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Showing 741 - 750 of 2021 results for "RBA"

Chief economist update: Wagering on wages

BENJAMIN ONG  |  WEDNESDAY, 21 FEB 2018
... wages to remain unchanged at a 2% rate in the fourth quarter from the third. Reading from the Reserve Bank of Australia's (RBA) monetary policy statement after its 6 February meeting, the Australian central bank is wagering on the same: "Notwithstanding ...

Chief economist update: RBA sees wages growth recovering but it's not guaranteed

BENJAMIN ONG  |  WEDNESDAY, 14 FEB 2018
... only indicates "an extended period of broadly stable, modest, wages growth". This is one of the three questions Luci Ellis - RBA Assistant Governor (Economic) - tried to answer in her address to the ABE Conference in Sydney yesterday. "How resilient ...

Chief economist update: RBA to lift rates after 2018

BENJAMIN ONG  |  THURSDAY, 8 FEB 2018
... signal about their intent? Should the rumblings on Wall Street continue, those predicting that the Reserve Bank of Australia (RBA) would maintain the status quo on monetary policy and keep the official cash rate at a record low of 1.5% for all of 2018 ...

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
... Statistics' (ABS) update on domestic consumer prices showed very little "plus ca change", suggesting no "plus ca change" in RBA monetary policy as well. Australian headline inflation accelerated a tad to 1.9% in the year to the December quarter from ...

Money managers eye household debt

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
... is also expected to begin stepping back from historically low interest rates, though economist Saul Eslake predicts: "The RBA will be a laggard, not a leader." Eslake says it's difficult to pinpoint exactly how these consequences will manifest, but there ...

Chief economist update: Consumers don't spend on confidence alone

BENJAMIN ONG  |  THURSDAY, 18 JAN 2018
... before it went on a rate cutting spree that took interest rates to where they are today - 1.5%. The good news is that the RBA has learnt not to jump the gun as evidenced by Westpac's other statistical comparison, "this is the best monthly index read ...

Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 15 DEC 2017
... record high household debt and stagnant wages growth. The strengthening labour market should see wages bid up more so given the RBA's observation (noted in its December 2017 statement) that "some employers are finding it more difficult to hire workers ...

Down, down business conditions are down

BENJAMIN ONG  |  WEDNESDAY, 13 DEC 2017
... certainly doesn't fit with the current record low level of the official cash rate (1.5%) nor the current neutral stance in RBA monetary policy. The last time business conditions were nearly this lovely (+20 in July 2007), the official cash rate was at ...

Centuria Capital appoints Macquarie veteran to board

ALEX BURKE  |  WEDNESDAY, 6 DEC 2017
... director at Deutsche Bank, a senior manager at Bankers Trust Australia and served in the exchange control department of the RBA. Centuria also announced the departure of Roger Dobson, who was a director of Centuria Life and the Over Fifty Guardian Friendly ...

A case for faster wages growth (or not)

BENJAMIN ONG  |  WEDNESDAY, 6 DEC 2017
The Reserve Bank of Australia (RBA) didn't disappoint market expectations when it conducted its last board meeting for 2017. The Australian central bank kept the official cash rate where it had been since August 2016, at a record low 1.5%. The December ...