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Showing 71 - 80 of 459 results for "Board meeting"

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
... Australia's employment report has become a focal point for the RBA and the financial markets. It told us so at its May board meeting, stating: "The board will be paying close attention to developments in the labour market at its upcoming meetings." ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... heading farther away from the RBA's inflation target. Then again, and as the RBA statement indicated at its May board meeting, the Australian central bank's bias is tilted towards the relatively low unemployment rate than below-target inflation ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
Nothing. Nada. Zilch. Despite high expectations that it would leading up to its May Board meeting, the Reserve Bank of Australia (RBA) didn't only NOT cut the official cash rate - it kept it unchanged at a record low 1.5% - it also maintained its ...

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
The Reserve Bank of Australia (RBA) will release the minutes of its March 5 board meeting - when it decided to keep interest rates unchanged at a record low 1.5% - today. I imagine that the men and women of the RBA board would have discussed the slowing ...

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
... expected, the Reserve Bank of Australia (RBA) did nothing to monetary policy after the conclusion of its second board meeting this year. It kept the official cash rate at a record low, predicated on the same rationale it put forth at its February 2019 ...

Chief economist update: How would you vote if seated on the RBA board?

BENJAMIN ONG  |  TUESDAY, 5 MAR 2019
... the first Tuesday of a new month - it's time for the Reserve Bank of Australia's (RBA) scheduled monthly board meeting. Financial markets expect the RBA to do nothing this month but expectations further out have changed from steady to a cut in ...

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
... interest rates unchanged - repo rate at 6.5%, reverse repo rate at 6.25% - at the conclusion of that month's board meeting. At the time, Bloomberg's poll of forecasters (ahead of October 2018) showed nine out of 49 respondents predicted the Indian ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... record 30th month to keep the official cash rate unchanged at a record low 1.5% after the conclusion of its first board meeting for 2019. While Lowe acknowledged that "the central scenario is for the Australian economy to grow by around 3% this year ...

IOOF appoints independent reviewer

DARREN SNYDER  |  TUESDAY, 1 JAN 2019
APRA's licence conditions imposed on IOOF require the wealth manager to begin 2019 with the appointment of an independent reviewer who will report to the regulator quarterly. The independent reviewer's role will be to report on IOOF's progress ...

Investment manager chair retires

DARREN SNYDER  |  FRIDAY, 30 NOV 2018
... superannuation fund advocate, will retire next week. IFM Investors chair Garry Weaven will leave his role at the firm's board meeting on December 4, and after 24 years of service. He is also stepping down from other directorships at parent company Industry ...