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Showing 1131 - 1140 of 4003 results for "Cut"

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
... others, plus the implementation of the Organisation of the Petroleum Exporting Countries (OPEC), Russia and other oil producers cut output by 1.2 million barrels per day (mpd) from 1 January 2019, and the rise and rise in crude oil prices come as no ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... 2.4% in the year to the December 2018 quarter. This gave credence to the Reserve Bank of Australia's (RBA) decision to cut interest rates to a record low of 1.25% just a day before the Australian National Accounts were released. While the RBA's ...

Chief economist update: The path of monetary policy according to Lowe

BENJAMIN ONG  |  WEDNESDAY, 5 JUN 2019
"Toto, we're not in Kansas anymore." The Reserve Bank of Australia's (RBA) decision to cut the official cash rate to a fresh record low of 1.25% takes the country's monetary policy into uncharted waters. More uncharted it would be if JP ...

J.P. Morgan cuts management fees

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
J.P. Morgan Asset Management Australia has slashed management fees on all bond funds by nearly a third. From 1 June 2019, management fees for the following bond funds have been reduced: JPMorgan Global Strategic Bond Fund - from 0.60% to 0.40%; JPMorgan ...

Industry wide pay cut for boards

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
... chairs and directors over the last 12 months. Managing directors and chief executives in the industries had a similar pay cut, losing out on 10% and 21% respectively. Governance Institute chief executive Megan Motto said: "It is clear that the effects ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
... widespread consensus is the RBA will announce a 25 basis point reduction in interest rates today. I'm in with the rate cut camp - do it early to avoid having to do it by more down the track (using the same rationale central banks' spit out when ...

Chief economist update: US recession in the offing

BENJAMIN ONG  |  MONDAY, 3 JUN 2019
... pay for measures to stop illegal migrants coming to America and, at the same time, prove that his admonitions to the Fed to cut interest rates were correct all along, their hefty prices to pay for the looming US recession. The yield differential between ...

AMP faces super fee gouge class action

KARREN VERGARA  |  THURSDAY, 30 MAY 2019
... obligations. We encourage any customers who have concerns to contact AMP directly or their financial adviser," it said. "In 2018, we cut fees on our flagship MySuper products, benefiting approximately 600,000 existing customers as well as new customers ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
... heat is on Oh it's on the street, the heat is on..." - Glenn Frey Oh yes, Virginia, the Reserve Bank better deliver a cut in interest rates when its board meets next week (June 4) or there'll be a lot of disappointed "expert economists" and punters ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
If very, very recent history is any guide, US President Donald Trump would soon be tempering his trade war tweets versus China. Trump did so early this year - prompting financial markets and economic and business agents to expect that a trade deal is ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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