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
An activist short seller that accused an ASX-listed agricultural fund of running "scams" was dealt a blow in a Supreme Court judgment handed down yesterday.
The $55 billion industry fund is hiking the cost of its standard insurance cover for most of its members, with those aged 55 to 64 years to be the worst hit.
A former Macquarie Group financial adviser has been permanently banned from the industry, following an ASIC investigation into the adviser's "dishonest" and "misleading" behaviour.
It's the end of the road for a BT multi-asset fund managed by Pendal after 52 years, as investor demand ebbs out.
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