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Showing 1 - 10 of 28 results for "Michele Bullock"

RBA appoints operations chief

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
... coordinate between policy, operational and organisational decision-making. She will work closely with governor Michele Bullock as the RBA continues to implement the changes recommended by the recent review. Woods is currently the part-time chair of Note ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... inflation registering at 4.1% for the month of December, down from a peak of 7.8% one year prior, RBA governor Michele Bullock said that it remains too high. "Inflation is still weighing on people's real incomes and household consumption growth is ...

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
... more volatile monthly movements in seasonally adjusted data." Late last year, Reserve Bank of Australia governor Michele Bullock warned that inflation was a homegrown issue. Bullock expects that it will take another two years for inflation to move below ...

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... ultimately ascended to the position of chief economist. "I am delighted that Sarah will be joining us," RBA governor Michele Bullock said. "She will bring a unique and diverse perspective to the Bank and the leadership team." Today, Bullock and the RBA ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... 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 has been in ...

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... 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," she said. Mousina ...

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... with the expectation that he will start ahead of the RBA's first meeting next year. Former RBA deputy governor Michele Bullock, who succeeded Philip Lowe as governor in September, congratulated her successor on his appointment. "I warmly congratulate ...

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
... 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 its peak, it "is ...
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