Latest news with #Callow
Sky News AU
09-07-2025
- Business
- Sky News AU
Australian dollar sees sharp move following shock RBA cash rate decision
InTouch Capital Markets' Sean Callow claims he was 'surprised' by the RBA's cash rate decision. This comes amid the Reserve Bank of Australia deciding to keep the cash rate on hold at 3.85 per cent despite wide speculation of a rate cut. 'I was surprised, and the Aussie dollar reaction tells you that FX traders were as well,' Mr Callow told Sky News Business Reporter Edward Boyd.
Sky News AU
08-07-2025
- Business
- Sky News AU
Economists shocked after Reserve Bank of Australia subverts widespread expectations and holds cash rate at 3.85 per cent
Many leading economists were shocked after the Reserve Bank of Australia subverted widespread expectations of a rate cut and held the cash rate at 3.85 per cent. The central bank decided to hold rates despite money markets pricing in a 94 per cent chance of a rate cut in the hours up to the decision. RBA Governor Michele Bullock said the central bank awaited further data on inflation to confirm it is settling amid global economic uncertainty. 'The board decided to wait a few weeks to confirm that we're still on track to meet our inflation and employment objectives," she told reporters after the RBA decision. She also confirmed the decision was 'more about timing' and 'making sure' underlying inflation continued to settle with new quarterly data due before the next decision. InTouch Capital Markets' Sean Callow said the decision came as a shock and considered the financial ramifications this would have amid widespread expectations of a cut. 'When I saw it, I had to do a double take,' Mr Callow said on Business Now. 'I was thinking particularly of the interest rate market - how much money just got lost – but also disappointment from the public who had been guided by so many forecasters.' RaboResearch senior macro strategist Ben Picton echoed Mr Callow's sentiment during a separate appearance on Business Now. 'I was shocked as most others were,' Mr Picton said. 'Almost every economist surveyed by the various news outlets out there were expecting a cut today. 'I was in that camp and I think it's fair to that the RBA wrong-footed the market big time.' Every major bank was forecasting the RBA to deliver a 0.25 per cent rate cut on Tuesday. AMP's chief economist Shane Oliver also acknowledged his forecast of a July cut was wrong but was optimistic about future rate cuts. 'We continue to see further rate cuts as we see economic growth picking up more slowly than the RBA is forecasting, underlying inflation is likely to be confirmed around the 2.5 per cent target and monetary policy remains tight,' Mr Oliver said. Meanwhile, Finder's head of consumer research Graham Cooke said the decision would comes as a blow to many home owners banking on further financial relief. 'There is still a portion of homeowners who are in severe mortgage stress doing it tough,' Mr Cooke said. 'It's soul-crushing when you think relief is coming only to find that you need to wait another couple months.' Tuesday's decision follows the RBA lowering the cash rate 25 basis points in both May and February. The RBA held the cash rate at 4.35 per cent for almost a year and a half to stamp out post-pandemic inflation.
Irish Daily Mirror
12-06-2025
- Sport
- Irish Daily Mirror
Jockey banned for fighting rival after five-word taunt sparked post-race scrap
Jockey Noel Callow has been handed a three-month suspension following a brawl he initiated with a fellow rider. The legendary Australian rider, nicknamed 'The King', has won more than 2,000 races, including five at Group 1 level, earning over £20million in his homeland. The 50-year-old pleaded guilty to improper conduct after getting into a scrap in the male jockeys' room at Doomben, Queensland last month. Callow was taken to the hospital after showing signs of concussion, which caused stewards to adjourn their inquiry on the day of the incident. When the investigation resumed, it emerged that the altercation started when Callow stood too close to Kyle Wilson-Taylor during weigh-in. Wilson-Taylor had to shove him aside to leave the scales, warning Callow: "I'm not scared of you", per the Queensland Racing Integrity Commission stewards' report. Callow then followed Wilson-Taylor into the changing room and "made aggressive contact" from behind, sparking "a physical altercation." The scuffle saw both men hit the deck, with Wilson-Taylor landing two blows to Callow's head while on top of him before they were separated. Despite the tussle, only Callow faced charges for behaviour detrimental to the interests of racing. Callow's solicitor informed the panel that the confrontation was brief, lasting just 15 or 20 seconds, and happened away from public view. His counsel argued it was a "momentary loss of temper", "out of character over recent times" and "unlikely to be repeated." Callow had issued an apology and was pursuing anger management guidance. The disciplinary panel deduced that Callow was the primary provocateur in the altercation and, whilst there was existing tension between the two, it didn't justify his behaviour. The findings highlighted: "Offences of this nature are unacceptable and cannot be condoned by the industry or industry regulators, in this case QRIC stewards." Callow received a three-month ban, which will be reduced to two provided he visits a sports psychologist and completes an anger management programme during his suspension.
Wales Online
29-05-2025
- Sport
- Wales Online
Horseracing jockey hospitalised after 'physical altercation' with rival half his age
Horseracing jockey hospitalised after 'physical altercation' with rival half his age A jockey was taken to hospital after a physical altercation broke out with a rival at a Doomben race meet in Australia on Wednesday, with stewards launching an investigation Noel Callow (Image: Getty Images ) A tussle between two jockeys at an Australian race meeting resulted in one needing medical attention, as reports emerged about the incident. The conflict unfolded during a race day at Doomben on Wednesday, prompting officials to initiate an inquiry into what provoked the fight. The clash involved Group 1 victors Noel Callow and Kyle Wilson-Taylor, escalating after rising 'ill-feeling', stated Racenet. The report also mentioned that Wilson-Taylor denied being the initiator of the fracas, and it appears he is set to continue his racing activities. On the other hand, Callow had to be taken to hospital and was temporarily relieved of his riding duties due to medical concerns. Kim Kelly, the Deputy Commissioner for the Queensland Racing Integrity Commission, confirmed: "I can confirm that a stewards' inquiry has been opened into a physical altercation between two riders at the Doomben race meeting today. "A considerable body of evidence has been taken and the matter was adjourned to a date to be fixed to allow a rider who was taken from the course for medical treatment to give evidence," reports the Express. As of now, it remains a mystery how the dispute between the 25-year-old Wilson-Taylor and the seasoned 50-year-old Callow ended up turning violent. The veteran racer Callow, fondly referred to as 'King', has accumulated over £22million in prize money throughout his illustrious career in horse racing. Callow boasts a tally of five Australian Group 1 victories and has enjoyed a lucrative career stretch in Singapore, showcasing his horseracing prowess across the globe. Since 2023, Wilson-Taylor has been counted amongst the distinguished Group 1 ranks. Last year, the Brisbane-based Wilson-Taylor candidly discussed enlisting a sports psychologist to combat a spate of suspensions mainly attributed to careless riding. Speaking to Racenet, he revealed: "I had a really bad record for suspensions, I just kept getting suspended. Article continues below "I wasn't going out there to cause interference, but it felt like I would be suspended for two or three weeks then back for a week and then suspended again." He continued, explaining the positive impact of seeking psychological guidance: "It got to the point where stewards said that I needed to go and see a sports psychologist. "It was a slow burn at the start, he comes around to my house and sits here for a couple of hours and we talk. But it has now really been a game-changer for me."
Courier-Mail
29-05-2025
- Sport
- Courier-Mail
Jockeys Noel Callow, Kyle Wilson-Taylor in physical altercation
Don't miss out on the headlines from Horse Racing. Followed categories will be added to My News. Noel Callow has been stood down from riding under concussion protocols and will miss a Group 1 ride after being involved in a physical altercation with fellow jockey Kyle Wilson-Taylor at the Doomben races on Wednesday. It means Callow will forgo the ride on Bevan Laming's Group 1 Queensland Derby contender Our Benefactor on Saturday, which would have been Callow's first Australian Group 1 ride in years after re-establishing his riding career in the Sunshine State. The Queensland Racing Integrity Commission has now confirmed Callow has been stood down for 12 days under concussion protocols. • PUNT LIKE A PRO: Become a Racenet iQ member and get expert tips – with fully transparent return on investment statistics – from Racenet's team of professional punters at our Pro Tips section. SUBSCRIBE NOW! The official stewards' report from Doomben Wednesday races was also published online at 11.30am on Thursday. The reference to the incident in the report said there was an 'adjourned inquiry into an 'incident post race (six).' And the report stated that, before race seven: 'The start of this race was delayed approximately five minutes when rider N. Callow, who had weighed out for this event, was then subsequently stood down after being examined by the club doctor and found to be unfit to fulfil his remaining engagements.' It also stated a 'medical clearance was required (including concussion protocol)' before Callow was permitted to ride again. Racenet broke the news on Wednesday that stewards were investigating a physical altercation between the jockeys, which came after ill-feeling between the pair escalated at Doomben. It is understood Wilson-Taylor insisted that he had not been the aggressor in the initial incident. • Clinton Payne's Queensland Derby tips, runner-by-runner form analysis Wilson-Taylor, who broke into the elite Group 1 club when he scored in the Tatt's Tiara on Palaisipan in 2023, has three rides at Eagle Farm on Saturday. Callow, with five Australian Group 1s to his name, has collected big-race wins all over the world, including a prolific stint in Singapore. The larrikin jockey they call 'King' has returned to being a formidable metropolitan riding force in recent times, but says after he first arrived in Queensland many trainers thought he was in semi-retirement. Queensland stewards did not take evidence from Callow on Wednesday as he left the course to seek medical treatment. Stewards have adjourned the inquiry, which took a considerable volume of evidence from other riders and racing officials, to a date and time to be fixed. They want more time to complete the inquiry to allow further investigation into the incident and to gather more evidence. Originally published as Noel Callow stood down under concussion protocols after physical altercation with fellow jockey Kyle Wilson-Taylor
