Wealth Growth Daily

Australia

Australia picks first female central bank head to shepherd through reform

BY Reuters  • July 14, 2023July 14, 2023
By Wayne Cole SYDNEY (Reuters) – Australia has appointed the first female head of its central bank, passing over the current governor to elevate his deputy to the high-profile job amid a public[...]
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Asia Australia Business Economy Updated

Australia No.3 bank clinches union deal for staff to work from home

BY Reuters  • July 14, 2023July 14, 2023
By Byron Kaye SYDNEY (Reuters) – National Australia Bank (NAB), the No.3 lender, reached a deal that lets employees work from home, a union said on Friday, one of the world’s first to give[...]
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Asia Australia Business Economy Updated US

Bullock takes the reins at Reserve Bank of Australia

BY Reuters  • July 14, 2023July 14, 2023
By Lewis Jackson, Stella Qiu and Wayne Cole SYDNEY (Reuters) – Reserve Bank Deputy Governor Michele Bullock will take over from Governor Philip Lowe in September and has already flagged that lea[...]
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Asia Australia Business Updated

Factbox-Changes to Australia’s central bank following review

BY Reuters  • July 14, 2023July 14, 2023
SYDNEY (Reuters) – Australia’s government announced on Friday that Michele Bullock, Deputy Governor at the Reserve Bank of Australia, will take over from Governor Philip Lowe in September,[...]
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Asia Australia Business Economy

Instant View: Australia appoints first female head for RBA

BY Reuters  • July 14, 2023July 14, 2023
SINGAPORE (Reuters) – Australia on Friday appointed Michele Bullock as the next central bank governor, replacing Philip Lowe to become the first female head of the key institution. Reserve Bank[...]
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Asia Australia Business Economy

Australia’s central bank loses chief to public ire over rates

BY Reuters  • July 14, 2023July 14, 2023
By Wayne Cole SYDNEY (Reuters) – The head of Australia’s central bank suffered an early end to his 43-year career on Friday as past missteps in pandemic policy so tested public trust in th[...]
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Asia Australia Business Economy Europe Politics

Australia govt appoints Michele Bullock as next central bank governor

BY Reuters  • July 13, 2023July 14, 2023
SYDNEY (Reuters) – Australia on Friday appointed Michele Bullock as the next central bank governor, replacing Philip Lowe. Reserve Bank of Australia (RBA) Governor Lowe’s current seven-yea[...]
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Asia Australia Business Economy

Factbox-Potential candidates as next chief of Australia’s central bank

BY Reuters  • July 13, 2023July 13, 2023
By Wayne Cole SYDNEY (Reuters) – The head of Australia’s central bank will not be reappointed for a second term as the Labor government seeks a new pair of hands for an institution scarred[...]
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Asia Australia Business Economy Politics

Cooler inflation keeps stocks up, dollar and yields down

BY Reuters  • July 13, 2023July 13, 2023
By Lawrence Delevingne and Huw Jones (Reuters) -U.S. stocks rose again and global equities hit new highs for 2023 on Thursday, while the dollar and Treasury yields continued to slide, as slowing U.S.[...]
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