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Showing 31 - 40 of 223 results for "RBA Governor"

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... Reserve Bank of Australia (RBA) hiked the cash rate to 4.35% as it continues to grapple with subduing inflation. RBA governor Michele Bullock yesterday pushed up the base rate by another 25 basis points, saying that while inflation in Australia passed ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... inflation, the absence of an interest rate hike would be "extremely difficult" to reconcile. As recently as yesterday, RBA governor Michele Bullock made it clear that the board "will not hesitate" to raise the cash rate further if there's a material ...

ASIC, RBA set high expectations for ASX

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2023
... Settlement to resource, consult and engage with the Advisory Group in good faith and in the public interest." Future RBA governor Michele Bullock said: "It is important that the market's trust and confidence in the CHESS replacement program is restored. ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
Prime Minister Anthony Albanese and Treasurer Jim Chalmers announced this morning Michele Bullock will take over as Reserve Bank of Australia (RBA) governor from Philip Lowe in September. Chalmers said the government is proud to announce the ninth governor ...

RBA deputy governor joins Westpac

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
... and knowledge in his new advisory capacity," he commented. Ellis' appointment coincides with uncertainty around RBA governor Phillip Lowe's position as the end of his term draws near. Last month, Treasurer Jim Chalmers said a government consultation ...

Wage increases shouldn't equal rate hikes

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
... taken a huge pay cut. "When wages go here and inflation goes here, that's when Australians take a wage cut and [RBA governor] Philip Lowe wants to give them a bigger wage cut," he said. "This will drive the economy into recession. This continued ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... annual movement of the monthly CPI indicator was 6.5% in April, lower than 6.9% recorded in March," she said. Although RBA governor Phillip Lowe told the Senate economics committee yesterday that the central bank is confident inflation will come back ...

RBA appointments prompt debate

CASSANDRA BALDINI  |  FRIDAY, 21 APR 2023
... decision making of the RBA and improve its operations and governance." Long before the board reshuffle, many called for RBA governor Philip Lowe to leave the seat after an annual report revealed that the man who handed down 10 consecutive rate hikes ...

RBA reforms require bipartisan support: Chalmers

KARREN VERGARA  |  TUESDAY, 18 APR 2023
... which contains 51 recommendations, before it is released sometime in the next few weeks. Already conferring with RBA governor Philip Lowe, he will call upon his colleagues, the Opposition and the crossbench on the best courses of action, adding that ...

Lowe reinforces more hikes may come

ANDREW MCKEAN  |  THURSDAY, 6 APR 2023
The Reserve Bank of Australia (RBA) hit pause on interest rate hikes this week, but RBA governor Phillip Lowe has told the National Press Club that doesn't mean they're off the table altogether. In an address, Lowe said the decision to hold ...