Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 765 results for %22May rate cut%22

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... said. Meanwhile, JP Morgan Asset Management global market strategist Kerry Craig believes Australia's ties with China may actually prove positive in the long term. "Australia is going to feel the pain as much as the next country, but its relationship ...

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
... 1.3% rise in furnishings and household equipment; 0.5% increase in recreation and culture - also indicates that, delayed it may be, the Morrison government's 1 July tax rebates were spent. It would have been "gently" up, up and away for the Australian ...

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
... Street's reaction to the Fed's decision -- Dow down 3.0%, S&P 500 down 2.8%, Nasdaq down 3%, Russell 2000 down 2.1% -- may give other central banks (especially those that have already ran out of interest rate ammo like the BOJ and the ECB) expecting ...

TAL loses super fund mandate

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
... income protection cover. "Whilst every effort has been made to reduce premiums for all members, a small number of members may experience an increase in some premium rates," Freedom of Choice said. Some members may also perceive the changes to policy ...

RBA expected to cut again; maybe even tomorrow

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
Finder's RBA Cash Rate Survey found 90% of economists believe there will be a rate cut in 2020, with 15% expecting the cut to come tomorrow. Graham Cooke, insights manager at Finder, said 20 economists specifically called out the threat of the coronavirus. ...

Chief economist update: Wall Street sneezes

BENJAMIN ONG  |  THURSDAY, 27 FEB 2020
It may have started in China and is infecting its way around the planet but the coronavirus hadn't had much impact on equity markets until it hit investor sentiment on Wall Street. Five straight down days have taken returns on the S&P 500 index ...

Chief economist update: Who's afraid of COVID-19?

BENJAMIN ONG  |  TUESDAY, 25 FEB 2020
... central banks around the world have already - Thailand, Philippines and Indonesia - or are prepared (markets expect the Fed cut interest rates by at least once this year) and governments stand ready to employ fiscal policies - Chinese President Xi has ...

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
... Morrison government is reining in expenditure on public servants' pay rises to ensure a budget surplus? Just saying.). Wages may still be growing but this masks the fact that the growth in nominal wages is being eaten up by inflation. Growth in real ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
Uh-oh, I may have to put the letters "W" and "R" in front of my last name (Ong) cause that's what my last prognosis for the US economy and the Fed's response is turning out to be. I've been among those pencilling in a recession when the ...

Millennials not attracted to property

ALLY SELBY  |  WEDNESDAY, 29 JAN 2020
Low return expectations may be impacting first home purchases among younger Aussies, with investors turning towards equities and bonds to reap stronger returns. That's according to the latest analysis from Fidelity, which compared real (inflation-adjusted) ...