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Australian central bank reforms stall
RBA Reforms Face Major Hurdle as Greens Demand Rate Cut
Australian Treasurer Jim Chalmers’ plans to overhaul the Reserve Bank have suffered a major setback after the left-wing Greens party demanded the government order the central bank to cut interest rates.
Australian central bank reforms stall as Greens demand rate cuts
Long-delayed reforms to the Reserve Bank of Australia (RBA) faced a fresh setback on Monday as Greens lawmakers demanded the Labor government engineer a cut in interest rates in exchange for their support for the legislation.
Australian Central Bank Maintains Cash Rate At 4.35% - 24/09
( MENAFN - Daily Forex) RBA Leaves Cash Rate Unchanged
‘Just crazy’: Greens will back Labor if the Reserve Bank cut rates
The Greens have promised to back the Labor Party in their RBA reforms if the Reserve Bank cuts rates immediately.
Australia's central bank keeps cash rate at 4.35%
Australia's central bank held interest rates steady on Tuesday as expected, while reiterating that policy needed to stay tight and it was not ruling out further increases if needed to control inflation.
15h
Why is the Reserve Bank independent from government, and why does it matter?
The Greens have called for the government to intervene and tell the RBA to cut interest rates. Such a step would undermine ...
thenightly
1d
RBA interest rates: Central bank holds the line in fight against inflation with yet another pause on rates
The Reserve Bank has held Australia’s benchmark interest rate at 4.35 per cent, staring down political pressure for a cut and ...
1d
Australia's central bank holds rates, softens hawkish stance slightly
Australia’s central bank on Tuesday reiterated that interest rate cuts were unlikely in the near term as it held policy ...
7d
RBA prioritises wholesale central bank digital currency
The Reserve Bank has started a three-year digital money work plan with the Federal Treasury to look at opportunities to ...
stockhead
18h
RBA holds rates as CME economist highlights key differences in Aussie economy
As the RBA holds rates at a 12-year high, CME Group's chief economist highlights key differences in Australia’s economy from ...
Opinion
6d
Opinion
How Australia's Central Bank Became a Political Football
Central bankers strive to be above politics and tend to be wary of legislative changes to their role. Politicians, by ...
KFGO
1d
Aussie $ near 2024 high before RBA; yen drifts as Ueda awaited
The Australian dollar hovered close to its highest level of the year on Tuesday, with the central bank set to hold policy ...
1d
ASIA Policy spotlight falls on RBA, BOJ's Ueda
The BOJ is the only major central bank raising rates, and investors will be looking to a speech from Governor Kazuo Ueda on ...
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