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Showing 671 - 680 of 2741 results for "Reserve Bank"

Big banks, super funds join forces for sustainability

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
... the financial services community," he said. "Climate change was recently described by the deputy governor of the Reserve Bank of Australia as a 'systemic risk' to the stability of our economy, and APRA emphasised last week that climate risks are 'material ...

Chief economist update: RBA repeats history

BENJAMIN ONG  |  FRIDAY, 22 MAR 2019
The Reserve Bank of Australia (RBA) may not even need to acquiesce to mounting consensus expectations for at least one interest rate cut this year after the Australian Bureau of Statistics' (ABS) good news on the country's unemployment rate ...

Banks must prioritise NPP, says Reserve Bank

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
The $1 billion New Payment Platform seems to be another headache for the big banks. Reserve Bank governor Philip Lowe asked the chief executives of the big four to confirm they are putting significant resources into rolling out the high speed payment ...

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
The 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
... normality, punctuated by NY 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 ...

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

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... measures of CPI 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 ...

New directors join Frontier Advisors

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAR 2019
... board. Edwards has had a long career in public policy and recently completed a term as a member of the board of the Reserve Bank of Australia. From 1991 to 1994 he was principal economic adviser to Prime Minister Paul Keating. He is also a former head ...

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

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
... the guidance of ASIC's RG256 over the calculation of refunded fees. RG256 guides institutions towards paying the Reserve Bank's minimum cash rate plus 6%, however Macquarie proposed using a proxy rate to reflect lost earnings, with either the higher ...

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... monetary policy would be appropriate"); Bank of Canada ("interest rates to its neutral range 2.5% -3.5%); and the Reserve Bank of Australia ("the next move in interest rate is likely to be up rather than down"). And that's not all of them. The US ...