Podcasts about reserve bank of australia

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Best podcasts about reserve bank of australia

Latest podcast episodes about reserve bank of australia

Russell Investments
Reserve Bank of Australia lowers rates as inflation eases

Russell Investments

Play Episode Listen Later Feb 21, 2025 5:27


DisclosuresThese views are subject to change at any time based upon market or other conditions and are current as of the date at the top of the page.Investing involves risk and principal loss is possible.Past performance does not guarantee future performance.Forecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment.This material is not an offer, solicitation or recommendation to purchase any security. Nothing contained in this material is intended to constitute legal, tax, securities or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type.The general information contained in this publication should not be acted upon without obtaining specific legal, tax and investment advice from a licensed professional.  The information, analysis and opinions expressed herein are for general information only and are not intended to provide specific advice or recommendations for any individual entity.Please remember that all investments carry some level of risk. Although steps can be taken to help reduce risk it cannot be completely removed. They do no not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.Investments that are allocated across multiple types of securities may be exposed to a variety of risks based on the asset classes, investment styles, market sectors, and size of companies preferred by the investment managers. Investors should consider how the combined risks impact their total investment portfolio and understand that different risks can lead to varying financial consequences, including loss of principal. Please see a prospectus for further details.Indexes are unmanaged and cannot be invested in directly.Copyright © Russell Investments Group LLC 2025. All rights reserved.This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an “as is” basis without warranty.CORP-12714date of first use: Feb 2025

The Front
Get ready for an April election

The Front

Play Episode Listen Later Feb 18, 2025 9:08 Transcription Available


The Reserve Bank of Australia has finally cut interest rates by 25 basis points to 4.1 per cent. It’s a small but welcome relief to anyone who has a mortgage. So what does this mean for the economy and upcoming federal election? Find out more about The Front podcast here. You can read about this story and more on The Australian's website or on The Australian’s app. This episode of The Front is presented by Claire Harvey, produced by Stephanie Coombes, and edited by Lia Tsamoglou. Our team includes Kristen Amiet, Tiffany Dimmack, Joshua Burton, Stephanie Coombes and Jasper Leak, who also composed our music. See omnystudio.com/listener for privacy information.

Full Story
Greg Jericho on why it's time for a rate cut

Full Story

Play Episode Listen Later Feb 16, 2025 19:10


On Tuesday the governor of the Reserve Bank of Australia will announce the board's first – and highly anticipated – decision on interest rates for the year. Chief economist at the Australia Institute and Guardian columnist Greg Jericho tells Nour Haydar why he thinks a failure to cut rates would be misguided You can support the Guardian at theguardian.com/fullstorysupport

The Front
Labor's big cash splash

The Front

Play Episode Listen Later Dec 18, 2024 11:20 Transcription Available


The government will spend an additional 60 billion dollars this financial year – so, could drag out the central bank’s fight against inflation? Find out more about The Front podcast here. You can read about this story and more on The Australian's website or on The Australian’s app. This episode of The Front is presented and produced by Kristen Amiet, and edited by Tiffany Dimmack. Our regular host is Claire Harvey and original music is composed by Jasper Leak.See omnystudio.com/listener for privacy information.

The Front
Jim Chalmers talks the talk

The Front

Play Episode Listen Later Dec 16, 2024 14:09 Transcription Available


The Australian takes a closer look at the Treasurer’s turn of phrase – and we unpack what it says about Jim Chalmers’ leadership ambitions. Find out more about The Front podcast here. You can read about this story and more on The Australian's website or on The Australian’s app. This episode of The Front is presented and produced by Kristen Amiet, and edited by Josh Burton. Our regular host is Claire Harvey and original music is composed by Jasper Leak.See omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Murray Olds: Australian correspondent on the Reserve Bank of Australia leaving rates on hold

Heather du Plessis-Allan Drive

Play Episode Listen Later Dec 10, 2024 4:55 Transcription Available


There's no Christmas gift for Australian mortgage holders - as the central bank has left rates unchanged again. The Reserve Bank of Australia has kept the OCR in place at 4.35 percent, in line with expectations from economists. Australian correspondent Murray Olds says this will come as a blow to Prime Minister Albanese - as the cost of living crisis is set to be a hot-button issue for voters ahead of the election. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Best of Business
Murray Olds: Australian correspondent on the Reserve Bank of Australia leaving rates on hold

Best of Business

Play Episode Listen Later Dec 10, 2024 5:04 Transcription Available


There's no Christmas gift for Australian mortgage holders - as the central bank has left rates unchanged again. The Reserve Bank of Australia has kept the OCR in place at 4.35 percent, in line with expectations from economists. Australian correspondent Murray Olds says this will come as a blow to Prime Minister Albanese - as the cost of living crisis is set to be a hot-button issue for voters ahead of the election. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Murray Olds: Australian correspondent on economists criticising the Reserve Bank of Australia's approach to rates

Heather du Plessis-Allan Drive

Play Episode Listen Later Dec 3, 2024 7:10 Transcription Available


Over in Australia, economists have accused the Reserve Bank of mishandling the OCR. Experts claim the central bank has been too focused on keeping unemployment high - impacting the livelihood of hundreds of thousands of Australians. Australian correspondent Murray Olds says the Reserve Bank is in a tough spot - but it can't undo months of progress. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Best of Business
Murray Olds: Australian correspondent on economists criticising the Reserve Bank of Australia's approach to rates

Best of Business

Play Episode Listen Later Dec 3, 2024 7:19 Transcription Available


Over in Australia, economists have accused the Reserve Bank of mishandling the OCR. Experts claim the central bank has been too focused on keeping unemployment high - impacting the livelihood of hundreds of thousands of Australians. Australian correspondent Murray Olds says the Reserve Bank is in a tough spot - but it can't undo months of progress. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Australian politics live podcast
The former deputy governor takes us inside the RBA

Australian politics live podcast

Play Episode Listen Later Oct 4, 2024 39:44


Guardian Australia's political editor Karen Middleton speaks with economist and former deputy governor of the Reserve Bank, Guy Debelle. They discuss how the board makes decisions about the economy and the pressure they face in taking all sides into account

SBS Hmong - SBS Hmong
Reserve Bank of Australia (RBA) tseem tswj kab theem paj li qub ntawm 4.35%

SBS Hmong - SBS Hmong

Play Episode Listen Later Sep 25, 2024 4:56


Reserve Bank of Australia (RBA) tau qhia tias nws tseem tswj tus kab theem paj li qub ntawm 4.35%...,

The Money
Is the Reserve Bank doing a good enough job?

The Money

Play Episode Listen Later Sep 12, 2024 29:03


Treasurer Jim Chalmers recently said that 'high interest rates had smashed the economy'. And the Albanese Government has been set on driving through changes recommended in last year's independent review of the RBA - the biggest overhaul of the Reserve Bank in decades. But after the LNP withdrew its support for reform, Labour is now looking to the Greens. So how will we know whether the RBA is doing a good job or not? Guests:John Simon, former Head of Economic Research at the Reserve Bank, now Adjunct Professor at Macquarie UniversityJohn Quiggan, VC Senior Fellow in Economics at the University of QueenslandAnd how much pocket money are children getting these days? Guest: Matthew Bowen, Head of Consumer and Marketing Insights, ING Bank of Australia 

SBS French - SBS en français
Le journal du 6 août 2024 : Selon des économistes, le taux d'intérêt restera inchangé à l'issue de la réunion mensuelle du Conseil d'administration de la Reserve Bank of Australia

SBS French - SBS en français

Play Episode Listen Later Aug 6, 2024 12:50


Dans l'actualité de ce mardi 6 août : Selon des économistes, le taux d'intérêt restera inchangé à l'issue de la réunion mensuelle du Conseil d'administration de la Reserve Bank of Australia - Retombées économiques des JO de Paris; des gagnants et des perdants...- Les Etats Unis appellent à la retenue face à un risque d'escalade militaire majeur au Moyen Orient…

SBS Hmong - SBS Hmong
Reserve Bank of Australia puas yuav nce kab theem paj?

SBS Hmong - SBS Hmong

Play Episode Listen Later Aug 6, 2024 7:22


Australia lub txhab nyiaj faj seeb haiv Reserve Bank of Australia tseem yuav qhia tias seb puas yuav nce kab theem paj...,

Australian Property Podcast
Will the Reserve Bank of Australia hike interest rates in August?

Australian Property Podcast

Play Episode Listen Later Jun 29, 2024 41:48


Every week, Chris Bates and Pete Wargent jump on the Australian Property Podcast airwaves to answer your questions or cover the top 3 property news stories of the news. Don't forget to send Chris and Pete your questions! In this week's episode, Chris and Pete cover:  1 – Should affordable housing be a human right? 2 – Housing targets are a fantasy 3 – Buying homes is becoming a multigenerational affair (Jarden) Episode resources Inflation, policy, and regulation https://jamesfostermacro.blogspot.com/2024/06/australian-cpi-4-in-may.html https://petewargent.blogspot.com/2024/06/restrictive-financial-conditions-but.html https://www.rba.gov.au/speeches/2024/sp-ag-2024-06-26.html https://www.apra.gov.au/news-and-publications/apra-chair-john-lonsdale-speech-to-australian-banking-association-conference Story 1 – Should housing be a human right? https://www.davidpocock.com.au/new_bill_to_help_achieve_human_right_to_housing https://www.abc.net.au/news/2024-06-24/should-housing-be-a-human-right-thats-what/104013916  https://amp.theguardian.com/australia-news/article/2024/jun/24/should-australia-recognise-housing-as-a-human-right-two-crossbenchers-are-taking-up-the-cause https://www.afr.com/politics/federal/pocock-tink-push-for-10-year-housing-and-homelessness-plan-in-law-20240622-p5jnvd https://en.wikipedia.org/wiki/Right_to_housing Story 2 – Housing targets are a fantasy Housing targets are a fantasy https://www.macrobusiness.com.au/2024/06/australias-housing-targets-are-a-fantasy/ Story 3 – Buying homes is becoming a multigenerational affair Buying homes becomes a multigenerational affair (Jarden) https://www.news.com.au/finance/economy/australian-economy/shock-sum-parents-need-to-give-their-kids-to-buy-first-home/news-story/e1f26f84773e3cad3bcf8b0a0cc0c420 https://www.macrobusiness.com.au/2024/06/buying-a-home-becomes-multigenerational-undertaking/ ~~ Resources you'll love ~~ Invest with Owen: https://bit.ly/R-invest Mortgage Broking: https://bit.ly/broke-rask Financial Planning: https://bit.ly/R-plan Property Coaching: https://bit.ly/R-P-coach 100-point property checklist (PDF): https://bit.ly/prop-check Accounting with Grey Space: http://bit.ly/3DG5lWS Business Coaching: https://bit.ly/o-coach Ask a question: https://bit.ly/3QtiY00 DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you're confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

The Signal
Why the RBA refuses to cut rates

The Signal

Play Episode Listen Later Jun 18, 2024 14:22


The RBA has kept rates on hold again and it seems there's next to no chance it will be moving them down this year. That's bad news for people repaying debt, while prices keep rising and we're teetering on the edge of a recession. Today, the ABC's Ian Verrender explains what's going on. Featured: Ian Verrender, Chief Business Correspondent

Heather du Plessis-Allan Drive
Murray Olds: Australian correspondent on the Reserve Bank of Australia leaving interest rates on hold at 4.35 percent

Heather du Plessis-Allan Drive

Play Episode Listen Later Jun 18, 2024 4:36


There's no reprieve for Australian borrowers just yet, as the Reserve Bank decided to leave rates on hold. Australia's Official Cash Rate was held steady at 4.35 percent, in line with expectations from economists. Australian correspondent Murray Olds says people are screaming for relief - but the Bank is determined to bring inflation down. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Best of Business
Murray Olds: Australian correspondent on the Reserve Bank of Australia leaving interest rates on hold at 4.35 percent

Best of Business

Play Episode Listen Later Jun 18, 2024 4:45


There's no reprieve for Australian borrowers just yet, as the Reserve Bank decided to leave rates on hold. Australia's Official Cash Rate was held steady at 4.35 percent, in line with expectations from economists. Australian correspondent Murray Olds says people are screaming for relief - but the Bank is determined to bring inflation down. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Front
Paul Kelly on Jim Chalmers' dilemma

The Front

Play Episode Listen Later May 12, 2024 15:02


Treasurer Jim Chalmers says he's got the balance right ahead of the Federal budget. So, what's driving him – and kind of budget will it be? Find out more about The Front podcast here. You can read about this story and more on The Australian's website or on The Australian's app. This episode of The Front is presented and produced by Kristen Amiet and edited by Josh Burton. Our regular host is Claire Harvey. The multimedia editor is Lia Tsamoglou and original music is composed by Jasper Leak.See omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Murray Olds: Australian correspondent on the Reserve Bank of Australia keeping rates on hold

Heather du Plessis-Allan Drive

Play Episode Listen Later May 7, 2024 4:48


Australia's Reserve Bank has made the decision to leave the OCR in place at 4.35 percent. This decision is in line with predictions from economists, amid an uncertain financial outlook. Australian correspondent Murray Olds says the Reserve Bank hasn't ruled out more increases in order to tackle inflation. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Full Story
Is stubborn inflation taking away any hope for an interest rate cut?

Full Story

Play Episode Listen Later May 1, 2024 14:31


Rising education, health and rental costs have kept inflation higher than expected this year. Economics correspondent Peter Hannam tells Nour Haydar what the Reserve Bank's reaction might be – are all hopes of an interest rate cut this year gone? And what does this mean for any cost of living relief the government might be considering?

Heather du Plessis-Allan Drive
Paul Bloxham: HSBC Chief Economist on the Reserve Bank of Australia holding interest rates in place

Heather du Plessis-Allan Drive

Play Episode Listen Later Mar 19, 2024 4:16


The Reserve Bank of Australia has held interest rates steady at 4.35 percent. Australia's OCR has stayed in place since November 2023 off the back of 13 rate hikes- but governor Michele Bullock says the fight isn't over. HSBC Chief Economist Paul Bloxham explains further- and predicts when Aussie homeowners can expect cuts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Murray Olds: Australian correspondent on the Reserve Bank of Australia potentially going too hard to reduce inflation

Heather du Plessis-Allan Drive

Play Episode Listen Later Mar 7, 2024 4:48


There's growing concern Australia's Reserve Bank may have gone too far to reduce inflation. The RBA infamously pushed the Official Cash Rate up 13 times in a row, and some economists are concerned Australia's economy may suffer as a result. Australian correspondent Murray Olds says decreased spending has shrunk economic growth in the last three months of 2023. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Heather du Plessis-Allan Drive
Murray Olds: Australian correspondent on the growing public pressure for the RBA to cut interest rates

Heather du Plessis-Allan Drive

Play Episode Listen Later Feb 1, 2024 4:53


There's growing hope across the ditch that the RBA will cut interest rates soon. Australia's Official Cash Rate is currently at 4.35 percent, with reduced inflation data holding it in place. Australian correspondent Murray Olds says Australia's Reserve Bank meets next week- and there's a high chance they'll reel the OCR back. LISTEN ABOVESee omnystudio.com/listener for privacy information.

SBS Hindi - SBS हिंदी
SBS Hindi Newsflash 05 December 2023: Reserve Bank of Australia leaves interest rates on hold

SBS Hindi - SBS हिंदी

Play Episode Listen Later Dec 5, 2023 4:49


Listen to the top news from Australia and India in Hindi.

Heather du Plessis-Allan Drive
Murray Olds: Australian correspondent on the Reserve Bank of Australia holding the OCR at 4.35 percent

Heather du Plessis-Allan Drive

Play Episode Listen Later Dec 5, 2023 4:58


The Reserve Bank of Australia has opted to keep the OCR on hold for the time being. The cash rate is set to stay at 4.35 percent, with economists citing moderating inflation as the main factor behind the decision. Australian correspondent Murray Olds says inflation is reducing at a positive pace- but time will tell what the market looks like in January. LISTEN ABOVESee omnystudio.com/listener for privacy information.

THE STEPHEN SHIELS RADIO SHOW
Are We Becoming A Cashless Society #459

THE STEPHEN SHIELS RADIO SHOW

Play Episode Listen Later Nov 10, 2023 46:45


Are we becoming a cashless society?. The Reserve Bank Of Australia supports a cashless society. What happens if the eftpos terminal is not working?. Cash is the best form of currency. --- Send in a voice message: https://podcasters.spotify.com/pod/show/stephen-shiels/message

Heather du Plessis-Allan Drive
Murray Olds: Australian correspondent on the Reserve Bank of Australia hiking the OCR up by 25 basis points to 4.35 percent

Heather du Plessis-Allan Drive

Play Episode Listen Later Nov 7, 2023 6:23


Australia's Reserve Bank is taking a crack at inflation - lifting the country's cash rate for the first time since June. It's up 25 basis points to 4.35 percent. Correspondent Murray Olds says inflation was cooling at 5.4 percent- but spiked in the September quarter. "That's because rents are rising very quickly on the back of high immigration numbers, we've got petrol spiking because of international conflict." New Zealand's Reserve Bank is set to review the OCR on November 29,  which is currently on hold at 5.5 percent. LISTEN ABOVESee omnystudio.com/listener for privacy information.

SBS Sinhala - SBS සිංහල වැඩසටහන
After 4 months of silence, the Reserve Bank of Australia lifted interest rates to 4.35 percent - ඔස්ට්‍රේලියාවේ මාස 4ක් තිස්සේ වැඩි නොවූ ණය පොලී අනුපාතය යළි

SBS Sinhala - SBS සිංහල වැඩසටහන

Play Episode Listen Later Nov 7, 2023 4:50


Listen to this SBS Sinhala podcast episode to know about the newest interest rate hike by RBA and the effect of it on you. - ඔස්ට්‍රේලියාවේ මධ්‍යම බැංකුව විසින් උද්ධමනයට එරෙහි සිදු කරන සටන තීව්‍ර කරද්දී , නිවාස ණය හිමියන්ගේ ආර්ථිකයට තවත් පොලී අනුපාත ඉහල යාමකින් පහරක් එල්ල වී තිබේ.

Australian politics live podcast
Does the Reserve Bank have a steady hand on the tiller? – Australian Politics podcast

Australian politics live podcast

Play Episode Listen Later Nov 3, 2023 44:17


Political editor Katharine Murphy speaks to economics writers Shane Wright and Greg Jericho on the pain of rising interest rates, predictions for Tuesday's RBA meeting and the economic tensions of climate change action Get our morning and afternoon news emails, free app or daily news podcast

Full Story
Greg Jericho: a ‘silly' rate rise won't solve inflation

Full Story

Play Episode Listen Later Oct 30, 2023 23:42


All four big banks are predicting the Reserve Bank will raise interest rates next week. Guardian columnist Greg Jericho tells Jane Lee why a rate hike would increase the pain on households for little gain You can support the Guardian at theguardian.com/fullstorysupport

Heather du Plessis-Allan Drive
Paul Bloxham: HSBC Chief Economist on the Australian Reserve Bank holding the OCR in place for fourth month

Heather du Plessis-Allan Drive

Play Episode Listen Later Oct 3, 2023 4:08


The Reserve Bank of Australia has kept the OCR on hold for the fourth month in a row. The decision to keep the cash rate at 4.1 percent is the first one made by the RBA's new governor, Michele Bullock. However, Bullock warned that Australia isn't out of the woods yet when it comes to inflation, and warned of future hikes to come. HSBC Chief Economist Paul Bloxham thinks the RBA could hike interest rates as soon as next month, depending on the next CPI outlook. LISTEN ABOVESee omnystudio.com/listener for privacy information.

SBS Hmong - SBS Hmong
Reserve Bank of Australia tswj tus kab theem paj li qub

SBS Hmong - SBS Hmong

Play Episode Listen Later Oct 2, 2023 6:16


Xov xwm luv hnub zwj Quag (Tuesday newsflash 03.10.2023): muaj cov kev tawm suab Voice Referendum ntxov ntawm ntau lub xeeev, Victoria cov ceeb toom hav zoov kub hnyiab, RBA cov kab theem paj, tshuaj Malaria vaccine, tswv yim daws Nplog tej tsheb daig, Thaib cov lagluam ntoj ncig thiab tej nyiaj digital wallet, Netherland rooj plaub uas nplua Apple.

The Front
Exhausted mortgage-holders are too tired to save

The Front

Play Episode Listen Later Oct 1, 2023 12:49


Mortgage fatigue is preventing Australian borrowers from getting a better deal on their loans – and it's costing them thousands of dollars. Find out more about The Front podcast here and read about this story and more on The Australian's website or search for The Australian in your app store. This episode of The Front is presented and produced by Kristen Amiet, and edited by Tiffany Dimmack. Our regular host is Claire Harvey. The multimedia editor is Lia Tsamoglou, and original music composed by Jasper Leak.See omnystudio.com/listener for privacy information.

Macro Musings with David Beckworth
Zac Gross on the Past, Present, and Future of Australian Monetary Policy

Macro Musings with David Beckworth

Play Episode Listen Later Aug 21, 2023 57:08


Zac Gross is a senior lecturer at Monash University and was formerly an economist at the Reserve Bank of Australia. Zac joins Macro Musings to talk about the Australian central bank and the recent review of its framework. Specifically, David and Zac also break down Australian monetary policy over the past few decades, the RBA's yield curve control experiment, the future of its operating system, and a lot more.   Transcript for this week's episode.   Zac's Twitter: @ZacGross Zac's website Zac's Substack   David Beckworth's Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings   Join the Macro Musings mailing list! Check out our new Macro Musings merch!   Related Links:   *Assessing Australian Monetary Policy in the Twenty-First Century* By Isaac Gross and Andrew Leigh   *An RBA Fit for the Future* by Gordon de Brouwer, Renee Fry-McKibbin, and Carolyn Wilkins

The Property Planner, Buyer and Professor
#219: The Role of the Reserve Bank of Australia (RBA), Why they Target Interest Rates & Why we Need Inflation, Just not too much!

The Property Planner, Buyer and Professor

Play Episode Listen Later Aug 21, 2023 50:52


Got a question for the trio? https://forms.zohopublic.com/propertyplanningaustralia/form/GotaquestionforthePropertyTrio/formperma/zYCQAxzE_24CVlDafP1ozyzwtmB-8m1iCNtCTgDvHXMCate hosts this this exciting second trilogy episode and the Trio enjoy working through some of the burning questions about the RBA and their responsibilities, actions and challenges.What is the RBA's mandate and how does it relate to inflation? Dave kicks off with the answers. FIrst, stability of the currency keeps Australia's purchasing power optimised, and on par with other economies in the world. Secondly, maintenance of full employment in Australia, "Everyone who wants a job, has a job," states Dave. And third is the economic prosperity and welfare of the people of Australia. These responsibilities are within the RBA remit: Monetary Policy: The RBA uses monetary policy tools, primarily through adjusting the official cash rate, which influences short-term interest rates and helps control inflation and support economic growth.Currency and Payments System: Issuing and managing the Australian dollar currency. It aims to maintain confidence in the currency and ensure the smooth functioning of the payments system, which involves overseeing the operation and stability of Australia's financial infrastructure.Financial Stability: Promote the stability and resilience of the financial system. It monitors and assesses risks to financial stability, implements policies and regulations to address those risks, and collaborates with other regulatory bodies to ensure the overall stability of the financial sector.Economic Research and Analysis: Conduct economic research and analysis to gain insights into the Australian and global economy. This research informs the bank's decision-making process regarding monetary policy and other areas of its mandate.Banking Services: Provides banking services to the Australian government, other financial institutions, and some international organisations. These services include managing the government's bank accounts, issuing government debt, and facilitating the smooth functioning of the financial system.2. Why do we need inflation? Encourages Spending and Investment: Inflation can incentivise consumers and businesses to spend and invest rather than hoard cash. When people anticipate rising prices, they are more likely to make purchases and invest their money in assets or projects that have the potential to generate returns. This increased economic activity can stimulate demand, drive production, and contribute to economic growth.Supports Debt Repayment: Inflation can make it easier for borrowers to repay their debts. When there is inflation, the value of money decreases over time. As a result, borrowers can repay their debts with money that has less purchasing power compared to when they initially borrowed. This can provide relief to individuals and businesses burdened with debt obligations.Facilitates Wage Adjustments: Inflation can help in wage adjustments and maintaining labor market flexibility. As prices rise, wages tend to adjust to reflect the increased cost of living. This flexibility allows wages to respond to changes in supply and demand conditions in the labor market. It can help ensure that workers' wages keep pace with the overall price level and maintain their purchasing power.Encourages Long-Term Investment: Inflation can incentivise long-term investment over short-term speculation. When inflation erodes the value of cash holdings, investors are more likely to invest in productive assets such as stocks, bonds, or real estate to preserve or grow their wealth. Long-term investments contribute to capital formation and can support economic development and productivity improvements.Provides Monetary Policy Flexibility: Inflation allows central banks to use monetary policy tools to manage the economy. By adjusting interest rates, central banks can influence borrowing costs, control money supply, and steer the economy towards desired outcomes such as price stability and sustainable growth. Inflation provides a reference point for central banks to set their policy rates and implement appropriate measures.3. Why the target for inflation is set at 2-3 per cent? A target range of 2-3 percent inflation is often considered a good target for central banks for several reasons: Price Stability, Facilitates Monetary Policy, Avoids Deflationary Pressures, Supports Real Income Growth, and International Consistency.The trio ponder these various reasons and apply some relevant examples.4. Why do we make cash rate adjustments? Reducing the demand of goods and services in response to the spending that has pushed prices up at a fast rate. In addition, we are controlling the supply of money via bond management are two of the reasons, according to Dave.Dave sheds light on some of the RBA open market operations, and makes the point that fiscal policy must work in tandem with monetary policy.Mike shares with us all his explanation of Quantitative Easing, aka "Money Printing". He demystifies this concept superbly by outlining the drivers for QE, the purpose of QE, and some of the outcomes of QE.The unintended consequences are something we need to consider and Cate presses Mike on this.5. Outcomes from rising rates to reduce inflationReduced Consumer Spending:Increasing interest rates make borrowing more expensive for consumers, including mortgages, auto loans, and credit cards. Higher borrowing costs can discourage consumer spending, particularly on big-ticket items, leading to a decline in consumption. This reduction in consumer spending can have a dampening effect on economic growthDecreased Business InvestmentHigher interest rates can also raise the cost of borrowing for businesses.This can discourage investment in new projects, expansions, and equipment purchases.And our gold nuggets……Dave Johnston's gold nugget: Through understanding the risks that sit in the economy, investors can be better placed to understand the market long term. The benefits of long term planning hinge around managing risk.Mike Mortlock's gold nugget: "You can see that there's a very complex interplay between things", and Mike believes that every property investor should familiarise themselves with the RBA meeting discussions. The implications discussed in the RBA meeting minutes do have a real effect on property investors. Knowledge is power when it comes to making long term property decisions.Shownotes: https://www.propertytrio.com.au/2023/08/21/managing-inflation-through-targeting-interest-rates-and-the-necessity-of-economic-inflation/

The Signal
When will your wage stop going backwards?

The Signal

Play Episode Listen Later Aug 13, 2023 12:25


Inflation might be starting to come down but when will we see a noticeable difference in how much we're paying for everything?  And when will our wages actually catch up with the cost of living?  Today, business reporter Michael Janda on why we haven't had a real pay rise for 14 years.  Featured:  Michael Janda, ABC senior digital business reporter

Heather du Plessis-Allan Drive
Murray Olds: Australian correspondent on the Reserve Bank of Australia holding the OCR at 4.1 percent

Heather du Plessis-Allan Drive

Play Episode Listen Later Aug 1, 2023 4:03


The Reserve Bank of Australia is holding the OCR at 4.1 percent, to assess the impact of prior hikes. The RBA warns that more increases may be needed to ensure inflation drops to their target in a reasonable timeframe. Australian correspondent Murray Olds says Australian homeowners and renters will appreciate this pause, however temporary. LISTEN ABOVESee omnystudio.com/listener for privacy information.

SBS Polish - SBS po polsku
Reserve Bank of Australia będzie miał nowego szefa

SBS Polish - SBS po polsku

Play Episode Listen Later Jul 16, 2023 4:03


Szef Skarbu, Jim Chalmers rozwiał dziś spekulacje, że jego zalecenie, aby nie odnawiać kadencji Philipa Lowe'a jako prezesa Banku Rezerw, ma coś wspólnego z oceną jego pracy .

SBS Hmong - SBS Hmong
Reserve Bank of Australia tus coj tshiab

SBS Hmong - SBS Hmong

Play Episode Listen Later Jul 16, 2023 14:35


Jim Chalmers tau qhia tias tau xaiv tau Michele Bullock los pib ua tus coj tshiab tswj Australia lub txhab nyiaj faj seeb haiv (Reserve Bank of Australia - RBA) txij hnub tim 18 lub 9 hlis ntuj no mus lawm. Tab sis lwm pab nom ho xav li cas rau cov kev xaiv RBA tus coj tshiab no xwb.

The Front
The AI bot beating scammers at their own game

The Front

Play Episode Listen Later Jul 12, 2023 9:29


 Experts have found a new way to combat phone scammers – and it's powered by Artificial Intelligence. We unpack how the novel technology works. Find out more about The Front podcast here and read about this story and more on The Australian's website or search for The Australian in your app store. This episode of The Front is presented and produced by Kristen Amiet, and edited by Lia Tsamoglou. Our regular host is Claire Harvey and original music composed by Jasper Leak.See omnystudio.com/listener for privacy information.

Russell Investments
Reserve Bank of Australia pauses rate hikes again

Russell Investments

Play Episode Listen Later Jul 7, 2023 6:10


In the latest podcast update:·         Australia's central bank skips rate increase at July meeting·         Assessing the latest opportunities in fixed income ·         Could China announce more stimulus measures soon?IMPORTANT DISCLOSURE:These views are subject to change at any time based upon market or other conditions and are current as of the date at the top of the page.Investing involves risk and principal loss is possible.Past performance does not guarantee future performance.Forecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment.This material is not an offer, solicitation or recommendation to purchase any security. Nothing contained in this material is intended to constitute legal, tax, securities or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type.The general information contained in this publication should not be acted upon without obtaining specific legal, tax and investment advice from a licensed professional.  The information, analysis and opinions expressed herein are for general information only and are not intended to provide specific advice or recommendations for any individual entity.Please remember that all investments carry some level of risk. Although steps can be taken to help reduce risk it cannot be completely removed. They do no not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.Investments that are allocated across multiple types of securities may be exposed to a variety of risks based on the asset classes, investment styles, market sectors, and size of companies preferred by the investment managers. Investors should consider how the combined risks impact their total investment portfolio and understand that different risks can lead to varying financial consequences, including loss of principal. Please see a prospectus for further details.The S&P 500® Index, or the Standard & Poor's 500, is a stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.The MSCI AC (All Country) World Index: Captures large and mid-cap representation across 23 Developed Markets (DM) and 24 Emerging Markets (EM) countries. With 2,791 constituents, the index covers approximately 85% of the global investable equity opportunity set.The FTSE 100 is a market-capitalization weighted index of UK-listed blue chip companies.With a fixed number of 600 components, the STOXX® Europe 600 Index represents large, mid and small capitalization companies across 17 countries of the European region: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland and the United Kingdom. It is derived from the STOXX® Europe Total Market Index (TMI) and is a subset of the STOXX® Global 1800 Index.Indexes are unmanaged and cannot be invested in directly.Copyright © Russell Investments Group LLC 2023. All rights reserved.This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an “as is” basis without warranty.CORP-12269Date of first use July, 2023

Full Story
Is the RBA pushing Australia into a recession?

Full Story

Play Episode Listen Later Jun 13, 2023 21:02


The Reserve Bank has raised interest rates for the 12th time in 13 months, with governor Philip Lowe warning that rates will keep rising if necessary, despite ‘significant financial pressure'. This plan has come under fire, with treasurer Jim Chalmers saying the bank's decision was ‘difficult to understand and difficult to cop', and Commonwealth Bank economists predicting that Australia could slide into a recession this year. Economics correspondent Peter Hannam explains why interest rates continue to rise and columnist Greg Jericho looks at whether the central bank is killing the economy

theAnalysis.news
Honest Government Ad | Reserve Bank of Australia

theAnalysis.news

Play Episode Listen Later May 19, 2023 3:47


The Reserve Bank of Australia has made an ad, and it's surprisingly honest and informative. This video was originally published by The Juice Media on May 6, 2023.

TD Ameritrade Network
Reserve Bank Of Australia Raises Rates: Signs Of Global Recession

TD Ameritrade Network

Play Episode Listen Later May 3, 2023 8:16


Futures are lower as FOMC meeting begins. Jeffrey Kleintop discusses this, in addition to how the Reserve Bank of Australia raises rates by 25BPS to 3.85%. He looks at the Eurozone CPI for April 2023 which was released today, May 2nd. He examines some of today's notable ecodata which includes factory orders and JOLTs. He talks about the signs of recession in the global economy. He then goes over the state of China's reopening. He highlights some tensions weighing on China stocks. Tune in to find out more about the stock market today.

Boiler Room
What Does the Reserve Bank of Australia Restarting Rate Hikes Mean For Other Central Banks?

Boiler Room

Play Episode Listen Later May 2, 2023 19:05


The RBA shocked global markets when they hiked policy rates by 25 basis points for their May policy meeting, after having just paused their aggressive rate hiking cycle in the prior meeting, in order to examine the effects of their year-long measures in tightening policy. Some will interpret the RBA's decision as a forward indicator for other major central banks' respective hiking and pausing cycles. However, Weston Nakamura discusses broader takeaways from the RBA with applications to the Fed, ECB, Bank of England, Bank of Japan, and other central bank policies. Weston also discusses the currency markets in reaction to the RBA shock rate hike - namely the Aussie Dollar against the yen, and how the yen can serve as a useful base currency pair to read market reactions as central banks continue to release their respective policy decisions in the immediate term. -- Follow Market Depth On Spotify: https://spoti.fi/3mVTs9U Follow Market Depth On Apple Podcasts: https://apple.co/40dA2vm Follow Weston: https://twitter.com/acrossthespread Follow Blockworks: https://twitter.com/Blockworks_  Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ --or Disclaimer: Nothing discussed on Market Depth should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Full Story
Why does the RBA need to change?

Full Story

Play Episode Listen Later Apr 23, 2023 18:53


The Reserve Bank of Australia has undergone its first review since the 1990s and is preparing to make sweeping changes to the way it makes decisions. Guardian Australia's economics correspondent Peter Hannam talks to Jane Lee about how the recommendations will change the way bank sets interest rates

Australian politics live podcast
Essential Report: rising interest rates are not hurting the government … yet

Australian politics live podcast

Play Episode Listen Later Feb 22, 2023 30:24


Political editor Katharine Murphy is joined by Essential Media's Peter Lewis to analyse the latest Guardian Essential poll. They discuss the factors that Australians are blaming for cost of living pressures, and the potential impact of the Reserve Bank's actions on the Albanese government

Full Story
The five drivers of interest rates you need to watch

Full Story

Play Episode Listen Later Feb 12, 2023 20:52


Homeowners and buyers are struggling with the Reserve Bank's decision to raise interest rates a ninth consecutive time in a bid to cut inflation. Guardian Australia's economics correspondent Peter Hannam speaks to Jane Lee about five things that will decide how quickly the central bank can stop raising rates and steer the economy to recovery