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Showing 1 - 10 of 34 results for "RBA Assistant Governor"

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
... inflation outlook." Ergo, the outlook for inflation depends on the wages outlook. A question that Luci Ellis, RBA Assistant Governor (Economics), tried to address at the ABE Conference in February 2019: "How much and how quickly will they [wages] pick ...

LIBOR phased out by year end

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
... relevant cessation dates and most importantly, stop offering new LIBOR products after the end of 2021." RBA assistant governor (financial markets) Christopher Kent said: "Firms should not waste any time in moving away from LIBOR. The end date for LIBOR ...

Must prepare for demise of LIBOR: RBA

ELIZA BAVIN  |  FRIDAY, 19 MAR 2021
... Australia (RBA) has told financial institutions they must be prepared for the "imminent demise" of LIBOR. RBA assistant governor (financial markets) Christopher Kent said as the deadline for LIBOR is fast approaching, financial institutions must ensure ...

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
... Software will develop a proof-of-concept (POC) for a tokenised form of CBDC for wholesale market participants. RBA assistant governor Michele Bullock said the project aims to explore the implications of a CBDC for efficiency and innovation in wholesale ...

Transition away from LIBOR continues

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... when LIBOR comes to an end. We strongly encourage institutions in Australia to adhere to the Protocol." RBA assistant governor (financial markets) Christopher Kent added: "Timely adherence to the new ISDA Protocol is important for all users of LIBOR ...

RBA, ASIC provide CHESS guidance

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... recent record trading volumes and CHESS processing delays which occurred during March, the regulators said. RBA Assistant Governor Michele Bullock said the replacement was critical to manage systemic risk going forward. "CHESS has supported the clearing ...

Industry super steps up SG campaign as RBA weighs in

HARRISON WORLEY  |  MONDAY, 10 FEB 2020
... save more through super, you might save less voluntarily and therefore your consumption doesn't move." RBA assistant governor Luci Ellis said the bank was forecasting WPI-base cash wages would grow "a bit slower than they otherwise would," as a result ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
... inflation outlook." Ergo, the outlook for inflation depends on the wages outlook. A question that Luci Ellis, RBA Assistant Governor (Economic), tried to address at the ABE Conference in February: "How much and how quickly will they [wages] pick up?" ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
... incomes eroded by inflation (thank goodness prices haven't increased by much). Just as Luci Ellis - RBA Assistant Governor (Economic) - warned in her address to the ABE Conference in Sydney about this time last year: "Weak income growth can run below ...

Chief economist update: Wagering on wages

BENJAMIN ONG  |  WEDNESDAY, 21 FEB 2018
... 5.5% in January this year from 5.6 at the end of 2017 and 5.8% at 2016's finish. Still, as Luci Ellis - RBA Assistant Governor (Economic) - asked in her address to the ABE Conference in Sydney last 13 Feb, "how much and how quickly will they [wages] ...
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