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Showing 71 - 80 of 326 results for "PAUS"

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
Economists are split on the Reserve Bank of Australia's (RBA) upcoming decision on whether to raise the cash rate from 3.6%. The major banks are at odds: ANZ and NAB forecast a 25 basis point cash rate hike, while Commonwealth Bank and Westpac anticipate ...

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
The Consumer Price Index (CPI) has slowed to 6.8% from its record high of 7.3%, adding to theories the Reserve Bank of Australia will pause rate hikes. RBA governor Philip Lowe previously explained the board needed four pieces of domestic data to properly ...

We sit at a watershed moment: Paton

CHLOE WALKER  |  THURSDAY, 30 MAR 2023
Kicking off the Advisers Big Day Out (ABDO) in Sydney this morning, La Trobe Financial chief investment officer Chris Paton shared his forward outlook for the Australian economy. According to Paton, local economic growth will be positive, albeit subdued ...

ASX chief churn increases: Analyst

CASSANDRA BALDINI  |  MONDAY, 27 MAR 2023
ASX-listed firms are experiencing a high turnover in chief executive and investors should be on the lookout. Pendal Australian equities investment analyst Elise Mckay explained the spate of leadership changes can be a warning sign of underlying issues. ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
Australian financial markets have been bracing for a pause in rate hikes, however recent instability has economists recalibrating their view. The coin is being tossed ahead of the Reserve Bank of Australia's (RBA) meeting next month, with suggestions ...

US Fed hikes rates amid banking turmoil

ANDREW MCKEAN  |  THURSDAY, 23 MAR 2023
Amid banking turmoil, the US Federal Reserve announced a rate hike to combat inflation. Recent economic indicators revealed modest growth in US spending, production, and strong job gains, with low unemployment and persistent inflation concerns. As such ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
The rising cost of travel, fuel and many food staples continue to aggravate the quality of living for retirees as inflation leapt 7.5% in the last year. Oils and fats (20.8%), domestic travel and accommodation (19.8%), milk (17.9%), gas (17.4%), fuel ...

We are closer to a pause: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 8 MAR 2023
The Reserve Bank of Australia (RBA) delivered its tenth consecutive rate hike, raising the cash rate by 25bps to 3.60%, however RBA governor Philip Lowe signaled a break could be in sight. "We are closer to a pause," Lowe said today while speaking at ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
The Reserve Bank of Australia (RBA) has hiked interest rates to 3.35%, signalling that there are more rate rises ahead. Despite moderating global inflation, high CPI inflation in Australia (7.8%), driven by both domestic demand and global factors, remains ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
The Reserve Bank of Australia (RBA) is widely tipped to lift the cash rate by 25 basis points today to fight ongoing inflationary pressure. According to HSBC chief economist Paul Bloxham, inflation is too high and there's yet to be clear evidence ...