[ad_1] An ibis bird perches next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz/File Photo Acquire Licensing Rights BENGALURU, Nov 3 (Reuters)…
Tag: RBA
Inflation fight hits home as RBA staff threaten strike
[ad_1] Inflation is proving so sticky in Australia that the institution responsible for taming prices is itself facing the threat of strike action by staff demanding fatter pay checks. Reserve…
Australia’s Strong Inflation Data May Pressure RBA to Hike Rates Further
[ad_1] Oct. 24, 2023 9:38 pm ET|WSJ Pro SYDNEY—Australia’s consumer prices rose by more than expected in the third quarter which may pressure the Reserve Bank of Australia to come…
Evergrande has become the poster child for China’s debt-fuelled property crisis. Will Australia notice if it collapses?
[ad_1] China’s property market is facing a “sharp deterioration” which could lead to financial stress domestically, and ultimately affect its trade with Australia. Key points: Evergrande is facing liquidation proceedings on October…
Small business struggles, but financial system resilient: RBA
[ad_1] Small businesses are most vulnerable to economic shocks but their rising insolvency rates pose little threat to the overall financial system, according to the RBA. The bank, in its…
Morning Bid: New quarter, same old market dynamics
[ad_1] A man is reflected on an electric monitor displaying a stock quotation board outside a bank in Tokyo, Japan, June 5, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing Rights Oct…
RBA on Alert as Australia’s Monthly CPI Rises in August
[ad_1] Australia’s monthly consumer-price index rose in August, snapping a recent run of declines and keeping the central bank on alert for the prospect of a further interest rate increase…
RBA Review Panelist Says Reforms Won’t Undermine Central Bank Governor
[ad_1] SYDNEY—One of the architects of a recent review of the Reserve Bank of Australia’s operations said proposed changes won’t undermine the power of the central bank governor, in response…
Glynn’s Take: RBA Reforms Fail Best Practice; Further Scrutiny Needed
[ad_1] Former Reserve Bank of Australia Gov. Ian Macfarlane warned in a television interview that proposed reforms may require further scrutiny. [ad_2] Source link
Bullock takes over at Australia c.bank with soft landing in sight
[ad_1] SYDNEY: When Michele Bullock takes over as the first woman to head Australia’s central bank on Monday, she inherits an economy with inflation moderating, employment strong and growth still…