Reserve Bank

Bussiness

RBNZ Seen Stepping Up Rate Cuts on Inflation Undershoot Risk

Admin - October 4, 2024

(Bloomberg) -- New Zealand’s central bank will cut interest rates by half a percentage point at each of its two remaining policy meetings this...

Bussiness

RBA Reforms Face Major Hurdle as Greens Demand Rate Cut

Admin - September 23, 2024

(Bloomberg) -- Australian Treasurer Jim Chalmers’ plans to overhaul the Reserve Bank suffered a major setback after the left-wing Greens party demanded the government...

Bussiness

Australia’s Treasurer Says Opposition Blocking RBA Reforms

Admin - September 9, 2024

(Bloomberg) -- Australian Treasurer Jim Chalmers said he was disappointed but not surprised that the Liberal-National opposition had rejected his compromise offer on Reserve...