Australia’s First Female RBA Governor: Breaking Barriers The Historic Appointment of Michele Bullock In a significant milestone for gender equality in Australia, Michele Bullock has been appointed as the new Governor of the Reserve Bank of Australia (RBA). Bullock will be the first woman to lead the country’s central bank since its establishment in 1959. […]
Reserve Bank of Australia Appoints Michele Bullock as New Governor A Historic Milestone The Reserve Bank of Australia (RBA) has made history with the appointment of Michele Bullock as its new governor, making her the first woman to hold this esteemed position. Bullock, currently serving as the deputy governor of the RBA, has dedicated her […]
RBA Hits Pause on Interest Rates but Warns More Rises to Come The Reserve Bank of Australia (RBA) has decided to keep interest rates on hold at 4.1 per cent, but has issued a warning that more rate hikes will be needed to control inflation. RBA Governor Philip Lowe stated that falling inflation and sluggish […]
[object Object] Economy-RBA,interestrate,policychanges,liveupdates > The image is for illustrative purposes only and does not depict the actual situation. You might want to read ! Tragic Loss: Unveiling the Untimely Demise of Robert De Niro’s Grandson, Leandro, at 19 Blues Boss Blasts Best Selection and Hynes Snub, Deeming it ‘Rude’ Indigenous Australian Cultural Celebration: Embracing NAIDOC […]
RBA review findings provide lessons for ASIC Introduction The recent findings from the Royal Bank of Australia (RBA) review have highlighted the need for Australia’s economic regulatory agencies to catch up on best corporate governance practices. One agency that stands out in particular is the Australian Securities and Investments Commission (ASIC), the country’s corporate governance […]
What’s behind RBA boss Phil Lowe’s growing inflation anxiety Introduction The Reserve Bank Governor, Philip Lowe, is increasingly becoming anxious about inflation in Australia. The central bank aims to reach a 2 per cent-to-3 per cent target range for inflation, and the recent consumer price inflation has surged unexpectedly. This rise in inflation, combined with […]
RBA Governor Philip Lowe Warns About Inflation and Interest Rates Introduction The Reserve Bank of Australia’s Governor, Philip Lowe, delivered a message of caution to the millions of Australians currently struggling with surging mortgage repayments. In a speech delivered to investment bank Morgan Stanley’s Australian conference, Lowe stressed the importance of using the only tool […]
Opinion: Philip Lowe’s Growing Inflation Anxiety and Its Potential Impact on Australia’s Economy Overview The Reserve Bank of Australia (RBA) is becoming increasingly concerned about its ability to ensure that inflation falls back to its target range of 2-3%, with governor Philip Lowe wary that the central bank’s timeframe could be jeopardised. While the RBA […]
Reserve Bank Governor warns of possible continued rate increases to control inflation The Reserve Bank Governor, Philip Lowe, has warned that despite the pain caused by interest rate hikes, it remains the only tool RBA has to combat inflation. Speaking at investment bank Morgan Stanley’s Australian conference, he acknowledged the negative financial impacts of the […]
Reserve Bank of Australia Raises Interest Rates to Tackle Inflation The Reserve Bank of Australia (RBA) has raised interest rates for the 12th time in just over a year in an attempt to tackle inflation. The decision to increase the cash rate by another 25 basis points has brought the official rate to 4.1%, its […]