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Showing 1511 - 1520 of 5911 results for "Rates"

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
... 3.5% in September to 3.6% last month. These positive reports came just two days after the US Federal Reserve cut interest rates down another 25 basis points to 1.5%-1.75% on October 30 (the third in as many FOMC meetings - July and September). And China ...

Industry fund offers bonus on income streams

KANIKA SOOD  |  THURSDAY, 31 OCT 2019
... said offering an incentive to nudge members towards income streams makes sense from a commercial perspective. "Attrition rates out of super funds when members retire is a serious issue. Many super funds are hiring dedicated "retention" product managers ...

ANZ profits hit by remediation, low rates

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
ANZ's full year profit fell 7% to $5.95 billion compared to last year, with the bank blaming record low interest rates, increased regulation and a rise in customer remediation costs. ANZ chief executive Shayne Elliott said: "This has been a challenging ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... in line with market expectations that seemed to have confirmed inferences over the RBA's reluctance to cut interest rates anymore. There was that phrase in the October 1 meeting minutes stating that the stimulatory effects of lower interest rates ...

Industry fund hikes insurance premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... reassuring for members who have received an insurance benefit due to their illness or disability, it does mean that insurance rates have to be reviewed by our insurer to reflect this higher-than-expected uplift in claims paid out." The cancellation of ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
... (i) a cut in the interest rate on the deposit facility, (ii) adjustments to the forward guidance on the key ECB interest rates, (iii) the restart of net purchases under the asset purchase programme (APP), (iv) modifications to the modalities of the new ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... appreciated by as much as 2.4% since the RBA's October 1 rate cut as speculations that the Fed will reduce interest rates again at its October 29-30 FOMC meeting strengthened (with 93% probability) as against expectations that the RBA would remain ...

IOOF struck by outflows, former chair resigns

ELIZA BAVIN  |  FRIDAY, 25 OCT 2019
... positive inflows with the significant range of external pressured on advisers is an exceptional outcome. Client retention rates have been extremely pleasing with our advisers demonstrating the value they deliver to their clients," Mota said. Meanwhile ...

Magellan active ETFs retain Zenith ratings

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... as ASIC conducts a review into internal market making. Of the 203 ETFs available in Australia, Zenith Investment Partners rates 74 products. Only three of them have the highest rating of "highly recommended", 45 are "recommended" and 26 are "approved". ...

No room for policy mistakes

BENJAMIN ONG  |  TUESDAY, 22 OCT 2019
... merchandise trade to slow from 3.0% in 2018 to 1.2% this year, resulting in a deceleration in GDP growth (at market exchange rates) to 2.3% from 2.8% last year. But this isn't a game of who gets to spook the markets first rather it's that all ...