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

Search Results

Showing 601 - 610 of 2741 results for "Reserve Bank"

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... that JMK (John Maynard Keynes), himself, cited when he gave us the 'Paradox of Thrift'. This was what the Reserve Bank of Australia (RBA) was alluding to its policy statements for many months now: "The main domestic uncertainty continues to be ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... economic growth accelerated to 1.7% in the year to the September quarter from 1.6% in the June quarter, justifying Reserve Bank of Australia (RBA) governor Philip Lowe's oft-repeated claim that, "the Australian economy appears to have reached a gentle ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
The Reserve Bank of Australia (RBA) disappointed no one when it kept the official cash rate unchanged at a record low 0.75% after the conclusion of its December 3 meeting. This is perfectly rational: Monetary policy operates with a lag - it takes about ...

Industry's Best of the Best celebrated

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... long-term wealth by identifying and profiting from market anomalies, and noted its consistent outperformance of the Reserve Bank cash rate. Speaking to Financial Standard after the event, FS Power50 member and Evalesco financial adviser Marshall Brentnall ...

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
... cash rate of 0.25 per cent, but not before that," Lowe said. "Because a cash rate of 25 basis points, the rate the Reserve Bank is paying on bank reserves is effectively zero - would be zero on those bank reserves." Will we see the official cash rate ...

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
... ten universities in five states. Among them are macroeconomists, economic modellers, former Treasury, IMF, OECD and Reserve Bank officials and a former government minister." Just as I've put forward five months earlier on June 6, ABC reported that ...

Chief economist update: Reversal of fortune

BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
Over the past few months, I've been singing sad songs about the Australian economy and the need for the Reserve Bank of Australia (RBA) and the Morrison government to do more to reverse the slowing momentum in economic activity in this 'Lucky ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... Australian labour market report. Duh! If financial markets were waiting for the jobs report to raise the odds of another Reserve Bank of Australia (RBA) rate reduction, they're too late. The only question that needs to be answered is how low would ...

RMBS scrutiny could be loosened in US

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
... requirements. In Australia, RMBS issuance is a major source of funding for residential mortgages. In a speech last year Reserve Bank of Australia assistant governor (financial markets) Christopher Kent said: "Last year, RMBS issuance was at its highest ...

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
When the Reserve Bank of Australia (RBA) met and decided to keep the official cash rate unchanged at 0.75% on November 5, Governor Philip Lowe issued this optimistic statement: "After a soft patch in the second half of last year, a gentle turning point ...