FSU pans Reserve Bank over 'sub-standard' pay offer 16 August 2023 6:05AM Latest news George Lekakis The Finance Sector Union is adamant the Reserve Bank will be forced back to the negotiating table after a 4 per cent pay offer is put to a vote of staff next week. read more
Prime Minister stands by RBA Governor 29 November 2022 5:25AM Latest news George Lekakis Reserve Bank Governor Philip Lowe has apologised to home borrowers caught out by the recent wave of rate rises after telling a Senate committee that his board had “failed” to communicate the condition.. read more
Money will be free for 300 years 06 November 2021 5:00PM Latest news Ian Rogers Rate lift off in May 2023 was the Deutsche Bank call last night – 0.75 per cent by December 2023. read more
RBA’s Lowe says weak population growth likely to 'restrain' housing prices 03 December 2020 6:35AM Latest news George Lekakis Reserve Bank governor Philip Lowe believes the prevailing low interest rate environment is not likely to stoke a dramatic rebound in Australian housing prices in the next year. read more
RBA broadside savages yields 04 November 2020 6:50AM Latest news Ian Rogers Payments volumes tanked in October, providing a bleak background to the Reserve Bank’s well-telegraphed easing of monetary policy settings yesterday. read more
Cash Rate near redundant - TFF prime RBA lever 11 September 2020 6:05AM Latest news Sophia Rodrigues On Tuesday, the volume traded in the once fundamental cash market fell to a record low of A$8 million. It looks increasingly likely that there will now be days when there is near zero volume, such is.. read more
LoanSleeper widened as income support cut 21 July 2020 6:53AM Latest news Ian Rogers Philip Lowe and Josh Frydenberg will take it in turns today to reframe the macroeconomic narrative in Australia. Yesterday’s nugget: the underwhelming SME Guarantee Scheme for business lending has bee.. read more
RBA rights rates 19 March 2020 5:15PM Finance regulation Ian Rogers The Reserve Bank of Australia will publish a Monetary Policy Announcement at 2.30pm today. read more
Lowe sets inflation free 25 July 2019 3:57PM Latest news Ian Rogers RBA governor Phillip Lowe may announce a drastic reset in macroeconomic policy today, displacing the 23-year fad of inflation targeting. read more
Inflation up, unemployment down before any rate rise: RBA 09 August 2018 5:04PM Finance regulation Bernard Kellerman The timing of any future change in interest rates depends upon how quickly the unemployment rate drops and on the inflation rate returning to the midpoint of the Reserve Bank's target range "on a sust.. read more
Briefs: ANZ's deputy CEO calls time, AUSTRAC rules on cryptocurrency exchanges, rate hike will be a 12 April 2018 5:13PM Briefs Banking Day staff Veteran ANZ executive Graham Hodges has announced he will depart the bank next month, drawing the curtain on a 30-year career in the banking sector. read more
RBA calls for breathing space over mortgage stress 05 May 2017 4:15PM Finance regulation Ian Rogers APRA's new macroprudential measures are not targeted at high house prices, but are about "breathing space while the underlying issues are addressed," RBA governor Philip Lowe said yesterday. read more
Comment: Securency stench casts Stevens' allies adrift 12 April 2016 4:14PM Comment Ian Rogers As the second five year term of current RBA governor Glenn Stevens winds up, it's more than likely that an outsider, rather than an obvious insider candidate, will be selected as the next governor.. read more
Asset transformation towards liquidity 28 May 2015 4:27PM All Bernard Kellerman In his keynote address to the Thomson Reuters 3rd Australian Regulatory Summit, Philip Lowe, Reserve Bank Deputy Governor, outlined the state of play in creating a less risky and more liquid financial.. read more
Lowe succeeds Battelino as RBA deputy 06 December 2011 5:56PM All David Walker Philip Lowe, the respected economist who was in charge of financial stability at the Reserve Bank of Australia throughout the global financial crisis, will be Glenn Stevens' new deputy at the RBA. read more