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Showing 61 - 70 of 4312 results for "Bank of"

CBA updates on class actions, governance review

ELIZA BAVIN  |  WEDNESDAY, 11 FEB 2026
Commonwealth Bank of Australia (CBA) released its half year results today, seeing profits rise to $5.4 billion. As part of is H1 report, the major bank gave an update on its ongoing superannuation and advice-related class actions. CBA said it still ...

Helen Lofthouse to exit ASX in May

JAMIE WILLIAMSON  |  WEDNESDAY, 11 FEB 2026
... executive for markets. Since taking on the top job, she's faced immense pressure, including from ASIC and the Reserve Bank of Australia, over lengthy delays to the new CHESS solution. First announced in 2015, the new technology was originally supposed ...

RBA gives bleak economic outlook

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
The Reserve Bank of Australia (RBA) has revised its economic outlook, showing a higher unemployment rate and slowing GDP growth over 2026. In its Statement on Monetary Policy (SoMP), the central bank expects GDP growth to pick up slightly in the near-term ...

RBA overlooked government spending in rate hike: Hearing

KARREN VERGARA  |  FRIDAY, 6 FEB 2026
The Reserve Bank of Australia (RBA) came under fire for overlooking the role government spending, which recently peaked again, has played in driving inflation and interest rate decisions. The grilling came off the back of the Monetary Policy Board upping ...

RBA lifts the cash rate for first time since 2023

ELIZA BAVIN  |  TUESDAY, 3 FEB 2026
The Reserve Bank of Australia (RBA) has lifted the official cash rate by 25 basis points to 3.85% at its board first meeting in 2026. The RBA had either cut or kept the cash rate on hold for the past 17 consecutive meetings. In announcing the decision ...

Inflation 'uncomfortably high' as it rises to 3.8%

ELIZA BAVIN  |  WEDNESDAY, 28 JAN 2026
... 4.4%. VanEck head of investments and capital markets Russell Chesler said the read will not be favourable to the Reserve Bank of Australia (RBA) board, which will meet next week for its first interest rate decision of the new year. "Inflation remains ...

Unemployment rate may tip the scale in favour of February RBA hike

ANGELIQUE MINAS  |  FRIDAY, 23 JAN 2026
... Australian Bureau of Statistics (ABS). The unexpectedly robust employment numbers have added to the possibility of a Reserve Bank of Australia (RBA) interest rate hike back when the board meets for the February meeting. BetaShares chief economist David ...

IMF flags 'drawn out' inflation battle in Australia

ELIZA BAVIN  |  TUESDAY, 20 JAN 2026
... anchored and inflation returning toward target, with the need to remain focused on price stability being vital." The Reserve Bank of Australia is set to make i's first interest rate decision of 2026 on February 3. Due to persistent inflation, many economists ...

Laws to limit US pension plans' use of ESG pass

JAMIE WILLIAMSON  |  FRIDAY, 16 JAN 2026
... in 2022, boycotting several institutions including 10 major banks. About a year later, analysis by the Federal Reserve Bank of Chicago and the Wharton School found doing so cost the state of Texas as much as US$500 million more in borrowing costs in ...

Bullock in 'full solidarity' with Powell

ELIZA BAVIN  |  WEDNESDAY, 14 JAN 2026
Reserve Bank of Australia (RBA) governor Michele Bullock has joined 11 other central bank leaders around the world in showing support for US Federal Reserve (Fed) chair Jerome Powell. This week, the US Department of Justice served the Fed with grand ...