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Search ResultsShowing 1 - 10 of 100+ results for "Reserve Bank of Australia"
Chief economist update: RBA promises support over the next three years
BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
"Come on, Barbie, let's go party" ... until 2024. In Reserve Bank of Australia (RBA) parlance: "The board is committed to maintaining highly supportive monetary conditions until its goals are achieved. The board will not increase the cash rate until ...
Chief economist update: Australia's virtuous cycle keeps on turning
BENJAMIN ONG  |  MONDAY, 29 MAR 2021
... the OECD upgraded Australia's 2021 GDP growth forecast by 1.3 percentage points to 4.5%. With the Reserve Bank of Australia (RBA) maintaining its guidance to provide continued policy support, the AztraZeneca COVID-19 vaccine being produced locally ...
Chief economist update: What a difference an Australian year makes
BENJAMIN ONG  |  MONDAY, 22 MAR 2021
"For all those times you stood by me... You're the one who held me up Never let me fall You're the one who saw me through it all." -Celine Dion What a difference a year makes, ey? The year 2020 started out disastrous (literally) for the country ...
Must prepare for demise of LIBOR: RBA
ELIZA BAVIN  |  FRIDAY, 19 MAR 2021
The Reserve Bank of 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 ...
Economic recovery has been stronger than expected: Lowe
ELIZA BAVIN  |  MONDAY, 15 MAR 2021
Australia's economic recovery has been quicker and stronger than expected, according to Reserve Bank of Australia (RBA) governor Philip Lowe. Speaking at the Melbourne Business Analytics conference, Lowe stated that while there are still challenges ...
Business investment slow to click into gear: Lowe
ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
Reserve Bank of Australia governor Phillip Lowe has expressed his concerns over the slow uptake of business investment in Australia, which he said is slowing economic recovery. Lowe said a durable recovery from COVID-19 requires a strong and sustained ...
Former QIC executive joins Qualitas
KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
... as a board member of Equity Trustees. She is currently a non-executive director on the boards of the Reserve Bank of Australia her family office Trawalla Group.
No more easy 6% returns: Fidelity
ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... International. Fidelity International cross asset investment specialist Anthony Doyle said while the Reserve Bank of Australia appears to have successfully incentivised Australians to borrow and spend - with the housing market, in Sydney especially ...
The Great Australian Rebound
BENJAMIN ONG  |  THURSDAY, 4 MAR 2021
"Getting strong now, won't be long now, getting strong now Gonna fly now, flying high now, gonna fly, fly, fly..." -Bill Conti, 'Gonna Fly Now' As sure as this theme from the 1977 classic movie 'Rocky' is remembered by movie-goers and boxing aficionados ...
Chief economist update: Getting better, but not better enough
BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
... economic outlook as central banks watch "through the looking glass". This sentiment is echoed by the Reserve Bank of Australia (RBA). In its March 2 meeting, where it kept policy unchanged, the Australian central bank declared that: "The outlook for ...
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