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Showing 51 - 60 of 459 results for "Board meeting"

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
Senator Jane Hume has clarified why the government's latest reforms will seek to identify underperforming MySuper products. Hume was speaking at a Financial Services Council (FSC) event about the Your Super, Your Future package announced as part of ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... Bank gave a fairly clear hint that the board is set to cut the cash rate and other key policy rates at its October board meeting..." "The theme is likely to be, as we saw in March, a Team Australia moment where the Reserve Bank is directly supporting ...

thedocyard details merger, proposes raise

ANNABELLE DICKSON  |  WEDNESDAY, 19 AUG 2020
Digital dealtech company thedocyard has entered into a heads of agreement to acquire 100% of tech company Ansarada and has announced a $45 million capital raise to help fund the transaction. Upon completion, the merger will form a leading global software ...

Chief economist update: We're all Victorians now

BENJAMIN ONG  |  FRIDAY, 10 JUL 2020
... Reserve Bank of Australia governor Philip Lowe issued this statement at the conclusion of the central bank's Board meeting on 7 July. Economic stats and surveys bore witness to Gov Lowe's words. The charts highlight the country's improving ...

Economic outlook not as bad as predicted: RBA

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... points. "Given these developments, the bank has purchased government bonds on only one occasion since the previous board meeting, with total purchases to date of around $50 billion," he said. "The bank is prepared to scale-up its bond purchases again ...

Chief economist update: The outlook for Australia, according to COVID-19

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2020
... The drop in the Commonwealth Bank Composite PMI for Australia (that was released on the same day as the RBA's Board meeting) to a record low of 21.7 in April from 39.4 in the previous month -- as both manufacturing (down to 45.6) and services (down ...

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
... Australia (RBA) will no longer cut the official cash rate by 25 basis points - to 0.5% - when it holds its first board meeting for 2020 on February 4. No Virginia, I didn't say that, it's derived from changed expectations with markets pricing ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... RBA's view that the global economic risks have recently eased - well, they have until the day of the RBA's Board meeting - the risks have escalated anew. Some say that it is Trump's ploy to get whichever country is on the other side of his ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... meeting strengthened (with 93% probability) as against expectations that the RBA would remain on hold at its next board meeting on November 5. Unlike China, Australia may not be playing the tit-for-tat tariff hike game with the US but it's in a race ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... about a Melbourne Cup Day interest rate cut! The minutes of the Reserve Bank of Australia's (RBA) October 1 Board meeting first hinted on this, stating that the stimulatory effects of lower interest rates on borrowing "may not be operating in the ...