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Showing 401 - 410 of 2020 results for "RBA"

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
... addition, wages growth remains contained - up 1.5% in the year to the March 2021 quarter from 1.5% in the previous quarter. The RBA would be justified whether it tapers or not come July.

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... pre-emptively identify and manage risks, or intervene in a FMI failure crisis. Under the reforms, the Reserve Bank of Australia (RBA) will be able to manage a failure at a clearing and settlement facility. There will also be a facility for the RBA to ...

Housing market reaches new heights

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
... combined." CoreLogic noted the increased value of residential real estate puts homeowners in a stronger equity position as the RBA estimated 1.3% of mortgages to be in a negative equity position at the start of the year. Despite this, the increased valuation ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
The Reserve Bank of Australia's (RBA) May the fourth Board meeting would have been a ho-hum event had it not been for the month of July. As expected, the RBA left monetary policy settings unchanged - "including the targets of 10 basis points for ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
... decelerated to an annual rate to 1.1% in the March 2021 quarter - the lowest on record - from 1.2% in the December 2020 quarter. The RBA anticipated all these in its April missive. "...wage and price pressures are subdued and are expected to remain so ...

Super fund liquidity could be better: RBA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 APR 2021
... funds should consider the extent to which they rely on certain asset classes for liquidity, the Reserve Bank of Australia (RBA) has said. In its Financial Stability Report for April, the RBA praised super funds' management of liquidity pressures throughout ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
"Come on, Barbie, let's go party"... until 2024. In Reserve Bank of Australia (RBA) parlance: "The board is committed to maintaining highly supportive monetary conditions until its goals are achieved. The board will not increase the cash rate until ...

Chief economist update: Australia's virtuous cycle keeps on turning

BENJAMIN ONG  |  MONDAY, 29 MAR 2021
... OECD upgraded Australia's 2021 GDP growth forecast by 1.3 percentage points to 4.5%. With the Reserve Bank of Australia (RBA) maintaining its guidance to provide continued policy support, the AztraZeneca COVID-19 vaccine being produced locally by ...

Chief economist update: What a difference an Australian year makes

BENJAMIN ONG  |  MONDAY, 22 MAR 2021
... worst and the rate of joblessness higher had it not been for the Morrison government and the Reserve Bank of Australia's (RBA) swift and forceful responses. JobKeeper, JobSeeker, Homebuilder, among others, and the RBA's stimulative policies -- ...

Must prepare for demise of LIBOR: RBA

ELIZA BAVIN  |  FRIDAY, 19 MAR 2021
The Reserve Bank of Australia (RBA) has told financial institutions they must be prepared for the "imminent demise" of LIBOR. RBA assistant governor (financial markets) Christopher Kent said as the deadline for LIBOR is fast approaching, financial institutions ...