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Showing 91 - 100 of 1002 results for "Cash rate"

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... seen since the peak of 91.6% in the June 2023 quarter. This reflects fewer rises in the Reserve Bank of Australia's cash rate in the last 12 months and a slowing in the rollover of expired fixed rate mortgages to higher variable rate mortgages," ...

EQT wins RE mandate from Woodbridge

KARREN VERGARA  |  MONDAY, 12 AUG 2024
... replaced AGP Investment Management from August 1. The Woodbridge Private Credit Fund aims to provide a return of the RBA cash rate plus 5% to 7% per annum net of fees and expenses. The fund invests in first mortgage, senior secured Australian and New ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... scenario. "Based on what I know today and what the board knows today, what we can say is that a near-term reduction in the cash rate doesn't align with the board's current thinking," Bullock said. "I understand that this is not what people want to hear. ...

Markets melt down over 'premature' recession fears

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
... positive for traders out of Monday's carnage: it is now almost certain the Reserve Bank board will not raise the cash rate at today's meeting," Ho said. Echoing this sentiment, most experts (81%, 29/36) from Finder's RBA Cash Rate Survey ...

ANZ, Blackstone launch HNWI fund

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... fund, which is a Cayman Islands-exempted limited partnership. The fund aims to achieve returns above the Australian RBA Cash Rate Target Index + 400bps over a rolling five-year period. ANZ Private chief investment officer Lakshman Anantakrishnan said ...

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
... inflation to target in 2026, while preserving as many of the gains in employment as possible'," Allen said. "Leaving the cash rate on hold in June saw the board still convinced the evidence was there that inflation could return to target in a reasonable ...

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
Rest's core strategy default MySuper investment option, where most of its two million members are invested, delivered a one-year return of 8.67% over the last financial year. This exceeds its long-term average annual return of 8.29% since July 1988. ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... 5%," he said. "In addition, many private credit loans are floating rate and returns can increase with changes in the cash rate or bank bill swap rate." Keith added that with inflation remaining sticky, the increased possibility of a rate rise in August ...

New Zealand exits recession

KARREN VERGARA  |  MONDAY, 24 JUN 2024
... for housing, contributing to an annual increase of 5.1% in rents for new tenancies in March 2024. New Zealand's cash rate is currently 5.5% while inflation is tracking at 4%. ASB Bank predicts the Reserve Bank of New Zealand (RBNZ) will cut interest ...

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
The Reserve Bank of Australia (RBA) kept the official cash rate on hold at 4.35% in June but would not rule out another hike in the future. The RBA board noted that inflation had fallen substantially since its peak in 2022 but said recent federal and ...