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Showing 31 - 40 of 635 results for "HSBC"

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... outcome of the June meeting as a pause." After the RBA surprised the market in May lifting the cash rate by 25 basis points, HSBC chief economist Paul Bloxham concurs that a hike is unlikely, but equally can't be ruled out. "The arguments for holding ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... probably get one more, most likely in July but you can't rule out next week; there is a high risk it could come next week." HSBC chief economist Australia and New Zealand Paul Bloxham agreed with Oliver's point. "The decision presents upside ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... automotive fuel, fruit and vegetables and holiday travel," said ABS head of prices statistics Michelle Marquardt. Alongside this, HSBC chief economist Australia and New Zealand Paul Bloxham said local fuel prices rose by 2.9% month on month at the pump ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... questions about his possible reappointment. However, when weighing up if the changes will help the pockets of Australians, HSBC chief economist Australia and New Zealand Paul Bloxham said it's still unclear. "Only time will tell if these arrangements ...

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... call and the risk of another 0.25% hike is very high." The latest inflation data is due to be released April 26. Meanwhile, HSBC's Paul Bloxham also believes the pause will remain. "For the RBA, the key is what the jobs market means for wages growth. ...

Long pause likely from RBA: Economist

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
The Reserve Bank of Australia's (RBA) pause on interest rate hikes will likely linger, according to HSBC chief economist Australia and New Zealand Paul Bloxham. In a recent Financial Standard podcast, Bloxham said despite inflation still being high ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... contagion from the banking sector issues also can't be ruled out which would also justify keeping interest rates steady." HSBC chief economist for Australia, New Zealand and global commodities Paul Bloxham believes the RBA is done with hiking the cash ...

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... The latest CPI numbers, released yesterday, reflect the final piece of the puzzle needed ahead of next week's meeting. HSBC chief economist Australia and New Zealand Paul Bloxham has previously favoured the prediction of halting rates and said the ...

Ignition chief executive resigns

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... executive director, head of distribution and sales, equities and retail markets at Westpac, and worked at Commonwealth Bank and HSBC. Keary said during his time as chief executive he "helped build a strong digital advice brand and prospect pipeline in ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... "... both [to be] published next week, could make or break the case to hike or pause," Aird concluded. On the other hand, HSBC chief economist Australia and New Zealand Paul Bloxham is leaning more towards a halt in rises. "We think the RBA is done with ...