Search ResultsShowing 1 - 10 of 100+ results for "Philip Lowe"
Chief economist update: Australian economy gently turning which way?
BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... year to the September quarter from 1.6% in the June quarter, justifying Reserve Bank of Australia (RBA) governor Philip Lowe's oft-repeated claim that, "the Australian economy appears to have reached a gentle turning point". Sadly, that's as ...
Chief economist update: Reversal of fortune
BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... increase in output elsewhere in the economy of $2.9 million." That was on 7 March 2019, a day after RBA Governor Philip Lowe addressed the AFR Business Summit in Sydney on 'The Housing Market and the Economy', wherein which he stated: "My colleagues ...
Chief economist update: The A$ will answer the question of how much more
BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
... Bank of Australia (RBA) met and decided to keep the official cash rate unchanged at 0.75% on November 5, Governor Philip Lowe issued this optimistic statement: "After a soft patch in the second half of last year, a gentle turning point appears to have ...
Chief economist update: RBA holds but for how long?
BENJAMIN ONG  |  WEDNESDAY, 6 NOV 2019
... disposable income continuing to weigh on consumer spending." These were Reserve Bank of Australia (RBA) governor Philip Lowe's words after the board decided to keep the country's official cash rate unchanged at 0.75% at its November 5 meeting. ...
Chief economist update: RBA rate cut outlook
BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... effect of low interest rates on the income and confidence of savers might be more significant." There was RBA governor Philip Lowe's statement at the International Monetary Fund (IMF) forum in Washington about his optimism over the domestic economy ...
Chief economist update: Beam us up Scotty
BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
... quantitative easing and print Australian dollars. This is because latest survey data disprove Reserve Bank Governor Philip Lowe's optimism that "a gentle turning point appears to have been reached" expressed in 1 October's monetary policy decision. ...
Chief economist update: Rate cuts coming, but not on race day
BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... better-than-expected employment data sealed the November 5 rate cut coffin, with the last nail hammered in by RBA governor Philip Lowe's statement at the International Monetary Fund (IMF) forum in Washington about his optimism over the domestic economy ...
RBA downplays likelihood of further rate cuts
ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
Reserve Bank governor Philip Lowe has told a forum at the International Monetary Fund that Australia's economy is set to "return to trend growth" next year. Lowe said the expected return to trend growth over the next year will help get the unemployment ...
Chief economist update: When monetary and fiscal policies don't meet
BENJAMIN ONG  |  TUESDAY, 8 OCT 2019
... Australian Prime Minister Scott Morrison (and his Treasurer, Josh Frydenberg) and Reserve Bank of Australia (RBA) governor Philip Lowe. A report by the Bank for International Settlements (BIS) - the central bank of central banks - Committee on the Global ...
Chief economist update: Morrison, Frydenberg cannot have their surplus and eat it too
BENJAMIN ONG  |  THURSDAY, 26 SEP 2019
... if interest rates were cut down to zero or even if you pay them (negative interest rates) to borrow. RBA governor Philip Lowe acknowledged as much in his recent address to the Armidale Business Chamber, "monetary policy has become less effective at the ...
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