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Showing 51 - 60 of 255 results for %22Philip Lowe%22

Chief economist update: Gone fishing

BENJAMIN ONG  |  MONDAY, 24 AUG 2020
... feed him for a day. Teach a man to fish and you feed him for a lifetime." Reserve Bank of Australia (RBA) governor Philip Lowe didn't exactly quote this proverb when he testified before the House of Representatives Standing Committee on Economics ...

LNP halts push for SG rise

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
... Australians why they should sacrifice more of their wages for super. The statement comes after the Reserve Bank governor Philip Lowe told the House of Representatives Standing Committee on Economics that an increase to SG will impact wage growth. Additionally ...

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
Reserve Bank of Australia governor Philip Lowe said the legislated increase to the superannuation guarantee will impact wage growth and the government will need to weigh up the impacts of that. Speaking at the House of Representatives Standing Committee ...

Chief executives cop pay cuts

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
Australia's top ranking bosses have endured pay cuts as boards have reined in bonuses ahead of the COVID-19 pandemic according to the Australian Council of Superannuation Investors (ACSI). ACSI's CEO Pay in ASX200 Companies research shows that ...

Chief economist update: The RBA's lullaby

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2020
... - 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 period and ...

No such thing as a free lunch: Lowe

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
Reserve Bank of Australia governor Philip Lowe has said the government will likely need to borrow more money, but warned the central bank will not directly provide funding. Giving his annual address to the Anika Foundation, Lowe stressed that while ...

Chief economist update: We're all Victorians now

BENJAMIN ONG  |  FRIDAY, 10 JUL 2020
... the decline in infections and the easing of restrictions in most of the country." 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 ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... 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 to ensure bond markets ...

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

BENJAMIN ONG  |  TUESDAY, 2 JUN 2020
... 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 cash rate at 0.25% ...

Clearstream rebrands Australian acquisition

ALLY SELBY  |  MONDAY, 1 JUN 2020
The $14 trillion post-trade securities service provider has rebranded an Australian managed funds business that it acquired in July last year. Sydney-based Ausmaq will be renamed Clearstream Australia from June 1, and will provide custody and administrative ...