Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 459 results for "Board meeting"

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
... 4.2% and inflation rose close to the centre of the 2-3% range for the first time in years. At the most recent May board meeting, the economy looked even stronger than had been forecast in the months prior; unemployment declined to extremely low levels ...

RBA weighs controversial pre-election rate rise

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... band and most economists have said interest rate rises are inevitable. However, a move to lift rates at tomorrow's board meeting could have a huge impact on the final stages of the election campaign. HSBC Australian Economics has stated the case for ...

The transforming role of the trustee

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
... comfortable talking in front of the group. "I think its accessibility and being open that makes for a much better board meeting because people have a way to think through what they want to bring up to talk to you about."

Next Macquarie chair announced

CHLOE WALKER  |  THURSDAY, 2 DEC 2021
Glenn Stevens has been appointed the next chair of Macquarie Group and Macquarie Bank following the retirement of Peter Warne. Stevens' appointment and Warne's retirement as a voting director on both boards will be effective in May 2022, following the ...

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
... to "discontinue the target of 10 basis points for the April 2024 Australian Government bond" at it's 2 November Board meeting. The US Federal Reserve wasn't far behind, declaring on the 3rd of November that it would "taper" its US$120 billion a month ...

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
... of 2018. New Zealand's central bank raised the official cash rate to 0.5% from 0.25% following its October 6 board meeting, sending the Kiwi stock market down. The NZ Cap 50 index has declined by 2.0% from January to end-October this year. Not good ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
At the conclusion of its August board meeting, the Reserve Bank of Australia (RBA) announced its decision to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of 0% maintain the target of 10 basis ...

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... the 12th straight month of expansion in Australia's manufacturing sector. All eyes will be on the RBA's board meeting this week (July 6). Recall that at its meeting in May, it announced that: "At its July meeting, the Board will consider whether ...

Charter Hall exec to chair NHFIC board

KANIKA SOOD  |  MONDAY, 28 JUN 2021
The National Housing Finance and Investment Corporation has appointed Charter Hall's Adrian Harrington as its chair, and two other members in a board renewal. The government agency, which lets private companies lend to social and affordable housing ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... interest rates will remain at record lows "until 2024 at the earliest", the Reserve Bank of Australia's (RBA) June board meeting was largely a ho-hum affair. As expected, the RBA left monetary policy settings unchanged; "including: the targets of ...