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Showing 461 - 470 of 4299 results for "Bank of"

RBA governor cites climate, energy transition in inflation response

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
Reserve Bank of Australia governor Philip Lowe cited climate change and the transition to renewable energy as two of four longer-term changes to the global economy that are "likely to affect the dynamics of inflation, central bank policy and the way ...

New rules on the way for BNPL sector

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
... funding model would need to be extended to account for regulating the sector and, as recommended previously by the Reserve Bank of Australia, payments surcharges should be introduced to promote a more level playing field for consumer credit, the paper ...

JANA names new principal consultants

ELIZABETH FRY  |  FRIDAY, 18 NOV 2022
... governance frameworks. Earlier, she held several operational control and management assurance roles, including with the Royal Bank of Canada, HSBC, and Tabcorp. JANA said it is fully committed to the development and professional progression of its people. ...

Schroders hires from MLC

CHLOE WALKER  |  MONDAY, 14 NOV 2022
... also worked in client relationship roles at Hastings Funds Management and as an institutional foreign exchange dealer at Bank of Ireland Global Markets. In his new role, based in Melbourne, Keenan will report to Australian head of sales Ray Macken. "Colin ...

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... as well as US upstream price pressure slowing will also serve the nation, he believes. Finally, Oliver said the Reserve Bank of Australia has opted to move into the slow lane, keeping the economy on an even keel. "After an initial run of rapid rate rises ...

Interest rates will jump to slay "the evil of inflation": Lowe

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
At the Reserve Bank of Australia (RBA) board dinner, governor Phillip Lowe expressed that interest rates will need to go higher to bring inflation back to target. After a seventh straight rate rise, whereby the bank lifted the interest rate to 2.85% ...

Australian housing slump marches on

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... likely reflects the de facto tightening that started with rising fixed mortgage rates a year ago, the speed of Reserve Bank of Australia (RBA) cash rate hikes and heightened household sensitivity to rising interest rates flowing from much higher debt ...

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... inflation, and a sound level of fiscal policy flexibility compared to most other advanced economies, is that the Reserve Bank of Australia (RBA) has a greater capacity to keep rates lower for longer. "This buys us time to fix some of the issues that ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
Reserve Bank of Australia (RBA) commentary sometimes infers that Australia's inflation circumstances are different or less challenging than elsewhere in the developed country complex, but GSFM investment strategist Stephen Miller believes that any "difference" ...

Government enshrines new rule for Aussie Bitcoin owners

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... government agency, which continues to be taxed as a foreign currency. As previously reported by Financial Standard, the Reserve Bank of Australia (RBA) has been exploring whether there's a role for a central bank digital currency (CBDC) in Australia. ...