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Showing 1621 - 1630 of 4006 results for "Cut"

Drop in regulator staff numbers under coalition

MARK SMITH  |  MONDAY, 2 MAY 2016
... Morris that ASIC is reluctant to use its powers against large businesses. It also highlighted how the Coalition government has cut the financial regulator's funding even though ASIC chairman Greg Medcraft has specifically called for additional resources ...

Potential budget super alterations welcome

DARREN SNYDER  |  MONDAY, 2 MAY 2016
On the eve of Treasurer Scott Morrison's first budget there is further support to rein in superannuation tax concessions for the wealthy, provided that proceeds fund better retirements for women and lower income earners. Industry Super Australia is ...

Down, down prices are down

BENJAMIN ONG  |  THURSDAY, 28 APR 2016
... depreciation from the previous day's close of US$0.7749 after yesterday's CPI report increased the probability that the RBA would cut the official cash rate (currently at 2.0%) at its 3 May Board meeting from 14% to 50%. Sharp price drops in automotive ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 22 APR 2016
... 6.75% following its 20-21 April meeting, as expected. The April decision follows the Indonesian central bank's 25 basis point cut in interest rates each in January, February and March. According to the central bank's press release, "The decision is consistent ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 21 APR 2016
... left prices flat overall would see the drag on the Index from this component ease." WBC maintained its call for no RBA rate cut in 2016. US existing home sales Sales of pre-loved homes in the US increased by a higher than expected 5.1% to an annualised ...

ASIC user-pay model "eminently sensible": SEC veteran

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Adopting the industry funding model for ASIC will result in a much more efficient and less politically-motivated regulator, according to former assistant director of the division of enforcement at the US Securities and Exchange Commission Jordan Thomas. ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 19 APR 2016
... quarter where the headline inflation rate had been below 1.0% and provides added scope for the New Zealand central bank to again cut interest rates. The RBNZ last reduced the official cash rate by 25 bps on the 10th of March to a record low 2.25%. The ...

No more tears?

BENJAMIN ONG  |  MONDAY, 18 APR 2016
... percent for the end of 2017, both 1/2 percentage point below the December medians." Yes Virginia, those virtual 50 basis point cut in the fed funds rate this year and the next became music to financial market ears. The fear of a hard landing in China's ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 15 APR 2016
... sub-components improved over the month. The latest labour market stats should ease pressure on the Korean central bank to cut interest rates. It has kept monetary policy on hold since June 2015 when it announced a 25 basis point reduction that took interest ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 5 APR 2016
Australian retail sales Retail spending showed no change in the month of February. This is lower than market expectations for a 0.4% lift, marking the third month in a row of disappointing retail sales - up 0.3% in January versus expectations for a ...