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Showing 21 - 30 of 459 results for "Board meeting"

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... 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 hawkish in the past few months under the new governor Michele Bullock, the RBA's ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... Reserve Bank of Australia (RBA) on Melbourne Cup Day as near certain. Miller pointed out that the most recent RBA board meeting indicated a lower tolerance for a sluggish return of inflation to target levels; and given the slower-than-anticipated reduction ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... of the governor, as is presently the practice. However, the governor will also hold a media conference after each board meeting to explain the decision. The quarterly Statement on Monetary Policy will be published simultaneously with the outcome of the ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... against a lot of this global economic uncertainty." Chalmers refused to weigh on the RBA's decision ahead of its board meeting next week. "The Reserve Bank board takes its decisions independently... I try not to pre-empt those decisions or second ...

Review calls for Reserve Bank overhaul

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
A major overhaul is in store for the Reserve Bank of Australia, with the widely anticipated review putting forth 51 recommendations, with particular consideration given to how cash rate decisions are made. Released today, An RBA fit for future comes ...

Purpose of pause to gather more data: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... call to pause rate hikes rested on a decision to gather more information, it said. The minutes from its April 4 board meeting, where it decided to keep the cash rate at 3.6%, reveal the board extensively weighed economic impacts of both options. It said ...

We are closer to a pause: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 8 MAR 2023
... by the RBA since last May, Lowe agreed a lot has been done in a short period of time. He noted: "Before our next board meeting, we will have important data on employment, another monthly inflation indicator, more detail on retail spending and the business ...

abrdn head of Aussie equities departs

ELIZABETH FRY  |  MONDAY, 30 JAN 2023
The head of Australian equities at abrdn, Michelle Lopez, has left to pursue other interests, according to the asset manager. Lopez ran the local equities team for nearly four years after being promoted from deputy head in 2019. Joining abrdn in 2004 ...

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 ...

AIST president to step down

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
Catherine Bolger's term as president of the Australian Institute of Superannuation Trustees will come to an end next month. Bolger has held the position since 2018 and has sat on the AIST board since 2016. She is also a director of State Super. ...