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Showing 641 - 650 of 2021 results for "RBA"

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
The Reserve Bank of Australia (RBA) will release the minutes of its March 5 board meeting - 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 ...

RBA issues stern climate change warning

ELIZABETH MCARTHUR  |  MONDAY, 18 MAR 2019
... Reserve Bank of Australia says the economy faces an "abrupt" blow to financial stability from climate change. In a speech, RBA's deputy governor Guy Debelle said climate change will likely have a permanent effect on the Australian economic landscape. ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
... Fed president John Williams' recent comment that the Fed funds rate is now at neutral. The Reserve Bank of Australia (RBA) shifted its policy stance from tightening to neutral; the European Central Bank (ECB) launched TLTRO III this month (just two ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... slowed to 1.75% in the December 2018 quarter from 1.80% in the previous quarter. So what's the Reserve Bank of Australia (RBA) waiting for? Why doesn't it cut interest rates, and cut it now? I could only surmise that the reason is because the ...

Banks, ASIC still at war over fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
... proposed using a proxy rate to reflect lost earnings, with either the higher of the Macquarie Cash Management Account rate or the RBA rate to be used. Similarly, ANZ said it would calculate interest to reflect lost earnings, but would calculate interest ...

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... The BOC has also changed its tune to "continues to warrant a policy interest rate that is below its neutral range"; and the RBA? Yes, it's now saying that "the next-move-is-up scenarios were more likely than the next-move-is-down scenarios"... with ...

Chief economist update: European Central Bank policy U-turn

BENJAMIN ONG  |  FRIDAY, 8 MAR 2019
... inflation - following the conclusion of its 7 March 2019 Governing Council meeting. Just as Financial Standard called for RBA rate cuts and the Fed's now at neutral ahead of the pact, we also anticipated the coming of a fresh LTRO ahead of the pack ...

Chief economist update: Cash rate should be 1%

BENJAMIN ONG  |  THURSDAY, 7 MAR 2019
... tidings for the outlook on household consumption. There's also the negative wealth effect from falling property prices. Yet, RBA governor Philip Lowe doesn't seem perturbed. Lowe told his audience at the AFR Business Summit yesterday that "the ...

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
As expected, the Reserve Bank of Australia (RBA) did nothing to monetary policy after the conclusion of its second board meeting this year. It kept the official cash rate at a record low, predicated on the same rationale it put forth at its February ...

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

BENJAMIN ONG  |  TUESDAY, 5 MAR 2019
... What's the time Mr. Wolf? It's the first Tuesday of a new month - it's time for the Reserve Bank of Australia's (RBA) scheduled monthly board meeting. Financial markets expect the RBA to do nothing this month but expectations further ...