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Chief economist update: Time for an RBA shift to neutralBY BENJAMIN ONG | MONDAY, 4 FEB 2019 11:33AM
The RBA will keep interest rates unchanged at its February 5 board meeting, but the $64 million question is what the RBA will do next.
Read more: US, Monetary Policy, Westpac, Fed, Bill Evans, Brisbane, Bruce Lee, China, February Board, Federal, Forum, Governor Ian Macfarlane Current Reserve Bank of Australia, January CoreLogic RP Data Home Value Index, LTCM Long-Term Capital Management, Melbourne, Nearer, Perspective, Philip Lowe, Queensland University of Technology Business Leaders, Sydney
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Towards a perfect currency solution
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Schroders has hired from RBC to appoint a head of private debt for Australia, as it builds out a private assets offering for local investors.
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The administrator appointed to embattled investment group iProsperity, Cor Cordis, has released a damning creditors' report which includes accusations of Ponzi scheme style payments.
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Reserve Bank of Australia governor Philip Lowe said the legislated increase to the superannuation guarantee will impact wage growth and the government will need to weigh up the impacts of that.
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National Australia Bank has reported a 7% fall in cash earnings to $1.55 billion for the third quarter, as the bank confirms it is still "actively exploring" options for the sale of its wealth management business.
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