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Showing 1 - 10 of 205 results for "RBA Governor"

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
... December," Aird said. "The recent strength in employment growth coupled with still relatively hawkish rhetoric from the RBA governor means we now see December as the more likely month for the start of normalising the cash rate."

Economists hit back at RBA guidance

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
... will not be any 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 ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... experts continue 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". ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
The 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 ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... But we do not think the Budget has shifted the dial on the RBA's assessment of the economic outlook," Aird said. "RBA governor Bullock stated that she does not think the $300 energy bill relief will have, 'a material impact on reducing (underlying) inflation ...

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... bank" on the back 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 ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... leaving interest 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 ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... slowing in demand and employment growth, signs that wages growth has peaked and particularly weak consumer spending. RBA governor Michele Bullock also indicated that the RBA wasn't too concerned about the additional large wage rises announced for ...

Philip Lowe joins LIC board

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... Australia's shareholders and pro bono fund managers to support our most vulnerable youth," he said. Lowe served as RBA governor between 2016 to 2023. Reflecting on this time there, Lowe said that while the RBA didn't get it right 100% of the ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... for 2024. Despite inflation registering at 4.1% for the month of December, down from a peak of 7.8% one year prior, RBA governor Michele Bullock said that it remains too high. "Inflation is still weighing on people's real incomes and household consumption ...
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