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Showing 21 - 30 of 971 results for %22Governor%22

RBA considers impact of climate on monetary policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
... including the merits of flexible inflation targeting. Speaking at the Sir Leslie Melville Lecture in Canberra, future governor Michele Bullock noted that the bank's flexible inflation target is between 2 and 3%, and to integrate the implications of climate ...

ASIC, RBA set high expectations for ASX

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2023
... Settlement to resource, consult and engage with the Advisory Group in good faith and in the public interest." Future RBA governor Michele Bullock said: "It is important that the market's trust and confidence in the CHESS replacement program is restored. ...

RBA sustains cash rate at 4.1%

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... (RBA) left the cash rate unchanged again at 4.1% but warns that more hikes are necessary to tame inflation. Outgoing governor Philip Lowe said Australia's central bank remains "resolute in its determination to return inflation" and "will do what ...

ASIC to host CHESS replacement roundtable

CHLOE WALKER  |  MONDAY, 17 JUL 2023
... by ASIC chair Joe Longo, who will be joined by ASIC commissioner Danielle Press and incoming Reserve Bank of Australia governor Michele Bullock. ASIC's initiative follows longstanding industry concerns over the adequacy of ASX's stakeholder engagement ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... Albanese and Treasurer Jim Chalmers announced this morning Michele Bullock will take over as Reserve Bank of Australia (RBA) governor from Philip Lowe in September. Chalmers said the government is proud to announce the ninth governor, confirming the ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
Reserve Bank of Australia (RBA) governor Philip Lowe has announced significant changes that will be implemented by the central bank in response to the recent review of its processes. In what is potentially his last speech as governor, Lowe explained ...

RBA deputy governor joins Westpac

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
... 2024. Westpac labelled Ellis one of Australia's most respected economists, following six years as the RBA's deputy governor and eight years heading up its financial stability department. Previously, she served as a deputy head of the Economic Analysis ...

Wage increases shouldn't equal rate hikes

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
... taken a huge pay cut. "When wages go here and inflation goes here, that's when Australians take a wage cut and [RBA governor] Philip Lowe wants to give them a bigger wage cut," he said. "This will drive the economy into recession. This continued ...

Next RBA boss to be picked in July: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 22 JUN 2023
Reserve Bank of Australia (RBA) governor Phillip Lowe will learn his fate next month following a government consultation on his possible reappointment. Lowe's current term is set to end in September and the government intends to consider the appointment ...

Bank of England launches first system- wide stress test

CASSANDRA BALDINI  |  TUESDAY, 20 JUN 2023
... and market dynamics can amplify shocks in markets and potentially bring about risks to UK financial stability. Deputy governor for financial stability Jon Cunliffe explained the bank regularly runs scenario exercises with a variety of firms. "The launch ...