Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1011 - 1020 of 4001 results for "Cut"

NAB remediation team swells, no executive bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 7 NOV 2019
... his deferred variable reward, worth up to $21 million, when he resigned in February. NAB board directors also had their fees cut by 20% following the resignation of chair Ken Henry. NAB will release a remuneration report next week which is expected to ...

Is EM an investor's saving grace?

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
With interest rates at record lows, Fidelity International believes investing in emerging markets may be the saving grace for many investors feeling the pinch. Speaking at the Fidelity Emerging Markets Adviser Forum in Sydney, Fidelity's cross asset ...

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
... toward achieving the price stability target will be lost." The BOJ's decision came hours after the US Federal Reserve cut the fed funds rate for a third time in October, following its July and September rate cuts. But instead of depreciating against ...

Afterpay slides in global fintech rankings

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
... fintechs to shake up the global financial services scene. This year's iteration saw seven Australian fintechs make the cut, including emerging challenger bank Judo Bank, whose notable backers include the likes of Myer Family Investments, Credit Suisse ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... market expectations for cutting rates on this day would only exacerbate concerns that something wicked this way comes. But cut they will have to... again - sooner rather than later. Perhaps as soon as 22 days before Christmas when the board meets on ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
... 50-year low of 3.5% in September to 3.6% last month. These positive reports came just two days after the US Federal Reserve cut interest rates down another 25 basis points to 1.5%-1.75% on October 30 (the third in as many FOMC meetings - July and September). ...

Chief economist update: Fed pause could be a short one

BENJAMIN ONG  |  FRIDAY, 1 NOV 2019
... Reserve chair Jerome Powell wouldn't be too happy with this new development. In his press conference - after the FOMC cut the fed funds rate a third time in as many meetings to 1.5%-1.75% -- Powell shared his optimism over the outlook for the economy ...

RI Advice faces ASIC action

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
ASIC has filed a Federal Court action against RI Advice and one of its former financial advisers who was the subject of a case study during the Royal Commission. Commencing court action today, the corporate regulator has alleged RI Advice failed to ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
No RBA rate cut on race day, no more rate cuts... ever! The Australian Bureau of Statistics' (ABS) latest update on the country's consumer price inflation has changed market expectations with regards to how low the Reserve Bank of Australia ...

US manager eyes Aussie retirement income

KANIKA SOOD  |  WEDNESDAY, 30 OCT 2019
An American manager looking to tap the Australian market has had a change of direction as it sees greater opportunities in superannuation funds' requirement to develop retirement income products. Thornburg Investment Management which was founded ...