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Showing 61 - 70 of 1044 results for "Governor"

RBA lays down the law on interest rates

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
Reserve Bank of Australia (RBA) governor Michele Bullock has doubled down on keeping interest rates on hold for the remainder of this year, despite market expectations for a cut before Christmas. Speaking at the Anika Foundation Fundraising Lunch, Bullock ...

Economists hit back at RBA guidance

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
... will not be any short-term cutting of interest rates, but the market is pricing in a cut before the end of the year. RBA governor Michele Bullock pushed back against the market pricing, stating it was "premature to be thinking about rate cuts" and a ...

Aware Super welcomes new chair

MATTHEW WAI  |  TUESDAY, 20 AUG 2024
... effective October 1. The appointment follows the departure of Sam Mostyn, who stepped down to become Australia's governor general in April. McLoughlin joins the board with over 25 years of experience in the financial services sector as both an executive ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... experts continue to be divided on the possibility of a rate cut this year from the Reserve Bank of Australia (RBA). RBA governor Michele Bullock insisted "that a near-term reduction in the cash rate doesn't align with the board's current thinking". ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.35% at its August board meeting. RBA governor Michele Bullock said the case for an interest rate cut in the near-term was not a likely scenario. "Based on what I know today and what ...

Australia unlikely to tame inflation

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... forecast is 3.8%. That was revised up from February. So, the RBA has constantly revised up its inflation forecast, and the governor has told us the board needs a lot to go their way to resist the tightening." Seven months into 2024, Australia faces similar ...

Funds SA, Mercer Super make key appointments

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024
The $43 billion public sector fund has welcomed a former central bank deputy governor to its board, while Mercer Super has a new chair. Guy Debelle has joined the fund for South Australian government employees, bringing a tremendous depth of experience ...

UK government to establish national wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JUL 2024
... has begun." The Labour Party has worked with a taskforce in developing the fund, which includes former Bank of England governor Mark Carney, Aviva chief executive Amanda Blanc, and Barclays chief executive CS Venkatakrishnan. In designing the fund, the ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... efforts will make the Pacific Islands a more attractive place for banks to do business." Reserve Bank of Australia (RBA) governor Michele Bullock said pleasingly, there are "green shoots." She welcomed initiatives by the Pacific Islands Forum secretariat ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... But we do not think the Budget has shifted the dial on the RBA's assessment of the economic outlook," Aird said. "RBA governor Bullock stated that she does not think the $300 energy bill relief will have, 'a material impact on reducing (underlying) inflation ...