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Showing 81 - 90 of 1239 results for rba reserve bank australia

New Australian digital assets bill to regulate crypto

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... institutions to disclose their use and management of foreign CBDCs in Australia to ASIC and the Reserve Bank of Australia (RBA). "The Digital Assets Bill will put Australia back into the race to regulate," Bragg said. "Australia can be a digital asset ...

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... (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 form its decision. ...

We sit at a watershed moment: Paton

CHLOE WALKER  |  THURSDAY, 30 MAR 2023
... signs of having peaked, but for every deflationary indicator, there's another staying stubbornly high," Paton said. "The RBA walks the narrowest of paths to avoid recession, control inflation, and achieve broader economic stability." Now, an additional ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... 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 that an eleventh consecutive rate rise is not completely off the table. "The RBA certainly ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
... civil penalties, and enforceable undertakings. In addition to ASIC's increased authority, the Reserve Bank of Australia (RBA) will be granted powers to set rules for the conduct of clearing and settlement service facilities. Meanwhile, the ACCC will ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... inflation expectations remain well anchored, and it is important that this remains the case," he said. At the meeting, the RBA minutes show that board members are seriously considering halting the rate hikes at the next meeting in April. "They agreed ...

Lending to small businesses increases: Survey

KARREN VERGARA  |  MONDAY, 20 MAR 2023
... increases in lending rates could have a larger impact on SMEs' overall cost of finance compared to large businesses, the RBA said, as small practices generally rely more on bank loans given that they have fewer alternative sources of funding. In ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... worry that their retirement income may not be enough to sustain their cost of living. Even if the Reserve Bank of Australia (RBA) returns inflation back to its 2-3% target range by 2025, which RBA governor Philip Lowe called a "fantastic outcome", retirees ...

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 ...

Minutes show RBA considered 50bp rise

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
... ultimately determined the case for a 0.25% increase was stronger. In the February 7 meeting minutes released this morning, the RBA explained that it a pattern of income prices and wages data exceeding expectations, as well as a risk that high inflation ...