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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
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Victoria Funds Management Corporation has promoted a senior portfolio manager to head of equities, and hired from outside the company to fill the vacant role
COVID-19 has seen more than half a million Australians lose their jobs and countless businesses shuttered but for SMSF trustee landlords offering rent relief to those facing financial hardship could mean they fail to meet the sole purpose test.
Liberal MP Tim Wilson has written to APRA chair Wayne Byres urging the regulator to conduct an investigation into vertical integration at industry super funds and related conflicts of interest.
A corporate superannuation fund has pushed back its date of a planned successor fund transfer to Sunsuper by a year and is prepping members for potential future delays from COVID-19.
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