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Showing 61 - 70 of 198 results for "RBA Governor"

Chief economist update: Aussie employment rises... but so does our unemployment rate

BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
... achieve - except blow a bubble into the stock and property markets (which would create a new set of problems). In ex-RBA governor Glenn Stevens' parlance, the RBA has allowed the horse to come to the water of cheap funding, but it still refuses to ...

Chief economist update: Australians not confident enough

BENJAMIN ONG  |  THURSDAY, 13 FEB 2020
... the Reserve Bank of Australia's (RBA) optimism has infected sentiment among businesses and consumers. Recall RBA Governor Philip Lowe's statement at the conclusion of its February 4 meeting: "The central scenario is for the Australian economy ...

Industry super steps up SG campaign as RBA weighs in

HARRISON WORLEY  |  MONDAY, 10 FEB 2020
... broadcast TV, radio, outdoor, online and social last night, ISAs new campaign is timely in light of comments made by RBA governor Phillip Lowe at a House of Representatives Standing Committee on Economics hearing on Friday. The head of the Reserve Bank ...

Lowe snaps back at critics

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
RBA governor Philip Lowe has rejected concerns that the bank's decision to cut interest rates last year dented consumer confidence and impacted weak consumer growth. Speaking at the National Press Club, Lowe said that while he understands having rates ...

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
... total, full-time and part time jobs appear to have hit bottom and are starting to accelerate. It gives credence to RBA governor Lowe's statement that "the Australian economy appears to have reached a gentle turning point". Another gentle nudge (or ...

Chief economist update: More jobs dull rate cut bets

BENJAMIN ONG  |  FRIDAY, 20 DEC 2019
... additions to total, full-time and part time jobs appear to have hit bottom and are starting to accelerate. The trend is RBA Governor Philip Lowe's friend. It gives credence to his statement that "the Australian economy appears to have reached a gentle ...

Chief economist update: Businesses remain unmoved by low rates

BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
... official cash rate to a record low 0.75%; and the government tax rebates implemented in July. Five years earlier, then RBA governor Glenn Stevens declared that: "I've allowed the horse to come to the water of cheap funding, I can't make it drink" ...

Chief economist update: A penny saved, a penny not earned by the economy

BENJAMIN ONG  |  FRIDAY, 6 DEC 2019
... in 10 quarters - from 2.7% in the previous quarter. But hey, that was the "ghost of Christmas (er, quarter) past". RBA Governor Lowe's still thinking happy thoughts - that of a "gentle turning point" in the economy. After all, Australian economic ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... predicted single 25 bps reduction next year to keep the Australian dollar from appreciating versus the greenback. RBA Governor Lowe has already stated that 0.25% is the lowest the official cash rate could go. Quantitative easing here we come!

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
... persistent weakness in household spending (due to the high level of household indebtedness), perhaps not. Former RBA governor Glenn Stevens had already spoke about this way back in 2014 (mind you, that was before Trump and his trade wars and after he ...