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Showing 411 - 420 of 2020 results for "RBA"

Economic recovery has been stronger than expected: Lowe

ELIZA BAVIN  |  MONDAY, 15 MAR 2021
Australia's economic recovery has been quicker and stronger than expected, according to Reserve Bank of Australia (RBA) governor Philip Lowe. Speaking at the Melbourne Business Analytics conference, Lowe stated that while there are still challenges ...

Chief economist update: The great Australian rebound

BENJAMIN ONG  |  THURSDAY, 4 MAR 2021
... of consumer spending coming before savings return to its 30-year average of 5.1% Of course, as Reserve Bank of Australia (RBA) governor Philip Lowe warned in his statement following the conclusion of the bank's March 2 meeting, "the path ahead is ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
... economic outlook as central banks watch "through the looking glass". This sentiment is echoed by the Reserve Bank of Australia (RBA). In its March 2 meeting, where it kept policy unchanged, the Australian central bank declared that: "The outlook for ...

Chief economist update: Fed fights back bond bears

BENJAMIN ONG  |  MONDAY, 1 MAR 2021
... in its fight against COVID-19. But we don't have to go so long and faraway for our very own Reserve Bank of Australia (RBA). Our dear central bank has increased debt purchases in efforts to keep interest rates low. According to Reuters, the Australian ...

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
Even before the coronavirus vaccine was injected before Australian Prime Minister Scott Morrison's arm a day before the national roll-out on the 22nd of February this year, this 'Land Down Under' has already been returning to pre-covid normality. ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
It's only been only two weeks since the Reserve Bank of Australia (RBA) provided a more optimistic assessment of and outlook for the domestic labour market. In its February 2021 'Statement on Monetary Policy' (SoMP), the RBA declared that ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... 66.2% -- indicating jobseekers' confidence over their job prospects. This compares with the 8.0% unemployment rate the RBA forecast for end-year 2020 and lower than the Treasury's already lowered MYEFO (Mid-Year Economic and Financial Outlook) ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... March this year - taking money out - in its first meeting for 2021 is virtually increasing liquidity in the system. While the RBA kept interest rate settings unchanged - official cash rate and yield on three-year Australian government bonds at 0.1% ...

Aware to focus on unlisteds over equities

ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
... interest rates alongside very high multiples. "With incredibly low interest rates and the very strong rhetoric, even from the RBA, that rates aren't going anywhere for a number of years is allowing people to say the discount rates they used to value ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
The Reserve Bank of Australia (RBA) painted a pretty picture of the Australian economy in its first board meeting for 2021. RBA governor Philip Lowe's statement at the conclusion of the Australian central bank's February meeting was optimistic ...