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Showing 41 - 50 of 198 results for "RBA Governor"

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... Reserve Bank of Australia (RBA) painted a pretty picture of the Australian economy in its first board meeting for 2021. RBA governor Philip Lowe's statement at the conclusion of the Australian central bank's February meeting was optimistic: "In ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... unless the jobless rate goes down. This was repeated at the final meeting of the RBA board in December 2020, where RBA governor Philip Lowe said the central bank was prepared to do more in helping the government with rebuilding the Australian economy. ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
... minister Scott Morrison's demand for an apology from China. The RBA though has become concerned and it showed in RBA Governor Philip Lowe's statement in his December monetary policy statement. There were no references to "China" - its defeat ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... 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 era of monetary policy in Australia. The ...

Fiscal policy spurs investor confidence: Citi

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... stimulus and the expectation of further monetary stimulus in both Australia and New Zealand." "During his speech, the RBA governor clearly outlined his willingness to do more with monetary policy and we have seen a significant market reaction in kind." ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... not if the RBA could help it. Speaking at Citi's 12th Annual Australia and New Zealand Investment Conference, RBA Governor Philip Lowe all but confirmed that further easing in monetary policy is in the works. Although he believes that "a recovery ...

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... of its TFF programme. But make no mistake, the RBA remains resolute in keeping us "alive" now. In his statement, RBA governor Philip Lowe stressed that: "The board is committed to do what it can to support jobs, incomes and businesses in Australia" ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... "Members agreed that negative interest rates in Australia remain extraordinarily unlikely." This was later stressed by RBA governor Philip Lowe when he testified before the House of Representatives Standing Committee on Economics on August 14. "...negative ...

Banks to be questioned on COVID-19 response

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... business loan deferrals, and where there are opportunities for reform of responsible lending laws in light of the RBA governor's recent evidence to the committee," he said. In addition to COVID-19, the hearings will examine the four major banks' progress ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... April and then again to 1.5% in August of the same year. Eighteen months on -- the time back in August 2014 when then RBA governor Glenn Stevens told the House of Representatives Standing Committee on Economics that he has done enough: "You can't ...