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Showing 361 - 370 of 4733 results for "Reserve"

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
... in the lead up to Christmas. This causes more volatile monthly movements in seasonally adjusted data." Late last year, Reserve Bank of Australia governor Michele Bullock warned that inflation was a homegrown issue. Bullock expects that it will take another ...

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
The Reserve Bank of Australia (RBA) has appointed a chief economist and assistant governor to lead its Economic Group, which comprises the Economic Analysis and Economic Research departments. Sarah Hunter assumes the position, taking over from Luci ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
In its final decision of the year, the Reserve Bank of Australia (RBA) kept interest rates unchanged at 4.35%. The decision to hold spares borrowers a sixth interest rate rise in 2023, following a 25 basis point increase at its previous meeting in November. ...

Global X slashes ETF fees

CHLOE WALKER  |  FRIDAY, 1 DEC 2023
... driven by historically robust yields, and a positive market outlook further fuelled by the anticipation of the US Federal Reserve initiating rate reductions in 2024. "Meanwhile, US Treasury bonds, the world's most heavily traded, offer stabilising properties ...

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... beverages. AMP deputy chief economist Diana Mousina said the data doesn't provide any new information that would force the Reserve Bank of Australia (RBA) to hike rates at next week's final board meeting for 2023. "While the RBA has sounded more ...

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
The Reserve Bank of Australia (RBA) has selected Bank of England (BoE) executive Andrew Hauser as its new deputy governor and as a member of the Reserve Bank board. Hauser is set to begin his five-year term in January, bringing with him over three decades ...

New bill to strip treasurer of RBA monetary policy veto powers

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
... government will introduce a bill to parliament this week that proposes abolishing the treasurer's power to override the Reserve Bank of Australia's (RBA's) monetary policy decisions. Treasurer Jim Chalmers today announced the government's plans to reform ...

Inflation problem is homegrown: Bullock

KARREN VERGARA  |  FRIDAY, 24 NOV 2023
Reserve Bank of Australia (RBA) governor Michele Bullock warned that Australians' spending habits - particularly in the services sector - are now fuelling inflation. A trip to the hairdresser and dentist, eating out, and sporting and recreational ...

Interest rate hikes are working: Bullock

KARREN VERGARA  |  TUESDAY, 21 NOV 2023
Reserve Bank of Australia governor Michele Bullock defended the central bank's use of monetary policy and hiking interest rates amid many challenges that looks to keep inflation at stubborn levels over the next two years. Speaking at the ASIC Annual ...

MA Financial issues first RMBS

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
... innovative leader... And these proceeds will bolster MA Money's capacity to achieve future growth," Gour said. Last year, Reserve Bank of Australia (RBA) head of domestic markets Jonathan Kearns said the RMBS market provides an important source of funding ...