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Showing 41 - 50 of 95 results for "RBA Board"

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
... passed and restrictions are removed". For sure and for certain! Economic stats and surveys at the same time that the RBA Board met show the extent of the challenges Australia face. The ANZ job ads index dropped by 10.3% in the month of March (following ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... Bank of Australia (RBA)'s full employment target just got a little harder to meet. Recall that in his speech at the RBA board dinner with the business community on June 4 - the night after the afternoon when the central bank announced its first rate ...

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
... when it decided to keep interest rates unchanged at a record low 1.5% - today. I imagine that the men and women of the RBA board would have discussed the slowing trend in the Australian economy, the multiplier effects of the housing downturn, tariff ...

Chief economist update: How would you vote if seated on the RBA board?

BENJAMIN ONG  |  TUESDAY, 5 MAR 2019
... two rate reductions of 25 bps each - one in August, another in November this year. No doubt the men and women of the RBA board would have seen the latest statistical updates on the domestic economy. Below are some of these indicators, sourced from Rainmaker ...

Macquarie reshuffles asset management lineup

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
... senior appointments and reshuffled its asset management business as it posts 1H19 net profits of $1.3 billion. Former RBA board member Jillian Broadbent AO is joining the boards of Macquarie Group and Macquarie Bank as an independent non-executive director ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
... being buffeted by worries galore, directly opposite to what its shadow (or more accurately, some members of the shadow RBA Board) proposes - a rate hike. But I guess this is the lesser of two evils. A rate reduction would re-ignite the fire of already ...

RBA appoints next governor

ALEX BURKE  |  FRIDAY, 6 MAY 2016
... role in September, has been deputy governor at the central bank since February 2012. He is also deputy chair of the RBA board and chair of the RBA's risk management committee. Prior to these roles, he held numerous others with the RBA going back to 1980. ...

NAB appoints new chair

ALEX BURKE  |  THURSDAY, 7 MAY 2015
... has been on NAB's board since November 2011. Previously he was Secretary of the Commonwealth Treasury and sat on the RBA board. He has also held (or currently holds) positions at the Council of Financial Regulators, Trans-Tasman Banking Council and the ...

Governor Glenn lets his jaw drop

BENJAMIN ONG  |  MONDAY, 7 JUL 2014
... 'Economic Update' talk about? Why, an economic update of course! Here, Governor Glenn presented a rationale for why the RBA Board decided "to cease references to a future 'period of stability' and revert to the more normal formulation that the stable ...

RBA and Melbourne Cup two-fecta

BENJAMIN ONG  |  TUESDAY, 5 NOV 2013
... rate are not supported by Australia's relative levels of costs and productivity."? And before this, right after the RBA Board meeting on the 1st of last month, the governor stated that, "The Australian dollar rose recently, but is still about 10 per ...