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Showing 331 - 340 of 1791 results for "The Reserve Bank of Australia"

ACCC on financial services priorities

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
... undergoing a comprehensive redesign for the first time in 25 years, following the Farrell review and the Reserve Bank of Australia's review of retail payments regulation," she said. "The ACCC plans to work with the government to ensure the regulatory ...

Rate rise exposes adviser knowledge gap

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
... number of financial advisers having only ever known a low inflation environment. At its May meeting, the Reserve Bank of Australia increased the cash rate from the historic low of 0.10% to 0.35% - the first rise in over 11 years. In his speech on the ...

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
Having raised the cash rate earlier this month, the Reserve Bank of Australia (RBA) board has decided not to reinvest the proceeds from bonds as they mature from the bank's portfolio. This decision by the RBA is indicative of a new quantitative tightening ...

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
Yesterday, the Reserve Bank of Australia surprised markets by lifting the cash rate target for the first time in over a decade. The decision to raise rates 25 basis points to 0.35% came as the RBA sought to withdraw the extraordinary monetary support ...

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
In the first increase in more than a decade, the Reserve Bank of Australia has raised the cash rate target by 25 basis points to 0.35%. Announcing the decision this afternoon, RBA governor Philip Lowe said the board determined the time is right to begin ...

RBA weighs controversial pre-election rate rise

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
Just over two weeks before the federal election, the Reserve Bank of Australia (RBA) will make a decision on interest rates which could have huge political implications. At present, underlying inflation is well above the RBA's target band and most economists ...

US stocks crumble after Jerome Powell's hawkish comments

ANDREW MCKEAN  |  FRIDAY, 22 APR 2022
... inflation through tightened monetary policy with interest rate hikes. It was only earlier this week that the Reserve Bank of Australia minutes strongly insinuated that inflationary and wage growth developments had brought forward the likely timing of ...

Aussie government debt to double: Janus Henderson

JAMIE WILLIAMSON  |  WEDNESDAY, 6 APR 2022
... government debt by 2025. The report shows central bank holdings of government debt rose 9% in 2021, with the Reserve Bank of Australia one of the main drivers. "Australian entered the pandemic with an exceptionally low debt/GDP ratio by comparison to ...

RBA names new deputy governor

JAMIE WILLIAMSON  |  MONDAY, 4 APR 2022
Michele Bullock has become the first female deputy governor of the Reserve Bank of Australia. Bullock has been with the central bank since 1985 and served as an assistant governor since 2010. Bullock is currently assistant governor, financial system ...

VFMC hires from Cbus

JAMIE WILLIAMSON  |  THURSDAY, 17 MAR 2022
... role. She has also previously held roles with Allard Partners, IAG, Merrill Lynch, Westpac, and the Reserve Bank of Australia. At VFMC, Taylor will replace Peter Osborne who is retiring after 13 years. "VFMC wishes Peter all the best for his impending ...