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Showing 1021 - 1030 of 4003 results for "Cut"

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 ...

Macquarie to cut jobs

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2019
... According to Reuters, the bank has around 700 cash equities employees, with a source telling them the group is expected to cut around 100 jobs in London and New York in favour of smaller teams that will support the core Asia Pacific business. Macquarie ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
... was revving up monetary policy stimulus measures: An economic bulletin reads: "The package consists of five elements: (i) a cut in the interest rate on the deposit facility, (ii) adjustments to the forward guidance on the key ECB interest rates, (iii) ...

IOOF to cut bonuses, pays Kelaher millions

ELIZABETH MCARTHUR  |  TUESDAY, 29 OCT 2019
IOOF's annual report includes details of the termination remuneration for former managing director Christopher Kelaher. The report shows Kelaher received a termination payment of $1,273,379 in lieu of his contractual notice period along with additional ...

Bravura acquires software firm

ELIZA BAVIN  |  TUESDAY, 29 OCT 2019
Bravura Solutions has acquired FinoComp for a total consideration of $25 million. FinoComp is an Australian software company that will add functionality to Bravura and bring new wealth management clients from the UK. "They provide software for data ...

Chief economist update: It's the money, stupid

BENJAMIN ONG  |  TUESDAY, 29 OCT 2019
... overnight underpinned by bullish headlines that include: positive US-China trade talks; near-certainty of another Fed rate cut at its October FOMC meeting and the latest reporting season showing company earnings coming in better than expected. "Roughly ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... push the Australian dollar down. The A$/exchange rate has appreciated by as much as 2.4% since the RBA's October 1 rate cut as speculations that the Fed will reduce interest rates again at its October 29-30 FOMC meeting strengthened (with 93% probability) ...

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
An RBA rate cut won't happen on Melbourne Cup Day, 5 November. But it will happen - perhaps down to negative and up to the point where the Australian central bank is forced into quantitative easing and print Australian dollars. This is because latest ...

Chief economist update: Oil to slide into 2020

BENJAMIN ONG  |  THURSDAY, 24 OCT 2019
... implemented by the Organisation of the Petroleum Exporting Countries (OPEC), Russia and other oil producers. The grouping cut oil output by 1.2 million barrels per day (mpd) starting 1 January 2019, originally planned to expire on 30 June this year ...