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Showing 381 - 390 of 2741 results for "Reserve Bank"

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 ...

Stagflation: What should we expect?

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
... going to these lengths that the market is saying they're going to go to." "The market is currently pricing in the Reserve Bank to take the cash rate to 4% by June next year. That's at least 50 basis points higher than what a natural break is ...

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
Economists have had their say about tomorrow's Reserve Bank of Australia (RBA) decision, the vast majority anticipate the central bank to jack up cash rates. A Finder survey has said that 86% of its expert panelists believe the cash rate will change ...

Relax rate expectations: Franklin Templeton

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
... review of 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 ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... exports 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 ...

ACCC on financial services priorities

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
... regulation is 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 ...

Rate rise exposes adviser knowledge gap

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
... considerable 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 ...

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 ...