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| | | In the first increase in more than a decade, the Reserve Bank of Australia has raised the cash rate target by 25 basis points to 0.35%. Announcing the decision this afternoon, RBA governor Philip Lowe said the board determined the time is right to begin ... |
| | | | ... has stated the case for lifting rates is strong. However, despite the RBA's independence to act as it sees fit, raising the cash rate before an election - the first hike in over a decade would put the RBA right in the political mix. HSBC relayed the ... |
| | | | ... classes," LGIAsuper said. However, the fees applied to the Stable, Defensive, Socially Responsible Australian Shares and Cash options have increased. "The increases are a result of changes in asset allocation on some options as well as performance fees ... |
| | | | ... growing client demand, the institution said. "Citi is continuing to make significant investments including building out our non-cash and trading capabilities, ensuring we have the experience, skills and capacity to meet the increasing activity from our ... |
| | | | ... by 25bp increases. Meanwhile, HSBC believes the RBA won't move until June but the increase will be higher, predicting the cash rate to be 0.50% in June and 1.00% by the end of the year. Hayden Groves, president of the Real Estate Institute of Australia ... |
| | | | ... the poor." Nations should invest in targeted safety-net programs, the World Bank said, including school feeding programs, cash transfers and public work programs, rather than dishing out food and fuel subsidies. The World Bank is also calling on nations ... |
| | | | ... Capital's real estate and domestic infrastructure equity business to Dexus Funds Management. The sale is for an upfront cash consideration of $250 million. In addition, Dexus will acquire all of AMP's existing ($180 million) and committed ($270 ... |
| | | | ... and the community of users to unlock it." Under the terms of the agreement, Twitter stockholders will receive US $54.20 in cash for each share of common stock that they own at the completion of the deal. The purchase price represented a 38% premium to ... |
| | | | ... six longstanding matters filed by ASIC in November 2021. Overall, Westpac expects a first half net reduction in profit and cash earnings of $6 million. The bank had a gain from the sale of Westpac Life NZ of $119 million and gains of a further $119 million ... |
| | | | Gordon Brothers has had a US $300 million cash injection from Canada Pension Plan Investment Board (CPP Investments). The new financing brings the capital base for Gordon Brothers to more than $1 billion. The advisory, restructuring and investments ... |
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