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

Search Results

Showing 171 - 180 of 3585 results for "Central"

War on inflation: Australia vs New Zealand

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
... RBNZ delivered substantial monetary tightening, lifting interest rates 525 basis points in total, with Bloxham saying the central bank accepted that it would "tip the economy into a recession". "As it turns out, GDP fell in 2024, the unemployment rate ...

RBA 'not committed' to further rate cuts

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
... concluded the arguments for a cut were more weighted. However, despite deciding to deliver the interest rate relief, the central bank said it is not committed to embarking on a cutting cycle either. "... members agreed that their decision at this meeting ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... increase the availability of retirement products for retirees, as outlined in its Corporate Plan 2024-25," APRA said. Central to the potential changes is calculating the illiquidity premium in LPS 112 Capital Adequacy: Measurement of Capital. "This would ...

Perpetual profits dented after KKR deal goes up in smoke

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
... that its simplification program, which is aimed to deliver a "simplified, focused asset management business and leaner central functions," is now expected to deliver cost reductions of $70 million to $80 million, before tax, by FY27. The program has ...

Monetary policy not the only game in town: Brian Redican

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... El-Erian, who was chief executive of Harvard's endowment and PIMCO, published The Only Game in Town in 2016, presenting central banks as the key driver of the economic agenda. But now it's governments in the driver's seat, NSW Treasury Corporation chief ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
... ASIC co-regulates CS with the Reserve Bank of Australia (RBA), namely over the four CS facilities in the ASX group: two central counterparties - ASX Clear and ASX Clear (Futures) - and two securities settlement facilities - ASX Settlement and Austraclear. ...

Macquarie AM expands $300m active ETF platform

MATTHEW WAI  |  WEDNESDAY, 19 FEB 2025
... new ETFs provide access to "opportunities and designing strategies" in the space. "Against a backdrop of higher yields, central bank and regulatory changes, investors are increasingly seeking active managers to help navigate these market conditions and ...

RBA delivers 'cautious' cut, road ahead unclear

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
... when the next rate cut will be delivered. HSBC chief economist Paul Bloxham believes it will be quite some time until the central bank lowers the interest rate again. "We see the RBA now on hold for a few meetings. This should clear the airtime for the ...

Why the RBA should not cut rates

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... interest rate cuts. Tagg said he thinks the RBA could "afford to wait" before beginning the cutting cycle but added that the central bank is likely to deliver a cut before the federal election. "I think one of the things that will impact the decision ...

Shift needed in retirement income advice: Allianz Retire+

MATTHEW WAI  |  FRIDAY, 14 FEB 2025
... said retirement advice holds inherent "complexities and emotional challenges". "If advisers are to continue to play their central role in facilitating on optimal retirement income system, then their ability to evolve and develop retirement income strategies ...