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Showing 41 - 50 of 3611 results for %22Reserve Bank%22

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 ...

Macquarie appoints Byres, half-year results decline

KARREN VERGARA  |  FRIDAY, 3 NOV 2023
... 2024. Byres left APRA last October after serving as chair for more than eight years. Byres was also a member of the Reserve Bank of Australia's Payments System Board during that period. He is currently an adviser with the International Monetary Fund. ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... in June, prompting GSFM investment strategist Stephen Miller to label an upcoming interest rate adjustment by the Reserve Bank of Australia (RBA) on Melbourne Cup Day as near certain. Miller pointed out that the most recent RBA board meeting indicated ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
Reserve Bank of Australia (RBA) assistant governor Christopher Kent has punctuated that beyond the cash-flow channel, where a rise in the cash rate leads to higher interest payments for those with debt, there exists other avenues through which monetary ...

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
... Australian investors greater access to global private credit and will target a total net return equivalent to the Reserve Bank of Australia (RBA) cash rate plus 8%. It follows a $200 million commitment from Washington H. Soul Pattinson as part of a joint ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... activities will likely go into private markets and non-bank lending. Small but growing market share 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 ...

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
... are vulnerable to further shocks following high inflation and the tightening of monetary policy. According to the Reserve Bank of Australia's (RBA) most recent Financial Stability Review, the Australian business sector remains resilient off the back ...

Bullock keeps cash rate at 4.10%

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
The Reserve Bank of Australia (RBA) governor Michele Bullock has left the cash rate at 4.10% for the month of October. Announcing the latest monetary policy decision whilst taking the helm for the first time, Bullock left the door open for potential ...