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Showing 1101 - 1110 of 4003 results for "Cut"

Chief economist update: A case for optimism

BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
... confidence in June, Westpac's Consumer Sentiment Survey - conducted in the week of July 1-5 (after the RBA's second rate cut on the 2nd and the passage of the Coalition's tax cut package on the 4th) - looks worse. Australian consumer sentiment ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... dinner with the business community on June 4 - the night after the afternoon when the central bank announced its first rate cut since August 2016 - governor Philip Lowe declared 4.5% is the unemployment rate at which wages start to lift and feed into ...

Sovereign investors go back to fixed income

KANIKA SOOD  |  TUESDAY, 9 JUL 2019
Sovereign investment portfolios around the world have gone back to holding the largest chunks of their assets in fixed income after concerns about volatility in equities markets, says Invesco. Globally, sovereign investors increased their fixed income ...

Deutsche chief to buy shares amid turmoil

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUL 2019
Deutsche Bank's chief executive said he will put his money where his mouth is, committing to invest his own salary in a bid to turn the institution around. Speaking to analysts and shareholders yesterday, Deutsche chief Christian Sewing said: "No-one ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... of the US labour market. Sure, it was great news for the US economy but... it also eased growing expectations the Fed would cut interest rates by 50 bps from the current 2.25%-2.5% as early as its July FOMC meeting to just a 25bps reduction. The Reserve ...

Chief economist update: BOE flips tightening bias to easing

BENJAMIN ONG  |  MONDAY, 8 JUL 2019
... and a sharp rebound from the 72,000 added in the previous month - failed to remove or even reduce the odds for a Fed rate cut this month. The CME FedWatch Tool puts the probability that the US central bank will cut interest rates by 25 bps to 2%-2.25% ...

Chief economist update: The turn in Australia's cycle from vicious to virtuous

BENJAMIN ONG  |  FRIDAY, 5 JUL 2019
"Such a feelin's comin' over me There is wonder in most everything I see..." - Karen Carpenter Not long now - just less than a percentage away (0.8% to be exact) - and the All Ordinaries index would top the all-time high of 6,853.57 points it ...

HUB24 defends cash accounts

KARREN VERGARA  |  THURSDAY, 4 JUL 2019
... a Macquarie analysis, the article highlighted how a Hub Super client would earn -0.06% on a cash investment after the rate cut. HUB24 would negotiate a 1.75% interest rate and earn 1.25% of this as revenue, while account holders will receive 0.5% - as ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  THURSDAY, 4 JUL 2019
"China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being the dummies who sit back and politely watch as other countries continue to play their games ...

BlackRock cuts fees on Aussie shares ETF

KANIKA SOOD  |  WEDNESDAY, 3 JUL 2019
... portfolios." IOZ's new fee structure came into effect at last week's trading. As a part of the review, BlackRock also cut fees on a core international shares ETF (IWLD, 16 bps to 9pbs) and its hedged version (IHWL, 19bps to 12pbs). These were ...