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Showing 51 - 60 of 198 results for "RBA Governor"

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... Similarly, while the labour market outcomes have been poor, they have not been as bad as expected." Looking forward, the RBA governor said there is a high degree of uncertainty about the outlook and Australia's economic recovery depends upon how successful ...

Chief economist update: The RBA's lullaby

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2020
... second wave - and the subsequent Stage 4 lockdown in Melbourne - isn't dire enough to prompt action. Au contraire, RBA Governor Philip Lowe's statement exudes optimism albeit, cautious: "The Australian economy is going through a very difficult ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... developments, the bank has not purchased government bonds for some time, with total purchases to date of around $50 billion," RBA governor Philip Lowe said. "The Bank is prepared to scale-up its bond purchases again and will do whatever is necessary ...

Chief economist update: What to expect when you're expecting

BENJAMIN ONG  |  TUESDAY, 2 JUN 2020
... Australia's (RBA) policy decision - to be announced this afternoon - will only confirm what everyone already is expecting. RBA Governor Philip Lowe and his board will keep Australia's monetary policy settings unchanged - the targets for the official ...

Banks urged to step up

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
... maintained during a once in a century shock. These buffers have been built up to be used in an event such as this." The RBA governor said a reduction in a capital buffer ratios would be entirely appropriate as lenders "support customers" during the COVID-19 ...

Australia versus the world

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... thereof, from the RBA to a time limit on this emergency cash rate is an important message to the economy." Kirkham said RBA governor Philip Lowe's objective of generating a sustained inflation rate of 2%-3% per year and an unemployment rate that approaches ...

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
... time - $17.6 billion on 12 March; $66.1 billion on 22 March; and, $130 billion on 30 March - so far. So much so that RBA governor Philip Lowe is confident that "The coordinated monetary and fiscal response, together with complementary measures taken ...

RBA expands stimulus measures to states

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
... remunerating exchange settlement balances at 10 basis points instead of zero. When announcing the quantitative measures RBA governor Philip Lowe said that while COVID-19 is a public health issue, the bank was compelled to step-in due to the "very major" ...

RBA pulls QE trigger

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... banking system and remunerating exchange settlement balances at 10 basis points instead of zero. The move comes after RBA governor Philip Lowe announced on Monday the bank was standing ready "to purchase Australian government bonds". Lowe said that while ...

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... not the only central bank to start implementing more drastic measures to offset the economic impact of the virus. RBA governor Philip Lowe said the central bank "stands ready to purchase Australian government bonds." Lowe made the announcement on Monday ...