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Chief economist update: RBA heading to zeroBY BENJAMIN ONG | WEDNESDAY, 7 AUG 2019 10:00AM
As expected, the RBA kept interest rates on hold at 1% following its back-to-back cuts in June and July. However, financial markets still expect another cut come November.
Read more: US, China, Treasury, Trump, America, Beijing, Economist, Law, Murphy, August Board, Fed, Financial Institutions Forum, IMF, Mark Sobel, Official Monetary, Reserve Bank of Australia, Washington, Yes Virginia
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Depression, Recovery, and the Risk of Time
The $80 billion fund manager has hired BMO Global Asset Management's Asia Pacific managing director as an executive director as the incumbent retires.
Wilson Asset Management has responded to allegations by Keybridge Capital, noting the investment manager has already failed twice in previous attempts to obtain orders of this kind.
The former head of ESG investment research at AMP Capital has taken up a new role.
Fortnum, Centrepoint, Easton Wealth, CountPlus, Fitzpatricks and Paragem have all criticised the Financial Planning Association of Australia's latest policy proposal.
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