of Australia's 4.25% estimate. The bank explained: "We expect private consumption to be softer in Q2-Q3 as inflation remains elevated." ...