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Showing 31 - 40 of 64 results for "Michele Bullock"

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... to be divided on the possibility of a rate cut this year from the Reserve Bank of Australia (RBA). RBA governor Michele Bullock insisted "that a near-term reduction in the cash rate doesn't align with the board's current thinking". Bullock's ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... Reserve Bank of Australia (RBA) left interest rates unchanged at 4.35% at its August board meeting. RBA governor Michele Bullock said the case for an interest rate cut in the near-term was not a likely scenario. "Based on what I know today and what the ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... the Pacific Islands a more attractive place for banks to do business." Reserve Bank of Australia (RBA) governor Michele Bullock said pleasingly, there are "green shoots." She welcomed initiatives by the Pacific Islands Forum secretariat and the World ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... of increased interest rates. Appearing at the Senate Economics Legislation Committee this morning, RBA governor Michele Bullock said the nominal data provided to the central bank by the banking sector shows the growth rate of spending across all age ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... rates unchanged and a hike at its May meeting. The board minutes were in line with messaging from RBA governor Michele Bullock, who spoke at a press conference after the decision was ultimately made to keep rates unchanged. Bullock noted that the board ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... and employment growth, signs that wages growth has peaked and particularly weak consumer spending. RBA governor Michele Bullock also indicated that the RBA wasn't too concerned about the additional large wage rises announced for aged care workers ...

RBA appoints operations chief

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
... coordinate between policy, operational and organisational decision-making. She will work closely with governor Michele Bullock as the RBA continues to implement the changes recommended by the recent review. Woods is currently the part-time chair of Note ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... inflation registering at 4.1% for the month of December, down from a peak of 7.8% one year prior, RBA governor Michele Bullock said that it remains too high. "Inflation is still weighing on people's real incomes and household consumption growth is ...

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
... more volatile monthly movements in seasonally adjusted data." Late last year, Reserve Bank of Australia governor Michele Bullock warned that inflation was a homegrown issue. Bullock expects that it will take another two years for inflation to move below ...

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... ultimately ascended to the position of chief economist. "I am delighted that Sarah will be joining us," RBA governor Michele Bullock said. "She will bring a unique and diverse perspective to the Bank and the leadership team." Today, Bullock and the RBA ...