(RTTNews) - Reserve Bank of Australia Assistant Governor Sarah Hunter said the labor market is still tight relative to full employment. "We expect the demand for labour to grow at a slower pace ...
PWHL names and logos are out and the debate around who hit the mark and who missed is already raging on social media. In reality, there is nothing to say any of the PWHL's six logos is veritably bad.
SYDNEY—Government plans to reform the Reserve Bank of Australia by introducing a dual-board system—one for setting interest rates and the other for day-to-day governance—have stalled and are ...
Which suggests this week's outburst marks a decisive shift in the economic debate. Whether pummelling the RBA makes the government look desperate or strong will be for voters to decide.
Speaking in the wake of sustained attacks on the RBA from the Federal Government over rate rises “smashing the economy”, Roger Cook said it was “time” to slash rates.
At the August meeting, the RBA had left its interest rate unchanged at a 12-year high for the sixth consecutive meeting. The board concluded that it would be premature to loosen the policy ahead ...
Sunrise host Nat Barr asked Mr Chalmers on Tuesday. Mr Chalmers denied he was trying to shift the spotlight onto the RBA or that there was a shift in the government’s rhetoric. “I think it is ...
SYDNEY—With just two weeks to go before she completes her first anniversary as governor of the Reserve Bank of Australia, Michele Bullock can look back on a year in which she has neither bent ...
But I think the RBA has done a good job. “Businesses have seen not only an increase in borrowing costs, but on top of that inflation has been stubborn, so they’ve had a significant increase in ...
Australian Treasurer Jim Chalmers says he has “the utmost respect” for the independence of the Reserve Bank, while again blaming its policy for slow economic growth.
Dr Chalmers is blaming the economic outlook on the RBA's rate hikes. Treasurer Jim Chalmers has declared the Reserve Bank is “smashing the economy” with its cash rate increases.
The overnight comments were seen as the government appearing to shift blame onto the RBA ahead of the release of Wednesday’s June quarter GDP figures that are expected to show a meagre 0.2 per ...