Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 100+ results for "Reserve Bank"

Reserve Bank explores digital currency potential

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
The Reserve Bank of Australia (RBA) is launching a one-year research programme into the case for a central bank digital currency (CBDC). Partnering with the Digital Finance Cooperative Research Centre (DFCRC), the project will seek to identify innovative ...

RBA lifts cash rate to 1.85%

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
The Reserve Bank of Australia (RBA) has chosen to increase the cash rate by 50 basis points to 1.85%, consequently, this is now a fourth consecutive monthly rate rise. The RBA's decision comes as it continues its attempt to return inflation to its 2-3% ...

CHESS replacement delayed further, review underway

JAMIE WILLIAMSON  |  WEDNESDAY, 3 AUG 2022
... expected to commence this month and take about 12 weeks, the ASX said. The findings will be provided to ASIC and the Reserve Bank of Australia and released publicly. User testing that was scheduled to commence in September has now been put on hold until ...

Equities challenged but opportunities are there

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
... themselves in the realm of 'least bad' approaches," he said. Miller added that while many central banks, including the Reserve Bank of Australia, have to learn the lessons from '70s style inflation, that any delay in a coherent and firm response to an ...

Wayne Byres to stand down

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... been with APRA since its establishment in 1998, working across policy and supervision. He previously worked at the Reserve Bank of Australia for more than a decade, including a secondment to the Bank of England. He has been chair since July 2014 and ...

RBA scenario implies record costs: UBS

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
UBS has forecast that the Reserve Bank of Australia's (RBA) rate rise assumptions would cause an unprecedented payment spike for households. The RBA's scenario of a 300-basis point increase in interest rates by mid-2023 would see interest payments as ...

Treasurer announces RBA review

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
Treasurer Jim Chalmers is instituting the first major review of the setting of monetary policy and the Reserve Bank of Australia (RBA) since the 1990s. In the context of Australia facing a complex combination of difficult economic conditions, Chalmers ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... unemployment rate is likely to keep falling towards 3% this year. Chesler added: "This number is likely to worry the Reserve Bank of Australia (RBA)." "With the employment market continuing to tighten markedly and no signs of inflation easing, the RBA ...

RBA raises interest rates again

ANDREW MCKEAN  |  WEDNESDAY, 6 JUL 2022
The Reserve Bank of Australia (RBA) has increased the cash rate by 50 basis points, ramping up its efforts to quash runaway inflation. RBA governor Phillip Lowe stayed the course with his assessment that while the Australian economy remained resilient ...

Inflation a greater danger than recession: Powell

ANDREW MCKEAN  |  THURSDAY, 30 JUN 2022
... down its forecasts for growth in the next two years. At the UBS panel discussion of central banks and inflation, Reserve Bank of Australia (RBA) governor Phillip Lowe commented: "I'm not expecting a recession but we're on a narrow path." "Like other ...
PREVIOUS
NEXT