Chief economist update: Global easingBY BENJAMIN ONG | TUESDAY, 13 AUG 2019 10:29AM
The Reserve Bank of Australia would have to fight rate cuts with rate cuts if it is to preserve the Australian dollar's competitiveness and mitigate the headwinds from a slowing global economy ... even if it means taking the official cash rate to zero.Read more: BOJ, Fed, BOE, QE, Reuters, Abe, Australian House of Representatives, Bank of England, Bank of Japan, Bank of Thailand, Bank Rate, Brexit, Committee, Economics, European Central Bank, Financial Standard, Italy, Philip Lowe, Read Governor Lowe, Reserve Bank of Australia, Reserve Bank of India, Reserve Bank of New Zealand, September of, Serbia, South Korea, TLTRO III, Tokyo, Trump, UK, US Federal Reserve
The executive manager of operations at a $17 billion industry superannuation fund resigned recently, with a replacement yet to be appointed.
Clime Investment Management has partnered with Sequoia to launch a new fund that aims to provide a yearly income of 8%.
A three-day trial has been scheduled for the landmark case brought against Rest by member Mark McVeigh.
A retail superannuation fund has dropped the investment fees on three options by 10 bps to 19 bps, with its chair saying the cuts will help it be more competitive.
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