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Showing 1111 - 1120 of 4004 results for "Cut"

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 ...

Chief economist update: The back-to-back rate cuts Australia has to have

BENJAMIN ONG  |  WEDNESDAY, 3 JUL 2019
I have a confession to make, I was a closet "no RBA rate cut in July" speculator, going against the 'Big Four' banks and financial market expectations that it would... cut interest rates by another 25 bps at its July 2019 board meeting. So soon ...

Raiz hikes fees for low balances

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
Raiz Invest is bumping up fees for low-balance customers from 1 August 2019. Monthly maintenance fees will increase to $2.50 for active account balances of less than $10,000. For accounts with equal to or greater than $10,000, the account fee is unchanged ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
There's no question about it, for sure and for certain the Reserve Bank of Australia (RBA) will cut interest rates again. RBA governor Philip Lowe told us so when he addressed the Committee for Economic Development of Australia (CEDA) event in Adelaide ...

Superannuation fund cuts fees

HARRISON WORLEY  |  THURSDAY, 27 JUN 2019
An ethical superannuation disruptor is the latest to adjust its fees before the Protecting Your Superannuation legislation hits. Future Super is cutting fees for low balance members. From July 1, the $400 million fund will remove the set dollar administration ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... of its June 26 meeting. Understandably, another interest rate reduction only a month after it handed out a 25 basis point cut at its May board meeting could be counter-productive, indicating a sense of urgency (if not, panic) on the domestic economic ...

Chief economist update: ECB to leave no policy tool unturned

BENJAMIN ONG  |  WEDNESDAY, 26 JUN 2019
When the European Central Bank (ECB) concluded its Governing Council meeting on the June 6, not only had it announced to keep monetary policy settings unchanged - repo at 0.00%; marginal lending facility at 0.25%; deposit facility at -0.4% - but it ...

Future Fund backs tech startup

KANIKA SOOD  |  TUESDAY, 25 JUN 2019
... collecting and analyzing data on physical equipment and infrastructure can have a measureable impact in reducing downtime, cut maintenance costs, improving safety and environmental impact. ABB head of technology ventures Grant Allen said: "We have long ...

Chief economist update: Thrilla in Osaka

BENJAMIN ONG  |  TUESDAY, 25 JUN 2019
Financial markets action over the past few days leading up to the June G20 meeting in Osaka - where the main game is between the trade talks between the two biggest economies in the world, the United States and the People's Republic of China - suggests ...

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
... reading of 51.7 from 51.0, boosted by stronger new orders. Both surveys (I assume) were taken before the RBA's 25 bps rate cut announced on June 4. The AiG and CBA made no reference to it in their reports. The RBA's rate reduction would further ...