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Showing 81 - 90 of 1044 results for "Governor"

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... borrowers a sixth interest rate rise in 2023, following a 25 basis point increase at its previous meeting in November. RBA governor Michele Bullock stated yesterday that the "limited information" received on the domestic economy since the November meeting ...

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... week's final board meeting for 2023. "While the RBA has sounded more hawkish in the past few months under the new governor Michele Bullock, the RBA's commentary also hasn't indicated a sense of urgency to raise the cash rate imminently," ...

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
The Reserve Bank of Australia (RBA) has selected Bank of England (BoE) executive Andrew Hauser as its new deputy governor and as a member of the Reserve Bank board. Hauser is set to begin his five-year term in January, bringing with him over three decades ...

Inflation problem is homegrown: Bullock

KARREN VERGARA  |  FRIDAY, 24 NOV 2023
Reserve Bank of Australia (RBA) governor Michele Bullock warned that Australians' spending habits - particularly in the services sector - are now fuelling inflation. A trip to the hairdresser and dentist, eating out, and sporting and recreational ...

Interest rate hikes are working: Bullock

KARREN VERGARA  |  TUESDAY, 21 NOV 2023
Reserve Bank of Australia governor Michele Bullock defended the central bank's use of monetary policy and hiking interest rates amid many challenges that looks to keep inflation at stubborn levels over the next two years. Speaking at the ASIC Annual ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... Reserve Bank of Australia (RBA) hiked the cash rate to 4.35% as it continues to grapple with subduing inflation. RBA governor Michele Bullock yesterday pushed up the base rate by another 25 basis points, saying that while inflation in Australia passed ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... energy and housing and skills," he said. The treasurer declined to answer questions on the appointment of a new RBA deputy governor, however confirmed there are a few names in mind. "I'm not prepared to share any names today. We've got some more ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... inflation, the absence of an interest rate hike would be "extremely difficult" to reconcile. As recently as yesterday, RBA governor Michele Bullock made it clear that the board "will not hesitate" to raise the cash rate further if there's a material ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
Reserve Bank of Australia (RBA) assistant governor Christopher Kent has punctuated that beyond the cash-flow channel, where a rise in the cash rate leads to higher interest payments for those with debt, there exists other avenues through which monetary ...

Bullock keeps cash rate at 4.10%

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
The Reserve Bank of Australia (RBA) governor Michele Bullock has left the cash rate at 4.10% for the month of October. Announcing the latest monetary policy decision whilst taking the helm for the first time, Bullock left the door open for potential ...