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Showing 1 - 10 of 198 results for "RBA Governor"

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 ...

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... where she ultimately ascended to the position of chief economist. "I am delighted that Sarah will be joining us," RBA governor Michele Bullock said. "She will bring a unique and diverse perspective to the Bank and the leadership team." Today, Bullock ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... borrowers a sixth interest rate rise in 2023, following a 25 basis point increase at its previous meeting in November. RBA governor Michele Bullock stated yesterday that the "limited information" received on the domestic economy since the November meeting ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... Reserve Bank of Australia (RBA) hiked the cash rate to 4.35% as it continues to grapple with subduing inflation. RBA governor Michele Bullock yesterday pushed up the base rate by another 25 basis points, saying that while inflation in Australia passed ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... inflation, the absence of an interest rate hike would be "extremely difficult" to reconcile. As recently as yesterday, RBA governor Michele Bullock made it clear that the board "will not hesitate" to raise the cash rate further if there's a material ...

ASIC, RBA set high expectations for ASX

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2023
... Settlement to resource, consult and engage with the Advisory Group in good faith and in the public interest." Future RBA governor Michele Bullock said: "It is important that the market's trust and confidence in the CHESS replacement program is restored. ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
Prime Minister Anthony Albanese and Treasurer Jim Chalmers announced this morning Michele Bullock will take over as Reserve Bank of Australia (RBA) governor from Philip Lowe in September. Chalmers said the government is proud to announce the ninth governor ...

RBA deputy governor joins Westpac

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
... and knowledge in his new advisory capacity," he commented. Ellis' appointment coincides with uncertainty around RBA governor Phillip Lowe's position as the end of his term draws near. Last month, Treasurer Jim Chalmers said a government consultation ...
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