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Showing 31 - 40 of 3055 results for %22Reserve Bank of Australia%22

New bill to strip treasurer of RBA monetary policy veto powers

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
... government will introduce a bill to parliament this week that proposes abolishing the treasurer's power to override the Reserve Bank of Australia's (RBA's) monetary policy decisions. Treasurer Jim Chalmers today announced the government's plans to reform ...

Inflation problem is homegrown: Bullock

KARREN VERGARA  |  FRIDAY, 24 NOV 2023
Reserve Bank of Australia (RBA) governor Michele Bullock warned that Australians' spending habits - particularly in the services sector - are now fuelling inflation. A trip to the hairdresser and dentist, eating out, and sporting and recreational ...

Interest rate hikes are working: Bullock

KARREN VERGARA  |  TUESDAY, 21 NOV 2023
Reserve Bank of Australia governor Michele Bullock defended the central bank's use of monetary policy and hiking interest rates amid many challenges that looks to keep inflation at stubborn levels over the next two years. Speaking at the ASIC Annual ...

MA Financial issues first RMBS

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
... innovative leader... And these proceeds will bolster MA Money's capacity to achieve future growth," Gour said. Last year, Reserve Bank of Australia (RBA) head of domestic markets Jonathan Kearns said the RMBS market provides an important source of funding ...

ASX awards settlement, clearing mandate

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... November 2022, writing off some $255 million expended on the failed project that kickstarted as far back as 2015. The Reserve Bank of Australia and ASIC were also forced to act amid concerns over ASX's ineptitude to deliver on the transformation ...

Msquared Capital bolsters local team

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
... of Queensland and ANZ. The appointments come at a time when private credit markets are booming. According to the Reserve Bank of Australia (RBA), non-bank lenders account for 5% of the financial system's total assets, issued in equal parts by registered ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
While Australia's economy has been surprisingly resilient to Reserve Bank of Australia (RBA) rate hikes, inflation remains well above global trends, according to UBS's 2024-2025 local economic outlook. The report, written by UBS economists George Tharenou ...

Centrepoint Alliance acquires Financial Advice Matters

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
... Alliance's current cash reserves and a recently established $10 million debt facility in collaboration with National Australia Bank. The payment structure entails an initial upfront payment of 80%, with the remaining 20% contingent on meeting deferred ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
The 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 ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... blowouts in the program." Elsewhere, ahead of tomorrow's Melbourne Cup rate decision, Chalmers said that the Reserve Bank of Australia (RBA) will independently make a choice off the back of data it's reviewed. "Whatever their decision on Tuesday ...