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Search ResultsShowing 1 - 10 of 100+ results for "Philip Lowe"
Chief economist update: What to expect when you're expecting
BENJAMIN ONG  |  TUESDAY, 2 JUN 2020
... policy decision - to be announced this afternoon - will only confirm what everyone already is expecting. RBA Governor Philip Lowe and his board will keep Australia's monetary policy settings unchanged - the targets for the official cash rate at 0.25% ...
Red tape to slow recovery: Lowe
ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
Reserve Bank of Australia governor Philip Lowe has called for de-regulation, warning excess regulation threatens the "dynamism" of the Australian economy. Speaking to the Senate Select Committee on COVID-19, Lowe said the past three months have been ...
Chief economist update: Better than all the rest
BENJAMIN ONG  |  FRIDAY, 29 MAY 2020
" You're simply the best Better than all the rest Better than anyone Anyone I've ever met..." A great many, if not all Australians, would have had this Tina Turner classic playing in their heads listening to Reserve Bank of Australia (RBA) governor ...
Banks urged to step up
ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
Reserve Bank of Australia governor Philip Lowe and APRA chair Wayne Byres have called on the big banks to support the Australian COVID-19 recovery, rather than their shareholders. Speaking during a FINSIA webinar, Lowe said over the past decade APRA ...
Chief economist update: The outlook for Australia, according to COVID-19
BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2020
"A stronger economic recovery is possible if there is further substantial progress in containing the coronavirus in the near term and there is a faster return to normal economic activity. On the other hand, if the lifting of restrictions is delayed ...
Chief economist update: Thank goodness for Sorbent
BENJAMIN ONG  |  THURSDAY, 23 APR 2020
... monthly decline in the survey's 47-year history -- from 91.9 in March. Reserve Bank of Australia (RBA) governor Philip Lowe is equally downtrodden. In his recent outing (April 21), governor Lowe proclaimed the Australian central bank's take on ...
No liquidity support for super: RBA
ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
Reserve Bank governor Philip Lowe said while some super funds may shrink as a result of the governments early release scheme, they are well placed to manage the withdrawals. Lowe said the industry as a whole should be able to cope with the number of ...
Australia versus the world
ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... RBA to a time limit on this emergency cash rate is an important message to the economy." Kirkham said RBA governor Philip Lowe's objective of generating a sustained inflation rate of 2%-3% per year and an unemployment rate that approaches 4.5%, has provided ...
Chief economist update: COVID-infected Aussie stats trickle in
BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
... billion on 12 March; $66.1 billion on 22 March; and, $130 billion on 30 March - so far. So much so that RBA governor Philip Lowe is confident that "The coordinated monetary and fiscal response, together with complementary measures taken by Australia's ...
RBA expands stimulus measures to states
ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
... exchange settlement balances at 10 basis points instead of zero. When announcing the quantitative measures RBA governor Philip Lowe said that while COVID-19 is a public health issue, the bank was compelled to step-in due to the "very major" impact the ...
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