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Showing 521 - 530 of 2741 results for "Reserve Bank"

RBA observes weakness and uncertainty

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
The Reserve Bank of Australia (RBA) said there are signs of weakness in domestic economic conditions and a high level of uncertainty, when the board met for its September meeting. In considering the policy decision, the RBA said members observed that ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... income (consisting of investment income, earnings from unincorporated businesses and social assistance benefits)". The Reserve Bank of Australia (RBA) and the Morrison government's stimulus measures may have put money in our hands but with social ...

Chief economist update: RBA increases and extends TFF

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2020
The Reserve Bank of Australia (RBA) kept domestic interest rates unchanged - the targets for the official cash rate at 0.25% and the yield on 3-year Australian Government bonds at 25 basis points - at its September meeting, as expected. What came as ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... consecutive quarter of decline and is the sharpest since the March 2016 quarter - one of the factors that prompted the Reserve Bank of Australia (RBA) to cut the official cash rate from 2.0% to 1.75% in April and then again to 1.5% in August of the same ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... increased concerns about the risks this poses globally to banking sectors and economies more broadly, according to the Reserve Bank of Australia. In a new paper titled How Risky is Australian Household Debt? the RBA said the current level of household ...

Chief economist update: Gone fishing

BENJAMIN ONG  |  MONDAY, 24 AUG 2020
"Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime." Reserve Bank of Australia (RBA) governor Philip Lowe didn't exactly quote this proverb when he testified before the House of Representatives Standing ...

LNP halts push for SG rise

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
... explaining to Australians why they should sacrifice more of their wages for super. The statement comes after the Reserve Bank governor Philip Lowe told the House of Representatives Standing Committee on Economics that an increase to SG will impact wage ...

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
Reserve Bank of Australia governor Philip Lowe said the legislated increase to the superannuation guarantee will impact wage growth and the government will need to weigh up the impacts of that. Speaking at the House of Representatives Standing Committee ...

Chief economist update: Ardern's ardour

BENJAMIN ONG  |  TUESDAY, 11 AUG 2020
... reverse the 1.3% quarter on quarter drop (-0.2%) in the economy's national output in the national quarter. The Reserve Bank of New Zealand meets for policy deliberations tomorrow. Will they, won't they? "Six of nine economists surveyed by Bloomberg ...

Chief economist update: The RBA's lullaby

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2020
The Reserve Bank of Australia (RBA) delivered what every rational individual expected it to. At the conclusion of its August 4 meeting, the board of the Australian central bank kept monetary policy settings unchanged - the official cash rate at a historic ...