Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1371 - 1380 of 5911 results for "Rates"

Market recovery or dead cat bounce?

ALLY SELBY  |  TUESDAY, 31 MAR 2020
... 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 ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... 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 ...

Wealth manager appoints new head of advice

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... 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 ...

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
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 ...

SMSFs in flashback to 2008

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... 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 ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
... 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 ...

No time to look back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... 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 ...

Dow skyrockets in two-day winning streak

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... 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 ...

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
... 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 ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... 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 ...