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Showing 21 - 30 of 223 results for "RBA Governor"

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... experts continue to be divided on the possibility of a rate cut this year from the Reserve Bank of Australia (RBA). RBA governor Michele Bullock insisted "that a near-term reduction in the cash rate doesn't align with the board's current thinking". ...

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 ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... But we do not think the Budget has shifted the dial on the RBA's assessment of the economic outlook," Aird said. "RBA governor Bullock stated that she does not think the $300 energy bill relief will have, 'a material impact on reducing (underlying) inflation ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... bank" on the back of increased interest rates. Appearing at the Senate Economics Legislation Committee this morning, RBA governor Michele Bullock said the nominal data provided to the central bank by the banking sector shows the growth rate of spending ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... leaving interest rates unchanged and a hike at its May meeting. The board minutes were in line with messaging from RBA governor Michele Bullock, who spoke at a press conference after the decision was ultimately made to keep rates unchanged. Bullock noted ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... slowing in demand and employment growth, signs that wages growth has peaked and particularly weak consumer spending. RBA governor Michele Bullock also indicated that the RBA wasn't too concerned about the additional large wage rises announced for ...

Philip Lowe joins LIC board

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... Australia's shareholders and pro bono fund managers to support our most vulnerable youth," he said. Lowe served as RBA governor between 2016 to 2023. Reflecting on this time there, Lowe said that while the RBA didn't get it right 100% of the ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... for 2024. Despite inflation registering at 4.1% for the month of December, down from a peak of 7.8% one year prior, RBA governor Michele Bullock said that it remains too high. "Inflation is still weighing on people's real incomes and household consumption ...

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... where she ultimately ascended to the position of chief economist. "I am delighted that Sarah will be joining us," RBA governor Michele Bullock said. "She will bring a unique and diverse perspective to the Bank and the leadership team." Today, Bullock ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... borrowers a sixth interest rate rise in 2023, following a 25 basis point increase at its previous meeting in November. RBA governor Michele Bullock stated yesterday that the "limited information" received on the domestic economy since the November meeting ...