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Showing 51 - 60 of 1044 results for "Governor"

Chalmers unveils new-look RBA boards

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... women," Chalmers said. "These appointments will ensure continuity on both boards, consistent with the preference of the RBA governor. Each member has made a significant contribution to the RBA board, and I am grateful for their continued service. "These ...

RBA 'paves way' for February rate cut

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
... confidence that inflation is moving sustainably towards target". At the press conference following the decision, RBA governor Michele Bullock was asked about the sentiment change, and she confirmed that it was an intentional move. "The dovish pivot that ...

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
... global central banks having begun a rate cutting cycle. But the RBA has been undeterred from holding rates steady with governor Michele Bullock remaining steadfast that the bank will only act once inflation is "sustainably" within the central bank's ...

Bullock hints at no rate cut in 2025

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
Reserve Bank of Australia (RBA) governor Michele Bullock has reaffirmed the central bank's stance that interest rates are likely to stay higher for longer as sticky inflation persists. Speaking at a Centre of Economic Development (CEDA) dinner ...

Wages grow 3.5% for the year

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... seen a recent uptick in the share of firms indicating that labour is a constraint on production," Wu said. "And the RBA governor noted at her November press conference there are some signs the easing in the labour market might have 'stabilised a bit' ...

RBA seeks input on CBDC research project

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
... experimental research phase of Project Acacia, as well as joining the Industry Advisory Group for the project. RBA assistant governor Brad Jones highlights the importance in assessing the practising of Project Acacia. "Shaping the future of money in ...

Interest rates to remain on hold for some time

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
... inflation is moving sustainably to the middle of our 2-3% target range," the RBA said. Speaking on the decision, RBA governor Michele Bullock urged the government to get its spending under control, insinuating that it was adding to the inflation problem. ...

Australians living through protracted period of economic misery: CEDA

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
... CEDA economist Liam Dillon said this clearly highlights the difficult trade-off facing Reserve Bank of Australia (RBA) governor Michele Bullock. "Inflation remains stubbornly high, despite having moderated since its peaks. It continues to hurt households ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
... December," Aird said. "The recent strength in employment growth coupled with still relatively hawkish rhetoric from the RBA governor means we now see December as the more likely month for the start of normalising the cash rate."

RBA doubling down on wholesale CBDC

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
... viability of CBDC in partnership with Digital Finance Cooperative Research Centre launched in 2022. Commenting, assistant governor Brad Jones at the RBA said: "The RBA is making a strategic commitment to prioritise its work agenda on wholesale digital ...