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Showing 1201 - 1210 of 5911 results for "Rates"

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... nation in containing the COVID-19 outbreak; and the expectation that the Reserve Bank Board is likely to further cut interest rates at its next meeting on November 3." In three words, that's money, money, money. Fiscal money, amounting to "$98 billion ...

Transition away from LIBOR continues

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... October 23. This new protocol will implement fall-back provisions for derivative contracts referencing key interbank offered rates (IBORs), including the London Interbank Offered Rate (LIBOR). ASIC, APRA and the RBA are urging Australian institutions ...

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
... economies by undertaking a large-scale monetary loosening, but will instead look to consumer price stability and exchange rates to help the economy recover. Instead, the PBOC will maintain reasonable liquidity, money supply and aggregated financing ...

Netwealth sees rise in inflows

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... rate reduction, Netwealth will absorb this reduction and this will adversely impact out ancillary revenues until interest rates rise," it said. Additionally, Netwealth said fee paying FUA percentage increased to 64.1%, primarily due to clients transitioning ...

REI Super ups insurance premiums

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... blaming the Putting Members' Interest First legislation. Insurance premiums for REI Super members eligible for standard rates on death and total and permanent disability (TPD) will increase from $1.66 a week to $2.12 a week. Death only cover for ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... widely available by early next year, the economy would be set up to truly boom in 2021 - raising the prospect of interest rates increases, rather than further cuts," Bassanese said. "As it stands, the strong near-term fiscal stimulus provided in this ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... Funds The budget did not extend the early release of superannuation (ERS) scheme past 31 December 2020. Adjusted drawdown rates for account-based pensions were also left untouched. There was also no sign of the Frydenberg-commissioned Retirement Income ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... for new housing construction and said after liaison with industry, the HomeBuilder scheme in conjunction with low interest rates, is expected to pull forward demand. Despite the negative impacts the government said the dwelling investment forecast is ...

Will Janus Henderson and Invesco merge?

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... tough to deliver EPS accretion to Invesco. "The level of debt used to fund the acquisition will be key to funding higher rates of accretion for IVZ and therefore a higher bid premium for JHG shareholders. Unlike, the recent Legg Mason deal which was ...

Multi-strategy fund launches

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... hope that we are able to continue exploiting them as we did in March when the return was 5.66%," Hyams said. "With deposit rates expected to stay at extremely low levels for the long-term, we saw the need for liquid alternative products within an easy ...