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Showing 1031 - 1040 of 4001 results for "Cut"

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
Reserve Bank governor Philip Lowe has told a forum at the International Monetary Fund that Australia's economy is set to "return to trend growth" next year. Lowe said the expected return to trend growth over the next year will help get the unemployment ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... monetary policy towards higher interest rates (albeit "gradual and limited") at a time when the US Federal Reserve has already cut rates twice (and is expected to do cut some more); the European Central Bank (ECB) has taken its deposit facility rate ...

ACCC to probe rate cut decisions

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
The Australian Competition and Consumer Commission (ACCC) has been directed by the government to immediately establish an inquiry into the behaviour of Australia's banks when it comes to passing on interest rate cuts. Announcing the inquiry on this ...

Grattan modelling flawed, misleading: ISA

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
Phil Gallagher and Bruce Bastian said the average worker will receive around $50,000 more than the Grattan Institute's "flawed and misleading analysis." ISA said modelling done by Grattan is based on dubious assumptions that "don't stack up" and there ...

Chief economist update: Negative bang for RBA, government's buck

BENJAMIN ONG  |  THURSDAY, 10 OCT 2019
"Pessimism becomes a self-fulfilling prophecy; it reproduces itself by crippling our willingness to act." - Howard Zinn Taken after the Reserve Bank of Australia's (RBA) third interest rate reduction this year which brought the official cash rate ...

Future Fund chief most influential public investor

KANIKA SOOD  |  WEDNESDAY, 9 OCT 2019
... Sawtell-Rickson was 84. VicSuper chief investment officer Andrew Howard was at 91. Smaller superannuation funds also made the cut, including the $9.3 billion NGS Super chief investment officer Ben Squires (rank 62) and Vision Super's Michael Wyrsch ...

Recreo, Mine Super enter the cloud

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2019
Recreo has launched its long-awaited cloud-based superannuation and investment administration platform, developed in partnership with Mine Super. Recreo and Mine Super said the cloud-based platform, named OneTrust, can manage a range of schemes, including ...

Chief economist update: Synchronised forecasts for a synchronised slowdown

BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2019
... trade talks in Washington. While Vice-Premier Liu to lead delegation, he will not carry "special envoy" title. Delegaton also cut short stay in Washington by one night," it said. "[US] Commerce Department placed eight Chinese tech firms to entity list ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
... 1.75%-2% to 1.5%-1.75% at the October FOMC meeting at 88.2% (from 77% a day earlier and 49.2% a week ago). And then another cut in December to 1.25%-1.5%, with the odds lifting to 52.1% from 38.6% a day before and 18.9% last week.

AMP Capital cuts retail fees on Aussie equities fund

KANIKA SOOD  |  THURSDAY, 3 OCT 2019
AMP Capital has almost halved the fees for the retail investors in its $680 million AMP Capital Equity Fund, bringing them at par with wholesale fees. The AMP Capital Equity Fund will charge 26 bps instead of 46 bps per annum in management fees. "AMP ...