Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 751 - 760 of 4771 results for "Reserve"

Chief economist update: Bubble, bubble getting out of trouble

BENJAMIN ONG  |  MONDAY, 19 APR 2021
... sans quarantine re-start postponed reunions and visits t families and friends on both sides of the pond, it would, as the Reserve Bank of New Zealand (RBNZ) declared recently, "support incomes and employment in the tourism sector both in New Zealand ...

Chief economist update: RBNZ keeps policy steady on unsteady outlook

BENJAMIN ONG  |  THURSDAY, 15 APR 2021
If in doubt, remain patient and do nothing. This is the gist of the Reserve Bank of New Zealand (RBNZ) policy statement following the conclusion of its April 14 monetary policy meeting. The RBNZ kept the official cash rate unchanged at 0.25% and maintained ...

Super fund liquidity could be better: RBA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 APR 2021
... manage liquidity well, funds should consider the extent to which they rely on certain asset classes for liquidity, the Reserve Bank of Australia (RBA) has said. In its Financial Stability Report for April, the RBA praised super funds' management of liquidity ...

FASEA chair to remain

ANNABELLE DICKSON  |  TUESDAY, 13 APR 2021
... ASIC. Walter was first appointed as chair of FASEA following its establishment in 2017 and is currently a director of the Reserve Bank of Australia's Payments System Board and Australian Foundation Investment Company. She is also chair of Melbourne Genomics ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
"Come on, Barbie, let's go party"... until 2024. In Reserve Bank of Australia (RBA) parlance: "The board is committed to maintaining highly supportive monetary conditions until its goals are achieved. The board will not increase the cash rate until ...

ASIC drops Caddick charges

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
ASIC has dropped all 38 charges it was pursuing against missing woman and self-proclaimed financial adviser Melissa Caddick. The regulator was pursuing criminal charges against Caddick, who has been missing since November last year. The charges included ...

Chief economist update: BOJ has no plans to ease easing

BENJAMIN ONG  |  TUESDAY, 30 MAR 2021
... target in a stable manner". This was as expected and in-line with unchanged policy decisions by its peers - the Federal Reserve, the European Central Bank and the Bank of England - in the same month. Besides, the BOJ was waxing optimistic over the outlook ...

Chief economist update: Australia's virtuous cycle keeps on turning

BENJAMIN ONG  |  MONDAY, 29 MAR 2021
... interim report, the OECD upgraded Australia's 2021 GDP growth forecast by 1.3 percentage points to 4.5%. With the Reserve Bank of Australia (RBA) maintaining its guidance to provide continued policy support, the AztraZeneca COVID-19 vaccine being ...

Super fund ups stake in renewable company

KARREN VERGARA  |  FRIDAY, 26 MAR 2021
A $55 billion super fund has upped its stake into renewable energy company Powering Australian Renewables (PowAR) for an undisclosed figure. Hostplus has increased its investments in PowAR, which operates wind and solar generation. The super fund said ...

Westpac considering NZ demerger

ANNABELLE DICKSON  |  THURSDAY, 25 MAR 2021
... for these businesses going forward," the bank said in a statement. The move follows yesterday's announcement that the Reserve Bank of New Zealand (RBNZ) instructed Westpac New Zealand (WNZL) to hold additional liquid assets and commission independent ...