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Australia Names Ex-Bank of England Official as New RBA No 2

Australia Names Ex-Bank of England Official as New RBA No 2
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Andrew hauserPhilip loweMichele bullockJonathan kearnsLuci ellisReserve bankTreasurer jim chalmersGovernor michele bullockAssistant governor luci ellisDomestic markets jonathan kearnsDeputy governor guy debelle

RBA Exodus Is Double-Edged Sword for Overhaul of Central Bank

(Bloomberg) A rising number of senior staff quitting Australia’s central bank may prove a “doubled-edged sword” for efforts to overhaul the institution — resulting in both an injection of new talent and a loss of corporate memory, according to former officials and economists.Most Read from BloombergJack Ma’s Clash With Beijing Costs Ant, Alibaba $850 BillionPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetYellen Says US-China Ties on ‘Surer Footing’ After Beijing VisitMove Over D

Philip loweJim chalmersLuci ellisBloomberg businessweekPrashant newnahaJonathan kearnsTony richardsAdam cagliariniCentre for independentInvestors ltdInternational department alex heathGovernor luci ellisReserve bankDomestic markets jonathan kearnsDeputy governor guy debelleGovernor philip

RBA Exodus Is Double-Edged Sword for Overhaul of Australia Central Bank

RBA Exodus Is Double-Edged Sword for Overhaul of Australia Central Bank
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

Jonathan kearnsLuci ellisGovernor luci ellisReserve bankDomestic markets jonathan kearnsDeputy governor guy debelle

ASX to open flat as investors brace for big rate hike from the Federal Reserve

"Estimates suggest the net effect is that mortgage payments for new buyers would be higher for about two years as a result of higher interest.

Jonathan kearnsDale gillhamDow jonesFederal reserveGrand finalLabor dayDow jones industrial averageNasdaq compositeAll ordinariesAll ordinaries indexReserve bankDomestic markets jonathan kearns

RBA uncertain on property market implications of rising interest rates

Sparking new barbecue conversations, the Reserve Bank has warned the magnitude and timing of interest rate rises brings with it property market uncertainty.

Jonathan kearnsDiana mousinaBank governor dr philip loweBank statement of monetary policyReserve bankDomestic markets jonathan kearnsReserve bank governor dr philip loweBarrenjoey chief economist jo mastersEconomist diana mousinaMonetary policy