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Showing 1061 - 1070 of 5911 results for "Rates"

Family offices should supplement super

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... comfortably as an 80-20 ratio of risky versus safe assets is more appropriate in the current market environment. "With interest rates having been on a downhill run for the last 30 years, the balanced profile is now reflecting an allocation of about 70% ...

Teachers Mutual launches neobank

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
... Association of Australia and bank cards are made with 82% recycled plastic. Hiver will invest its profits back into competitive rates, lower fees, innovative saving solutions, ethical investment, and local essential worker community projects. "The introduction ...

Chief economist update: Chinese activity indicators disappoint but growth target intact

BENJAMIN ONG  |  MONDAY, 21 JUN 2021
... If it were, the People's Bank of China (PBOC) would have sprung into action. But no, it left its benchmark interest rates unchanged - one-year loan prime rate at 3.85% and the five-year at 4.65% -- for the 13th straight month at its May fixing. In ...

Chief economist update: The (dot) plot thickens

BENJAMIN ONG  |  THURSDAY, 17 JUN 2021
... rise next year increased to seven at the June meeting (from four three months earlier) and those predicting higher interest rates by 2023 rising from seven out of 18 in March to 13 at the recently-concluded meeting - with 11 officials expecting not one ...

Calls for Royal Commission into housing

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
... residential mortgages, one of the highest globally and greatly exposing the banking system to potential disruption. Home ownership rates, meanwhile, have halved for under-35s since 1995. Along with the Royal Commission, which the researchers say is needed ...

Goodments by Douugh now in Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
... Australian launch is young people - Millennials and Gen Z - who it says are looking to the share market due to low interests rates for savings accounts and an expensive property market. Douugh has aggressive expansion plans outside of the US. The company ...

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
... after the European Central Bank convened on the 10th of June and decided to maintain the status quo - keeping the interest rates unchanged on its main refinancing operations, the marginal lending facility and the deposit facility at 0.00%, 0.25% and ...

Putting the local property boom in perspective

ELIZABETH MCARTHUR  |  FRIDAY, 11 JUN 2021
... with 15.5% and the United States with 13.2%. Australia ranked 18 th on the list countries with the highest annual growth rates, experiencing an 8.3% increase in the year. However, Australia's housing market is still running hot led by the markets in ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
... Joneses are purchasing used cars. They have the wherewithal to do so - compliments of the Federal Reserve's low interest rates and the Biden administration's generous fiscal spending. Would inflation turned out to be transitory as the Fed assures? ...

AUSTRAC investigates NAB, JBWere

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... specifically pertains to self-disclosed matters presented to AUSTRAC over a prolonged period combined with the accompanying closure rates that is concerning. AUSTRAC acknowledged that NAB has invested significantly in programs to combat financial crime ...