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Showing 81 - 90 of 100+ results for "Reserve Bank of Australia"

RBA observes weakness and uncertainty

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
The Reserve Bank of Australia (RBA) said there are signs of weakness in domestic economic conditions and a high level of uncertainty, when the board met for its September meeting. In considering the policy decision, the RBA said members observed that ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... of investment income, earnings from unincorporated businesses and social assistance benefits)". The Reserve Bank of Australia (RBA) and the Morrison government's stimulus measures may have put money in our hands but with social and physical distancing ...

Chief economist update: RBA increases and extends TFF

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2020
The Reserve Bank of Australia (RBA) kept domestic interest rates unchanged - the targets for the official cash rate at 0.25% and the yield on 3-year Australian Government bonds at 25 basis points - at its September meeting, as expected. What came as ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... quarter of decline and is the sharpest since the March 2016 quarter - one of the factors that prompted the Reserve Bank of Australia (RBA) to cut the official cash rate from 2.0% to 1.75% in April and then again to 1.5% in August of the same year. Eighteen ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... about the risks this poses globally to banking sectors and economies more broadly, according to the Reserve Bank of Australia. In a new paper titled How Risky is Australian Household Debt? the RBA said the current level of household debt relative to ...

Chief economist update: Gone fishing

BENJAMIN ONG  |  MONDAY, 24 AUG 2020
... "Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime." Reserve Bank of Australia (RBA) governor Philip Lowe didn't exactly quote this proverb when he testified before the House of Representatives Standing ...

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
Reserve Bank of Australia governor Philip Lowe said the legislated increase to the superannuation guarantee will impact wage growth and the government will need to weigh up the impacts of that. Speaking at the House of Representatives Standing Committee ...

Chief economist update: The RBA's lullaby

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2020
The Reserve Bank of Australia (RBA) delivered what every rational individual expected it to. At the conclusion of its August 4 meeting, the board of the Australian central bank kept monetary policy settings unchanged - the official cash rate at a historic ...

Christian Super appoints new chief investment officer

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... strategy Australia at UBS Global Asset Manager. Between 1987 and 1997 Rider was an economist at the Reserve Bank of Australia. "Mark Rider's appointment as Christian Super's new CIO is a significant milestone for the fund," Christian Super chief ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... the neutral cash rate (1.25%), the nominal official cash rate should now be at around minus 0.05%. The Reserve Bank of Australia (RBA) has already stressed that it won't go negative but as US Federal Reserve chair Jerome Powell reiterated overnight ...