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Showing 721 - 730 of 2021 results for "RBA"

RBA names new chief information officer

ALEX BURKE  |  FRIDAY, 27 APR 2018
The Reserve Bank of Australia has appointed a new chief information officer. Gayan Benedict has been serving as the RBA's deputy head, technology services since 2013. Before that, he was senior manager, department of information technology. Prior to ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
... December 2017 quarter, slower than market expectations for an acceleration to 2.0% and still below the bottom range of the RBA's 2%-3% target band. This may have implications for enterprise bargaining agreements and pension increases, but to those looking ...

Chief economist update: Australian workers, don't expect a pay rise

BENJAMIN ONG  |  FRIDAY, 20 APR 2018
... 24,700 in March after dropping by 26,300 in February. Heads or tails? Given its importance to the Reserve Bank of Australia's (RBA) monetary policy decision - it's half of the central bank's dual mandate (inflation and employment growth - the domestic ...

Chief economist update: Inflation is heading Fed's way

BENJAMIN ONG  |  FRIDAY, 13 APR 2018
... than they had previously expected." The financial markets would have had a negative knee-jerk reaction. But the same way as RBA Governor Philip Lowe explained in his address to the Australia-Israel Chamber of Commerce, it's a scenario "...in which interest ...

Chief economist update: RBA certain to raise interest rates

BENJAMIN ONG  |  THURSDAY, 12 APR 2018
Speculate no further, "the next move in the cash rate will be up, not down." Reserve Bank of Australia (RBA) Governor Philip Lowe cannot be more explicit about monetary policy direction than this when he addressed the Australia-Israel Chamber of Commerce ...

Chief economist update: Another five minutes of retail sunshine?

BENJAMIN ONG  |  FRIDAY, 6 APR 2018
Reserve Bank of Australia (RBA) governor Philip Lowe must be sporting a smile on his lips for just a day after the Board met on the April 3, the Australian Bureau of Statistics (ABS) released its latest report on retail spending and...it was good. The ...

Chief economist update: Caught in the crossfire

BENJAMIN ONG  |  TUESDAY, 3 APR 2018
... dollar in the first quarter of this year and by 4.0% on the trade weighted index (TWI). And if this still isn't enough, the RBA has more scope than its peers for easier policy. Ben Ong is the Director of Economics and Investments at Rainmaker Group. ...

ASIC co-deputy chair named

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
... restrictions on how it recruits under the Public Service Act 1999, she said, bringing it ultimately in line with APRA and the RBA. "To be able to perform their roles effectively in accordance with their legislative mandate, regulators need to be able ...

Chief economist update: The trend is not our friend

BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
... pressure on wages. All else being equal, this would exert upward pressure on interest rates as the Reserve Bank of Australia (RBA) tries to prevent wage inflation from spilling over into consumer prices. Higher interest rates, in turn, carry negative ...

New income trust plans to raise $350m

KANIKA SOOD  |  THURSDAY, 22 MAR 2018
... are overweight cash having gravitated towards stable bank deposits that provide low returns as a result of the record low RBA cash rate. We are pleased to provide investors with a stable alternative, that provides both capital protection, through investment ...