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Jobs return to pre-pandemic levels
ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... move in the country's recession rebound caused by lockdown measures imposed to limit the spread of COVID-19. The Reserve Bank of Australia (RBA) has long said it will not consider lifting interest rates unless the jobless rate goes down. This was repeated ...
Challenger welcomes board director
ANNABELLE DICKSON  |  WEDNESDAY, 20 JAN 2021
... a deputy director-general in the Office of National Assessments and worked at the Australian Treasury and at the Reserve Bank of Australia. Challenger chair Peter Polson said he is pleased to welcome Smith to the board. "She has performed at the highest ...
RBA adds former BT director to board
ELIZA BAVIN  |  FRIDAY, 18 DEC 2020
The Morrison government has made two new appointments to the board of the Reserve Bank of Australia (RBA). Alison Watkins and Carolyn Hewson have been appointed members of the RBA board for a five-year period. Hewson is a former investment banker with ...
Chief economist update: Confidence unlocks Australia's virtuous cycle
BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... money." - James Madison We, Australians all, are in a good place for not only do we have more money thanks to the Reserve Bank of Australia (RBA) and the Morrison government's largesse - but the wherewithal to spend and/or borrow to spend - and the ...
Super SA to close growth option
ELIZABETH MCARTHUR  |  TUESDAY, 8 DEC 2020
... of the investment objective by Super SA and Funds SA. "Due to the unprecedented easing of monetary policy by the Reserve Bank of Australia (RBA) and global central banks, yields for short-term fixed interest securities (defensive assets) have fallen ...
We've done our part, now it's your turn: Lowe
ELIZA BAVIN  |  THURSDAY, 3 DEC 2020
Reserve Bank of Australia (RBA) governor Philip Lowe was forced to remind the Standing Committee on Economics that the RBA is not solely responsible for economic recovery and the federal government also needs to pitch in. Lowe explained that while the ...
Council of Financial Regulators monitors ASX, cybersecurity
ANNABELLE DICKSON  |  WEDNESDAY, 2 DEC 2020
... endorsed a plan for cybersecurity. The Council of Financial Regulators, consisting of APRA, ASIC, Treasury and the Reserve Bank of Australia (RBA), met for its quarterly meeting and acknowledged member concern on market functioning and investor confidence ...
Chief economist update: David Australia versus Goliath China
BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
The Reserve Bank of Australia (RBA) kept monetary policy unchanged at its December board meeting - the last of 2020 - and for good reason. "In Australia, the economic recovery is under way and recent data have generally been better than expected... ...
EQT wins endowment mandate
ANNABELLE DICKSON  |  WEDNESDAY, 25 NOV 2020
... philanthropist Carol Schwartz as chair of its board. Schwartz is currently a non-executive director on the boards of the Reserve Bank of Australia, Qualitas Property Partners and the Schwartz family office, Trawalla Group. Along with her family, Schwartz ...
JobKeeper saved 700,000 jobs: RBA
ELIZA BAVIN  |  TUESDAY, 24 NOV 2020
... the JobKeeper payment would not have stayed employed this year without it, according to a research paper from the Reserve Bank of Australia (RBA). The Morrison government announced a series of fiscal measures at the start of the year in response to the ...
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