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
Following its acquisition of a stake in Escala Partners, New York-based Focus Financial Partners is set to buy a slice of Melbourne-based MEDIQ Financial Services.
With the coronavirus, now dubbed COVID-19, impacting not only many lives, but now also the bottom line of some of the world's biggest companies, investors are chasing shorting opportunities to bank big on the pandemic.
A former chair of the SMSF Association has returned for another stint in the top job.
The chief executive of a $5.5 billion industry superannuation fund has spoken out against increasing the superannuation guarantee to 12% in a submission to the Retirement Income Review.
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