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Search ResultsShowing 1 - 10 of 100+ results for "Philip Lowe"
We've done our part, now it's your turn: Lowe
ELIZA BAVIN  |  THURSDAY, 3 DEC 2020
Reserve Bank of Australia (RBA) governor Philip Lowe was forced to remind the Standing Committee on Economics that the RBA is not solely responsible for economic recovery and the federal government also needs to pitch in. Lowe explained that while the ...
Chief economist update: David Australia versus Goliath China
BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
The Reserve Bank of Australia (RBA) kept monetary policy unchanged at its December board meeting - the last of 2020 - and for good reason. "In Australia, the economic recovery is under way and recent data have generally been better than expected... ...
Chief economist update: Iron ore to reduce Aussie deficit
BENJAMIN ONG  |  TUESDAY, 24 NOV 2020
... surprise to find Prime Minister Scott Morrison, Federal Treasurer Josh Frydenberg and Reserve Bank of Australia chief Philip Lowe - also known as Team Australia - crooning this tune at the now opened karaoke bar ... and a rendition of "We Wish You a ...
Chief economist update: Vaccine optimism sparks AUD resurgence
BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... of infections in South Australia) has improved domestic economic outlook. Reserve Bank of Australia (RBA) governor Philip Lowe thought as much. In his address at the annual dinner of the Committee for Economic Development of Australia (CEDA), the governor ...
RBA cuts rate to new historic low
ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... another rate cut, bringing the cash rate down to 0.10% for the first time in history. Not only that, but RBA governor Philip Lowe announced a ramp up of quantitative easing measures, bringing in a new era of monetary policy in Australia. The RBA decided ...
Chief economist update: Lowe taking interest rates lower
BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... RBA could help it. Speaking at Citi's 12th Annual Australia and New Zealand Investment Conference, RBA Governor Philip Lowe all but confirmed that further easing in monetary policy is in the works. Although he believes that "a recovery is now under ...
Keep spending and investing: Lowe
ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... months if Australians ensure they keep spending and investing, according to Reserve Bank of Australia (RBA) governor Philip Lowe. Lowe said the nation's recovery will depend on how willing people and businesses are to draw on the accumulated financial ...
Chief economist update: Budget me this Batman
BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... programme. But make no mistake, the RBA remains resolute in keeping us "alive" now. In his statement, RBA governor Philip Lowe stressed that: "The board is committed to do what it can to support jobs, incomes and businesses in Australia", "views addressing ...
Chief economist update: RBA negative on negative interest rate policy
BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... that negative interest rates in Australia remain extraordinarily unlikely." This was later stressed by RBA governor Philip Lowe when he testified before the House of Representatives Standing Committee on Economics on August 14. "...negative interest ...
Chief economist update: Gone fishing
BENJAMIN ONG  |  MONDAY, 24 AUG 2020
... 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 Committee on Economics ...
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