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Showing 421 - 430 of 2021 results for "RBA"

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 ...

Schroders adjusts fund return targets

ANNABELLE DICKSON  |  MONDAY, 1 FEB 2021
The fund manager has lowered its real return funds' targets as a result of low interest rates and bond yields and the impact of the pandemic on economies around the world. The Schroder Real Return CPI Plus 3.5%, Schroder Real Return CPI Plus 5% ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 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 Mid-Year Economic and Financial Outlook (MYEFO) ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... country's recession rebound caused by lockdown measures imposed to limit the spread of COVID-19. The Reserve Bank of Australia (RBA) has long said it will not consider lifting interest rates unless the jobless rate goes down. This was repeated at the ...

RBA adds former BT director to board

ELIZA BAVIN  |  FRIDAY, 18 DEC 2020
The Morrison government has made two new appointments to the board of the Reserve Bank of Australia (RBA). Alison Watkins and Carolyn Hewson have been appointed members of the RBA board for a five-year period. Hewson is a former investment banker with ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
The Morrison government has released its Mid-Year Economic Financial Outlook (MYEFO), proving the old saying 'You must spend money to make money' right. This quote, generally attributed to Roman playwright, poet and philosopher Titus Maccius ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... Australian and global financial markets, as well as a partial recovery of the domestic economy in response to government and RBA policies, and easing social restrictions across most of Australia," Seneviratne said. Residential assets rose $86.8 billion ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... Madison We, Australians all, are in a good place for not only do we have more money thanks to the Reserve Bank of Australia (RBA) and the Morrison government's largesse - but the wherewithal to spend and/or borrow to spend - and the motivation to ...

Super SA to close growth option

ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... objective by Super SA and Funds SA. "Due to the unprecedented easing of monetary policy by the Reserve Bank of Australia (RBA) and global central banks, yields for short-term fixed interest securities (defensive assets) have fallen towards zero per cent," ...

We've done our part, now it's your turn: Lowe

ELIZA BAVIN  |  THURSDAY, 3 DEC 2020
Reserve Bank of Australia (RBA) governor Philip Lowe was forced to remind the Standing Committee on Economics that the RBA is not solely responsible for economic recovery and the federal government also needs to pitch in. Lowe explained that while the ...