Philip Lowe News

08.09 / 22:21

Enterprise Lowe’s star Inside Weekend Get ready for a post-Lowe world, and nine other great weekend reads

Welcome to the weekend. To start off your day, we’ve curated 10 great reads to enjoy.

02.10 / 18:07

markets Provident economy community information reports recommendations RBC barred from off-the-record briefings with Aussie central bank after leaks

The Reserve Bank of Australia is facing questions over its practice of holding off-the-record briefings with market participants after reports that at least two such discussions had been leaked, resulting in bans for the institutions involved.

05.11 / 02:51

FIVE Reuters country recommendations Australia treasurer wants to name new RBA deputy governor by Dec. 5

SYDNEY (Reuters) — Australia's Treasurer Jim Chalmers said on Sunday he planned to name a new Reserve Bank of Australia deputy governor in the next month, after Michele Bullock vacated the role to take the reins as RBA governor.

20.09 / 03:03

UPS Lowe's Ripple Fighting country View: The economics story China doesn’t own

China's economic slowdown has rippled through Asia. Tourists aren't flocking to Thai beaches or Singaporean malls in the numbers anticipated. Factories are struggling, and there are questions about whether Beijing can bankroll public works in the manner to which the neighborhood has become accustomed. One glaring omission from the list of spillovers: interest-rate cuts. Despite the country's heft, China's travails aren't translating into easing in its backyard.

19.09 / 01:45

Lowe's Target band show Time RBA considered raise in Sept but wants more time to assess past hikes

SYDNEY, Sept 19 (Reuters) — The Reserve Bank of Australia considered a 25 basis point hike in interest rates before eventually deciding to hold the benchmark cash rate unchanged at 4.1%, the minutes of the central bank’s September meeting released on Tuesday showed.

14.09 / 19:03

Lowe's Airlines show exclusive Michele Bullock failed to declare Qantas Chairman’s Lounge membership

Incoming Reserve Bank governor Michele Bullock has updated her register of personal interests after failing for more than a year to declare she was a member of the exclusive Qantas Chairman’s Lounge.

05.09 / 09:16

COST Lowe's Target Browser show Reserve RBA interest rates: official cash rate left unchanged by Reserve Bank of Australia at 4.1% for a third month

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05.09 / 03:07

UPS Lowe's Gap show country Dollar steadies, Aussie slips as RBA looms

dollar was firm on Tuesday and the Aussie under a little pressure as traders watched out for the Reserve Bank of Australia's interest rate decision with bets that rates may have peaked. The Aussie was 0.5% lower at $0.6431 in early trade. Softer than expected inflation data for July has markets all but certain the cash rate will stay on hold at 4.1% when the RBA announces its decision in the next few hours, far lower than where U.S.

11.08 / 08:57

COST UPS Lowe's Remark Don’t get mad at banks, get more interest, Lowe says

Departing Reserve Bank governor Philip Lowe has urged savers to demand increased deposit rates on their accounts of at least 5 per cent, while dismissing Labor MPs’ suggestions lenders are reaping “super profits” and worsening inflation.

11.08 / 05:13

Lowe's show country Asia FX weakens amid China fears, dollar strong after CPI

Investing.com-- Most Asian currencies fell on Friday amid persistent fears of an economic slowdown in China, while the dollar firmed after data showed that U.S. consumer inflation grew as expected in July.

11.08 / 02:15

UPS Lowe's Target band stage Australia central bank says worst over for inflation as policy enters 'calibration stage'

SYDNEY (Reuters) — The head of Australia's central bank on Friday said policy was in the «calibration stage» as the worst was over for inflation, though some further policy tightening might be needed depending on incoming data and evolving risks.

17.07 / 03:39

COST UPS Lowe's Target Fighting Support Peak interest rate to support Bullock, says Comyn

Commonwealth Bank chief executive Matt Comyn says incoming Reserve Bank governor Michele Bullock’s job will be easier than it was for Philip Lowe, given the cash rate is forecast to peak after one more interest rate increase.

16.07 / 04:49

UPS Lowe's Unemployment global economy Unemployment Rate Australia expects unemployment rate to rise as global economy slows

SYDNEY (Reuters) — Australian Treasurer Jim Chalmers said on Sunday that he expected the nation's jobless rate to lift from near a 48-year low on the back of higher interest rates and slowing global growth.

15.07 / 03:47

Lowe's Digital Booking Amazon Progressive Apple Australia upbeat on global tax talks at G20 in India

«There's been progress made over the years and we want to advance that progress further,» Chalmers told ABC television, referring to the meeting Monday and Tuesday of G20 finance ministers and central bankers. More than 140 countries were supposed to start implementing next year a 2021 deal overhauling decades-old rules on how governments tax multinational corporations.

14.07 / 03:09

COST UPS Provident Lowe's Low Weekly Gold poised for weekly gain as dollar hits over 1-year low

Gold prices on Friday were set for their biggest weekly gain since April, as the U.S. dollar hovered close to a more than one-year low on bets the Federal Reserve will soon hit the brakes on interest rate hikes. Spot gold was steady at $1,958.45 per ounce by 0051 GMT, and up 1.8% for the week.

14.07 / 01:13

Lowe's Assurant Lowe’s Australia names Michele Bullock as new RBA governor

Investing.com-- The Reserve Bank of Australia said on Friday that the government had named Michele Bullock as its next governor, making her the bank’s first female leader after incumbent governor Philip Lowe’s term ends in September.

14.07 / 01:13

UPS Waves Lowe's Booking Career Australia's central bank loses chief to public ire over rates

By Wayne Cole

14.07 / 01:13

COST Lowe's Career Assurant Australia appoints first female head for central bank

By Wayne Cole

12.07 / 11:55

COST UPS Lowe's Parke The latest retailer to warn of chills to consumer spending

Sports and outdoor goods seller KMD Brands, the company behind Kathmandu and Rip Curl, has joined Adairs, Super Retail and Domino’s Pizza in warning of a consumer slowdown which has dampened June quarter trading.

04.07 / 11:50

COST Provident Lowe's Target Australian Australian central bank leaves its benchmark cash rate at 4.1% but warns there may be further hikes

Australia’s central bank has left its benchmark interest rate at 4.1% after inflation fell to 5.6% in May from 6.5% a month earlier

04.07 / 11:49

UPS COMPOSITE Tesla DAX Stock market today: Global stocks higher after Wall St hits 15-month high ahead of holiday

Global stock markets are mostly higher after Australia's central bank kept its key lending rate unchanged and Wall Street hit a 15-month high

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