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Showing 1191 - 1200 of 4003 results for "Cut"

Chief economist update: Fed on ice

BENJAMIN ONG  |  THURSDAY, 21 MAR 2019
... when discussing central banks' changes in policies. A change in policy stance from hawkish to dovish and/or an outright cut in interest rates telegraph the central bank's concern over the state of the economy. This is none other exemplified by ...

AMP cuts MyNorth fees

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
AMP has announced a series of fee reductions for users of its MyNorth platform. The reductions in fees should result in savings for the more than 85,000 customers who currently use MyNorth. The reductions will include lower administration fees across ...

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
... despite the Australian central bank's change of stance from tightening to neutral and the fact that expectations for a cut or two is becoming the consensus and, by the day, is gaining currency. The chart below shows the reason behind the RBA's ...

IOOF faces class action

KANIKA SOOD  |  MONDAY, 18 MAR 2019
... class action. Regency will cover the lawsuit's costs including Quinn Emanuel's fee. In return, it will take a 27.5% cut of the total settlement, according to the guidance provided to IOOF shareholders. However, the actual amount will be the court's ...

Sunsuper enhances online advice services

ELIZABETH MCARTHUR  |  MONDAY, 18 MAR 2019
... forms into a single, intuitive smart form," Sunsuper head of advice and retirement Anne Fuchs said. "We've estimated this will cut the time taken to set up a new member from almost 30 minutes to about three." According to Fuchs, the new digital transacting ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
Uh-OMG-oh! Long-time and loyal readers would have probably noticed my change in tune over the past few weeks - from a mini-me Dr. Doom to a prophet of boom - based on the rationale that the world's major central banks have toned down and/or reversed ...

Goldman Sachs creates new super, pensions role

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAR 2019
... The news of MacEwan's appointment coincides with that of a reduction in Goldman Sachs' global workforce. The firm already cut about 65 employees in its New York office last month. In total, the firm currently employs more than 36,000 people worldwide ...

Chief economist update: What's the RBA waiting for?

BENJAMIN ONG  |  FRIDAY, 15 MAR 2019
... quarter from 1.80% in the previous quarter. So what's the Reserve Bank of Australia (RBA) waiting for? Why doesn't it cut interest rates, and cut it now? I could only surmise that the reason is because the Australian central bank doesn't ...

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
It may have "started with a kiss" for British soul band "Hot Chocolate", but several years from now, when we look back at what I foresee as the re-starting of the engines of global growth, we'll all know that this started with the Powell pause. ...

Chief economist update: European Central Bank policy U-turn

BENJAMIN ONG  |  FRIDAY, 8 MAR 2019
"The fact that the climate has become more uncertain doesn't mean one has to stay put - you do what you think is right... In a dark room you move with tiny steps. You don't run, but you do move, said European Central Bank (ECB) president Mario ...