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Showing 151 - 160 of 2046 results for "RBA"

mFunds sparked ASX outage, $1m credit issued

KARREN VERGARA  |  FRIDAY, 24 JAN 2025
... of CHESS." "All options are being considered for ASIC's regulatory response to the incident. ASIC is engaging with the RBA and stakeholders on the impact of the incident and lessons for the future," an ASIC spokesperson said.

Netwealth, Praemium see inflows soar

ELIZA BAVIN  |  THURSDAY, 23 JAN 2025
... Wealth Accelerator, there will be a reduction in the interest rate paid on funds held in the cash transaction account from RBA cash rate target less up to 65 basis points. Meantime, Praemium reported quarterly net inflows of $371 million, up from $139 ...

RBA is 'overachieving' on inflation target: GSFM

MATTHEW WAI  |  WEDNESDAY, 22 JAN 2025
GSFM investment specialist Stephen Miller is predicting the RBA will deliver an interest rate cut in February. If it does occur, it will be the RBA's first rate cut since November 2020, and the first change in the official cash rate since November 2023. ...

MA Financial readies first LIT for launch

MATTHEW WAI  |  MONDAY, 20 JAN 2025
... access to the asset backed lending space across the world, with monthly distributions and a risk-adjusted target return of the RBA Cash Rate + 4.25% per annum over a rolling 12-month period (pre-tax, net of management fees and costs). Investors can benefit ...

Unemployment edges up despite jobs added

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
... points higher than March 2020." Despite the slight uptick in unemployment - something that the Reserve Bank of Australia (RBA) would want to see - VanEck portfolio manager Cameron McCormack said an RBA rate cut would still be a tight squeeze. "Today's ...

ANZ, Macquarie bring forward rate cut expectations

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... the bank was expecting core inflation to drop to 3.2%, down from 3.5%, in December. "We think this will be enough for the RBA to cut the cash rate by 25 basis points at its February meeting, rather than waiting until May," Boyton said. For the November ...

Australian economy on the up in 2025: Vanguard

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... Additionally, it predicts the core inflation rate will fall to 2.5% during 2025, and that the Reserve Bank of Australia's (RBA) cash rate will be lowered to 3.5% from the current 4.35% level by year end. Pointing to Wednesday's Consumer Price Index (CPI) ...

Monetary policy to underscore 2025 allocations

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
... the same concerns they had at the start of 2024, with interest rates and inflation to dominate once again. Last November, RBA governor Michele Bullock indicated the central bank views its settings as restrictive and intends to keep rates that way for ...

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
... months to November 2024, but trimmed mean inflation came in at 3.2% - still tracking above the Reserve Bank of Australia's (RBA) target range of 2-3%. Speaking at a press conference after the inflation figures were released, Treasurer Jim Chalmers put ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
... higher than CPI inflation as it removed large price falls for electricity and automotive fuel." The Reserve Bank of Australia (RBA) has said inflation needs to be "sustainably within the 2-3% target range". VanEck head of investments Russel Chesler said ...