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Showing 191 - 200 of 1003 results for "Cash rate"

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
... consumer confidence levels dropped after the RBA raised interest rates for the fourth straight month, increasing the cash rate by 0.5% to 1.85%. ANZ head of Australian Economics David Plank commented: "Consumer confidence declined 4.5% last week, to ...

RBA lifts cash rate to 1.85%

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
The Reserve Bank of Australia (RBA) has chosen to increase the cash rate by 50 basis points to 1.85%, consequently, this is now a fourth consecutive monthly rate rise. The RBA's decision comes as it continues its attempt to return inflation to its 2-3% ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... once said Australia's inflation was transitory. Barclays expects the RBA to hike aggressively until the official cash rate reaches 2%. After the cash rate reaches this minimum 2% floor, Barclays forecasts that the bar for further increases will be ...

RBA raises interest rates again

ANDREW MCKEAN  |  WEDNESDAY, 6 JUL 2022
The Reserve Bank of Australia (RBA) has increased the cash rate by 50 basis points, ramping up its efforts to quash runaway inflation. RBA governor Phillip Lowe stayed the course with his assessment that while the Australian economy remained resilient ...

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN  |  WEDNESDAY, 22 JUN 2022
... higher cost in terms of lower levels of economic activity and employment. Though the board did add that raising the cash rate by 50 basis points at the next meeting could help mitigate this risk. "For those jobs with wage changes, the average size of ...

Stagflation: What should we expect?

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
... that the market is saying they're going to go to." "The market is currently pricing in the Reserve Bank to take the cash rate to 4% by June next year. That's at least 50 basis points higher than what a natural break is and one and a half percentage ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
The Reserve Bank of Australia (RBA) has decided to increase the cash rate target by 50 basis points to 85 basis points. The central bank also raised the interest rate on exchange settlement balances by 50 basis points to 75 basis points. At its meeting ...

Reserve Bank tipped to hike rates again

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
... anticipate the central bank to jack up cash rates. A Finder survey has said that 86% of its expert panelists believe the cash rate will change tomorrow and 28% say there will be at least two more cash rate increases before the year's end. Bendigo ...

Boutique takes over Mason Stevens fund

JAMIE WILLIAMSON  |  FRIDAY, 3 JUN 2022
... now pay management fees and costs of 0.77% per annum, down from 0.94%. The fund aims to beat its benchmark, the RBA Cash Rate, by 2.5% after fees and expenses. As at April 30, it has returned 4.98% per annum since its 2013 inception and 2.96% over three ...

Relax rate expectations: Franklin Templeton

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
... said it remains of the view that the Reserve Bank of Australia (RBA) should take a measured approach to raising the cash rate and likely end up with a high for the cycle of around 1.5%. Franklin Templeton Fixed Income director Andrew Canobi said: "It ...