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Showing 1 - 10 of 10 results for "June board meeting"

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
The Reserve Bank of Australia (RBA) released the minutes from its June board meeting at which it held interest rates steady, but confirmed it did consider the possibility of a hike. The minutes also confirmed the RBA is vigilant to the upside risks ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... Australian economics Gareth Aird also believes the RBA will keep interest rates unchanged this month. "The June board meeting comes in the wake of the 2024 Federal Budget, which was a little more expansionary than anticipated. But we do not think the ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... levels since mid-2022," Aird said. What will the RBA do? CBA expects the RBA will leave policy on hold at the June board meeting, and with no meeting in July that puts focus on the August meeting; just after the Q2 inflation data is released. "At this ...

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
Minutes from the Reserve Bank of Australia's June board meeting revealed a risk of persistently high inflation as employees demanded a rise in wages to combat living costs. The minutes stipulated that should expectations of higher inflation become ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
... interest rates will remain at record lows "until 2024 at the earliest", the Reserve Bank of Australia's (RBA) June board meeting was largely a ho-hum affair. As expected, the RBA left monetary policy settings unchanged; "including: the targets of ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2016
RBA holds The Reserve Bank of Australia (RBA) kept domestic monetary policy settings steady at its 7 June Board meeting, announcing no change in the official cash rate which the central bank cut to a record low 1.75% at its 3 May meeting. "Taking account ...

Market wrap

AAP  |  TUESDAY, 17 JUN 2014
... other economic news, investors are waiting for the Reserve Bank of Australia to release the minutes of its June board meeting on Tuesday.

Aust shares weaken ahead of RBA minutes

AAP  |  TUESDAY, 18 JUN 2013
Australian shares are weaker as traders nervously await the Reserve Bank's June board meeting minutes, with the big banks and miners suffering losses. IG market strategist Stan Shamu said investors were regarding a July rate cut as a less likely prospect. ...

IFM to cut fees after pricing review

ALICE URIBE  |  FRIDAY, 7 JUN 2013
... away from releasing the review," he said. Himbury confirmed there would be a date set at the fund manager's June board meeting. IFM had previously said it planned to reduce the management expense ratios (MERs) that all of its investors pay. "This is ...

Market Wrap - Morning

AAP  |  TUESDAY, 17 JUN 2008
... price index was down 26 points at 5,352. Today, the Reserve Bank of Australia releases the minutes from its June board meeting. The Australian Bureau of Statistics releases unit commencements data for the March quarter. The Australian share market closed ...
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