The latest issue of Financial Standard now available as an e-newspaper
ZIRP to bring back "animal spirits"?BY BENJAMIN ONG | FRIDAY, 26 FEB 2016 10:39AM
The question now is would another cut (cuts) in interest rate finally unleash Australian companies' "animal spirits"?
Read more: Australia, Gov Glenn, Australian Bureau of Statistics, Federal Treasurer, House of Representatives, Joe, Kardashians, Prime Minister, RBA Governor Glenn Stevens, Tony Abbott
|Sponsored by Insight Investment|
Towards a perfect currency solution
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.
The administrator appointed to embattled investment group iProsperity, Cor Cordis, has released a damning creditors' report which includes accusations of Ponzi scheme style payments.
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.
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.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|