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Showing 471 - 480 of 4733 results for "Reserve"

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... rate hikes, however recent instability has economists recalibrating their view. The coin is being tossed ahead of the Reserve Bank of Australia's (RBA) meeting next month, with suggestions that an eleventh consecutive rate rise is not completely ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
... a directions power, civil penalties, and enforceable undertakings. In addition to ASIC's increased authority, the Reserve Bank of Australia (RBA) will be granted powers to set rules for the conduct of clearing and settlement service facilities. Meanwhile ...

US Fed hikes rates amid banking turmoil

ANDREW MCKEAN  |  THURSDAY, 23 MAR 2023
Amid banking turmoil, the US Federal Reserve announced a rate hike to combat inflation. Recent economic indicators revealed modest growth in US spending, production, and strong job gains, with low unemployment and persistent inflation concerns. As such ...

Giving hope: Recent regulatory wins

ANDREW MCKEAN  |  TUESDAY, 21 MAR 2023
Recent developments in Australia have brought some positive changes for advancing women's rights and gender equality. In recent time, the government has taken concrete steps towards creating a more equitable society, implementing initiatives aimed at ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... couples living modestly in this age range spent $41,477 in the last year. In hiking the base rate to 3.60% on March 7, Reserve Bank of Australia governor Philip Lowe said global inflation remains very high, but at home it seems as though inflation has ...

Super a big national advantage: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... right around the country." He said if you combine that with global uncertainty, it's easy to see why Treasury and the Reserve Bank of Australia expect a slower economy. "We've got a lot coming for us around the world, but we've got a lot ...

Lending to small businesses increases: Survey

KARREN VERGARA  |  MONDAY, 20 MAR 2023
... more than 55% of businesses expecting to grow, despite growing economic challenges," the survey showed. According to the Reserve Bank of Australia, small and medium enterprises are around twice as likely to default on their loans compared to mortgage ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... was intensified by the upheavals in the US banking market in March 2023." US Treasury Secretary Janet Yellen and Federal Reserve chair Jerome Powell showed their support for the new entity, which is expected to create a business with more than US$5 trillion. ...

Spirit Super appoints deputy chief investment officer

ELIZABETH FRY, JAMIE WILLIAMSON  |  FRIDAY, 17 MAR 2023
... Frontier, he was an economic advisor to the Northern Territory Government and has also held roles with Macquarie and the Reserve Bank of Australia. Commenting on his appointment, Naylor said it's an exciting time for Spirit Super as it looks to undertake ...

Fink warns of "slow rolling crisis"

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... aggressive fiscal policy since 2008, inflation has risen to the highest levels seen since the 1980s, with the Federal Reserve responding with close to 500 basis points in rate increases. This, he said, was the first domino to drop. "Bond markets were ...