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

Search Results

Showing 501 - 510 of 2741 results for "Reserve Bank"

IOOF unfazed by poor MLC result

ELIZA BAVIN  |  THURSDAY, 5 NOV 2020
... as a whole was also impacted heavily by the operating environment, market volatility and interest rate cuts by the Reserve Bank. Statutory net profit came in at $2.5 billion. Cash earnings were $3.7 billion, down 36.6% from the prior corresponding period. ...

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... Gonna do the limbo rock..." - Chubby Checker, Limbo Rock Australian equities and bond markets applauded after the Reserve Bank of Australia (RBA) didn't disappoint expectations, showing just how low it can go. The All Ordinaries index jumped by 1.9% ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
The Reserve Bank of Australia (RBA) has announced another rate cut, bringing the cash rate down to 0.10% for the first time in history. Not only that, but RBA governor Philip Lowe announced a ramp up of quantitative easing measures, bringing in a new ...

The rate that stops the nation

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
Prior to the horses hitting the track many economists are betting on a rate cut by the Reserve Bank of Australia's board today to a new historical low of 0.10%. Finder's RBA cash rate survey found 67% of economists believe the central bank will cut ...

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
The Reserve Bank of Australia has announced a partnership with a consortium of financial institutions and a blockchain technology company to develop a wholesale central bank digital currency (CBDC) using distributed ledger technology (DLT) for settlement. ...

EQT names chair, compliance member

ANNABELLE DICKSON  |  FRIDAY, 30 OCT 2020
... after 12 years on the board. She has been on the board since March this year and is a non-executive director of the Reserve Bank of Australia, Qualitas Property Partners and the Schwartz family office, Trawalla Group. Equity Trustees deputy chair Jim ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
The Australian recession is over! This was what Reserve Bank of Australia deputy governor Guy Debelle implicitly told a Senate Estimates virtual hearing when he said :"At the moment it looks like the September quarter for the country probably recorded ...

Fiscal policy spurs investor confidence: Citi

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... Zealand. Nearly 80% of the delegates at the Citi Australia Investment Conference believe the terminal rate for the Reserve Bank of Australia will be 10 basis points, with just 30% believing there will be negative rates. However, 69% of investors believe ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... better economic outcome in the coming months if Australians ensure they keep spending and investing, according to Reserve Bank of Australia (RBA) governor Philip Lowe. Lowe said the nation's recovery will depend on how willing people and businesses are ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... Federal Budget; ongoing success across the nation in containing the COVID-19 outbreak; and the expectation that the Reserve Bank Board is likely to further cut interest rates at its next meeting on November 3." In three words, that's money, money ...