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| | | ... quick and helped along by strong fiscal stimulus from around the globe. "There are improvements in testing, fall in death rates in Italy and also trials for vaccines starting to occur." But while the risk of a depression has eased, it's unlikely ... |
| | | | ... Instead, he suggests the government should allow Australians to borrow against their superannuation savings with zero interest rates, allowing them to repay their super funds when their income returns to "normal". Recovery expected in 2021 Following ... |
| | | | ... protection claims costs, "substantial" reinsurance cost increases and the full impact of the most recent reduction in interest rates, ClearView managing director Simon Swanson said the firm will adjust premium rates ahead of an expected "wave" of changes ... |
| | | | In a somewhat surprising move, banks are lifting some of their term deposit rates despite the Reserve Bank of Australia slashing the cash rate to an all-time low of 0.25% last week. It comes after Australia's biggest bank, the Commonwealth Bank ... |
| | | | ... someone under 65, 3% for someone 75-79 and up to 7% for someone over 95. In the 2011-12 and 2012-13 financial years the rates rose to 3% for under 65, 4.5% for someone 75-79 and up to 10.5% for someone 95 or over. The rate continued to rise in the years ... |
| | | | ... central bank cut the official cash rate five times since January 2019. Earlier this month, Netwealth and HUB24 cut their cash rates to zero following the Reserve Bank's rate cut to 0.50%. At the next rate cut, the two platforms stayed on hold instead ... |
| | | | ... the past can be helpful, particularly if you focus on the direction of the US dollar through previous crisis. "In 1987, rates were going up and so it made sense that USD was rallying on fairly conventional grounds," he said. "That it would soar in 2008 ... |
| | | | ... bill, as well as positive sentiment around the Federal Reserve's new quantitative easing measures and slashed interest rates, has helped fuel US markets' two day rally. However, according to Janus Henderson multi-asset portfolio manager Oliver ... |
| | | | ... responders are themselves infected and medical supplies (like ventilators) become scarce. The Bank of England has cut interest rates by a total of 65 bps in March - 50bps on March 11 and 15 bps on the 19th and increased its bond purchases by £200 billion ... |
| | | | ... Instead, he suggests the government should allow Australians to borrow against their superannuation savings with zero interest rates, allowing them to repay their super funds when their income returns to "normal". These repayments could be made through ... |
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