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Showing 431 - 440 of 4299 results for "Bank of"

Things to watch this reporting season: Morningstar

ANDREW MCKEAN  |  MONDAY, 13 FEB 2023
As the Reserve Bank of Australia (RBA) continues to hike rates, the market should brace for a potential slowdown in 2023, Morningstar says. Morningstar warned of the looming impact of the RBA's aggressive interest rate hikes, saying the Australian economy ...

Inflation expected to have peaked: RBA

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
The Reserve Bank of Australia (RBA) has forecast that headline CPI (7.8%) is expected to be the peak in this economic cycle. In a monetary policy statement, the RBA said CPI is still high, affecting a range of goods and services. Global factors such ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
The Reserve Bank of Australia (RBA) has hiked interest rates to 3.35%, signalling that there are more rate rises ahead. Despite moderating global inflation, high CPI inflation in Australia (7.8%), driven by both domestic demand and global factors, remains ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
The Reserve Bank of Australia (RBA) is widely tipped to lift the cash rate by 25 basis points today to fight ongoing inflationary pressure. According to HSBC chief economist Paul Bloxham, inflation is too high and there's yet to be clear evidence ...

Federal Reserve increases rates 25bp

CASSANDRA BALDINI  |  THURSDAY, 2 FEB 2023
... would never say so, they might prefer the restorative aspects of a recession and a proper bear market." The Commonwealth Bank of Australia said the markets did have some response, explaining US shares are higher, US bond yields fell, and major currencies ...

Aussie shares to continue outperformance: Oliver

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... times than global shares on 15.3 times and US shares on 17.1 times. On monetary tightening, Oliver said that the Reserve Bank of Australia (RBA) policy is no longer relatively tight compared to other major central banks, including the Federal Reserve. ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... expected to have peaked at around 8% in Q4 2022 and to gradually decline as near-term pressures wane, reaching the Reserve Bank of Australia (RBA) inflation target band (2-3%). With these risks in mind, the IMF made several fiscal and monetary policy ...

Spirit Super appoints chief risk officer

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
... years at QSuper in various roles, including head of group risk and head of group assurance. Sadler has also spent time at Bank of Queensland and Westpac. "I'm pleased to have Will join our executive team to help me further enhance the risk and compliance ...

MLC Life Insurance welcomes new non-executive director

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
... regulated industries. Previously, he served as group chief risk officer and a member of the executive teams of Westpac, Royal Bank of Scotland, and ANZ Bank. Stephen also held board roles with the International Financial Risk Institute and the Financial ...

Inflation beats forecasts, hits 7.8%

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... in 2000. The annual CPI increase came in at 7.8%, the highest rate seen since 1990. While it didn't hit the Reserve Bank of Australia's expectation of 8%, it does outpace most economists' forecasts. The increase was primarily driven by increased ...