All 45 economists surveyed Sept. 12-19 expected the RBA to keep its official cash rate (AUCBIR=ECI), opens new tab on hold at 4.35% at the conclusion of its two-day meeting on Tuesday. A strong ...
In a conference speech, Reserve Bank of Australia (RBA) Assistant Governor Brad Jones announced the launch of a three-year digital money work plan for the RBA and Treasury called Project Acacia.
The RBA meets early next week for its rates decision, keenly watched by mortgage holders given the bank has kept the cash rate at 4.35 per cent since November last year. While RBA governor Michele ...
The RBA has held rates at 4.35 per cent since November last year and most recently maintained this stance at their August meeting. Oxford Economics Australia (OEA) has since warned households that ...
But where does this leave the Reserve Bank of Australia (RBA) ahead of next week's cash rate meeting? Let's see what the economics team at Westpac Banking Corp (ASX: WBC) is saying about ...
Macquarie CEO Shemara Wikramanayake told a conference in Sydney inflation in Australia was six months behind other developed economies.Credit: Louie Douvis RBA governor Michele Bullock ...
As it stands, Australia's official rate remains at 4.35%. After a series of 13 rate hikes commenced by the RBA in May 2022 to quash soaring inflation, that sees the benchmark interest rate at the ...
The Australian Securities Exchange's RBA Target Rate Tracker on Tuesday predicted four interest rate cuts by mid-to-late 2025. The tracker, released at the close of each trading day, predicts the ...
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 ...
(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 ...
One of the cheerleading groups of this potpourri economics is the Reserve Bank of Australia (RBA). It has struggled for consistency in its analysis of recent government policy. The RBA is being egged ...
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 ...