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Showing 1 - 10 of 39 results for "Michele Bullock"

Bullock hints at no rate cut in 2025

ELIZA BAVIN | FRIDAY, 29 NOV 2024

Reserve Bank of Australia (RBA) governor Michele Bullock has reaffirmed the central bank's stance that interest rates are likely to stay higher for longer as sticky inflation persists. Speaking at a Centre of Economic Development (CEDA) dinner ...

Interest rates to remain on hold for some time

ELIZA BAVIN | WEDNESDAY, 6 NOV 2024

... moving sustainably to the middle of our 2-3% target range," the RBA said. Speaking on the decision, RBA governor Michele Bullock urged the government to get its spending under control, insinuating that it was adding to the inflation problem. "It's not ...

Australians living through protracted period of economic misery: CEDA

ANDREW MCKEAN | TUESDAY, 24 SEP 2024

... Liam Dillon said this clearly highlights the difficult trade-off facing Reserve Bank of Australia (RBA) governor Michele Bullock. "Inflation remains stubbornly high, despite having moderated since its peaks. It continues to hurt households by forcing ...

RBA lays down the law on interest rates

ELIZA BAVIN | FRIDAY, 6 SEP 2024

Reserve Bank of Australia (RBA) governor Michele Bullock has doubled down on keeping interest rates on hold for the remainder of this year, despite market expectations for a cut before Christmas. Speaking at the Anika Foundation Fundraising Lunch, Bullock ...

Economists hit back at RBA guidance

ELIZA BAVIN | TUESDAY, 27 AUG 2024

... short-term cutting of interest rates, but the market is pricing in a cut before the end of the year. RBA governor Michele Bullock pushed back against the market pricing, stating it was "premature to be thinking about rate cuts" and a near-term cut "doesn't ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI | THURSDAY, 15 AUG 2024

... to be divided on the possibility of a rate cut this year from the Reserve Bank of Australia (RBA). RBA governor Michele Bullock insisted "that a near-term reduction in the cash rate doesn't align with the board's current thinking". Bullock's ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN | WEDNESDAY, 7 AUG 2024

... Reserve Bank of Australia (RBA) left interest rates unchanged at 4.35% at its August board meeting. RBA governor Michele Bullock said the case for an interest rate cut in the near-term was not a likely scenario. "Based on what I know today and what the ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN | WEDNESDAY, 10 JUL 2024

... the Pacific Islands a more attractive place for banks to do business." Reserve Bank of Australia (RBA) governor Michele Bullock said pleasingly, there are "green shoots." She welcomed initiatives by the Pacific Islands Forum secretariat and the World ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON | WEDNESDAY, 5 JUN 2024

... of increased interest rates. Appearing at the Senate Economics Legislation Committee this morning, RBA governor Michele Bullock said the nominal data provided to the central bank by the banking sector shows the growth rate of spending across all age ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN | WEDNESDAY, 22 MAY 2024

... rates unchanged and a hike at its May meeting. The board minutes were in line with messaging from RBA governor Michele Bullock, who spoke at a press conference after the decision was ultimately made to keep rates unchanged. Bullock noted that the board ...

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Funds SA appoints chief investment officer

ANDREW MCKEAN

Funds SA has appointed a new chief investment officer, who will join from Hostplus, to commence in February 2025.

Australian Retirement Trust appoints new chief risk officer

ANDREW MCKEAN

Australian Retirement Trust (ART) has appointed a new chief risk officer that's set to start in March 2025.

UniSuper has 'some work to get on with' on cyber front: Chair

JAMIE WILLIAMSON

UniSuper's leadership team has touched on how the fund is strengthening its operations following the extensive system outage in May this year.

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA

Lax superannuation laws make it too easy for perpetrators of domestic violence to access victims' retirement savings, while the current framework for self-managed super funds (SMSFs) enables financial abuse to flourish, a parliamentary inquiry found.

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Kellie Wood

HEAD OF FIXED INCOME
SCHRODER INVESTMENT MANAGEMENT AUSTRALIA LIMITED

Schroders Australia's Kellie Wood talks about winning a lot, so much so that it's become a well-intentioned joke with her co-workers - but it's this ambitious attitude that spurs her on every day. Eliza Bavin writes.

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