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Showing 61 - 70 of 459 results for "Board meeting"

AMPFPA selects law firm

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2019
... ever met with a subset of the AMPFPA board, not the entire board as is the requirement. "He has never been to a board meeting, he's never consulted with anybody in their board capacity... Never in the capacity as he's meant to for those requirements ...

Chief economist update: RBA cuts official cash rate to 0.75%

BENJAMIN ONG  |  WEDNESDAY, 25 SEP 2019
... around 230 in the afternoon of Tuesday, October 1, after the Reserve Bank of Australia (RBA) concludes its scheduled board meeting. In his address to the Armidale Business Chamber, RBA governor Philip Lowe practically confirmed widespread market expectations ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... escalated and blew a strong tailwind into the Japanese yen's sails. So much so, that since the BOJ's last board meeting, the Japanese currency has appreciated by 2.2% to ¥106.28 versus an appreciating US dollar (+0.3% since and +2.1 ytd, based ...

Chief economist update: RBA heading to zero

BENJAMIN ONG  |  WEDNESDAY, 7 AUG 2019
... A$53 billion off the Australian equity market on the same day the Reserve Bank of Australia (RBA) held its August board meeting. As expected, the RBA kept interest rates on hold at 1% following its back-to-back 25 bps interest rate cuts in June and July. ...

Chief economist update: The back-to-back rate cuts Australia has to have

BENJAMIN ONG  |  WEDNESDAY, 3 JUL 2019
... Four' banks and financial market expectations that it would... cut interest rates by another 25 bps at its July 2019 board meeting. So soon after it cut the official cash rate a month before. In two months' time, the official cash rate has dropped ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
... NAB, Westpac - think the RBA will announce a 25 bps reduction in interest rates at the conclusion of its July 2 board meeting. Financial markets, too, seem convinced, placing a 72% odds-on bet that the cash rate would be at 1% by Tuesday next week. But ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... Understandably, another interest rate reduction only a month after it handed out a 25 basis point cut at its May board meeting could be counter-productive, indicating a sense of urgency (if not, panic) on the domestic economic outlook. Then again, the ...

Chief economist update: The path of monetary policy according to Lowe

BENJAMIN ONG  |  WEDNESDAY, 5 JUN 2019
... make this a real possibility. Governor Philip Lowe's statement after the conclusion of the RBA's June 4 board meeting doesn't offer much indication of the way forward. As in the May statement, the economy is expected to grow by 2.75% this ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
... Lowe's speech before the Economics Society of Australia on May 21 and later, in the minutes of the RBA's board meeting. I could live with two or three, even four interest rate reductions. The thing is, they don't make sense. The financial ...

Chief economist update: RBA to take rates to fresh record low

BENJAMIN ONG  |  WEDNESDAY, 22 MAY 2019
... Monetary Policy' - delivered to the Economic Society of Australia on May 21 concluded with a reference to the May board meeting and the RBA's thinking going into June deliberations. "At that meeting, we discussed a scenario in which there was ...