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Showing 331 - 340 of 4768 results for "Reserve"

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... annually, continuing the moderation seen since the peak of 91.6% in the June 2023 quarter. This reflects fewer rises in the Reserve Bank of Australia's cash rate in the last 12 months and a slowing in the rollover of expired fixed rate mortgages ...

NZ Super Fund names chief risk officer

MATTHEW WAI  |  WEDNESDAY, 7 AUG 2024
... follows a thorough recruitment process. Mitchell brings extensive industry experiences, including different roles at the Reserve Bank of New Zealand, Morgan Stanley, Westpac Investment Management and ABN Amro. Speaking on the appointment, Guardians chief ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.35% at its August board meeting. RBA governor Michele Bullock said the case for an interest rate cut in the near-term was not a likely scenario. "Based on what I know today and what ...

Markets melt down over 'premature' recession fears

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
... US recession. Mediocre jobs data released in the US sparked recession fears with investors also concerned the Federal Reserve is behind in cutting interest rates. However, Bell Potter research assistant Andrew Ho said the market reaction may be an overreaction. ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
The founder and former chief executive of wealth management firm United Global Capital, Joel Hewish, has been slapped with a 10-year ban from providing financial services. Hewish, who is also prohibited from holding any role within a financial services ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... APAC economist Krishna Bhimavarapu said the rise in inflation came in above expectations but an interest rate hike by the Reserve Bank of Australia (RBA) is not necessarily on the cards. "The data reiterates our view that the interest rates are restrictive ...

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
... best outcome is achieved for the market, for listed companies and for investors and investment." Notably, ASIC and the Reserve Bank of Australia (RBA) are co-regulators of licensed CS facilities. They share supervisory responsibilities for the four CS ...

Australia unlikely to tame inflation

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
Australia's ability to control inflation looks more challenging and intractable as there is a good chance the Reserve Bank of Australia (RBA) could increase interest rates in August, an economic expert says. According to GSFM investment strategist ...

RBA needs to 'rip the band-aid off' and hike rates: VanEck

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... for the economy, VanEck head of investments and capital markets Russel Chesler said it wasn't the "hail Mary pass" the Reserve Bank of Australia (RBA) would be hoping for. " The labour market remains too strong for inflation to fall. With unemployment ...

Funds SA, Mercer Super make key appointments

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024
... a tremendous depth of experience in financial and economic policy to the Funds SA board, having spent 25 years at the Reserve Bank of Australia. His current roles include co-chair of the Australian Sustainable Finance Initiative Taxonomy Technical Experts ...