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

Search Results

Showing 681 - 690 of 2741 results for "Reserve Bank"

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 ...

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
The Reserve Bank of India is full of surprises. When financial markets expected it to raise interest rates, it didn't. When everyone expected interest rates to remain steady, it cut. Recall that back in October 2018, the RBI surprised markets by ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
... inflation is expected to rise to around the mid-point of our target range at 2%." These were the rationales behind the Reserve Bank of New Zealand's (RBNZ) decision - as explained by Governor Adrian Orr - to keep the official cash rate unchanged ...

Former Westpac GM joins APRA review

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... non-executive director of Wesfarmers. Joining Smith-Gander on the review panel will be former deputy governor of the Reserve Bank of New Zealand, Grant Spencer. Spencer formerly held senior roles at the International Monetary Fund and was also previously ...

ASIC gears up for Brexit

KANIKA SOOD  |  MONDAY, 11 FEB 2019
... it will update its information sharing arrangements on clearing and settlement facilities with the BoE. ASIC and Reserve Bank of Australia are working with the BoE, who has confirmed it will conduct an equivalence assessment for Australia's regime for ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... medium-term objective, then we would not restrict the economy's growth," Former RBA Governor Ian Macfarlane Current Reserve Bank of Australia (RBA) governor Philip Lowe and the distinguished men and women of the board are scheduled to hold their ...

Morningstar distribution executive joins fund manager

JAMIE WILLIAMSON  |  FRIDAY, 1 FEB 2019
... Netwealth, HUB24 and Praemium. The fund is modelled on Milford's Active Growth Fund and targets a return of 5% above the Reserve Bank of Australia cash rate with an unconstrained approach. The fund is managed by Sydney-based chief investment officer ...

Australia Day honours recognise industry stalwarts

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... organisations. Broadbent is the former chair of the Clean Energy Finance Corporation and is a former board member of the Reserve Bank of Australia and the ASX. Richard Haddock, chair of the Australian Catholic Superannuation and Retirement Fund, was ...

Labour and housing drive rate sentiment

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
As the Reserve Bank of Australia holds the cash rate at 1.5%, economic conversations are moving from a rise to a cut. AMP Capital chief economist Shane Oliver earlier this month said the RBA could cut to 1% by the end of 2019, with the first rate cut ...