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

Search Results

Showing 251 - 260 of 342 results for "official cash rate"

Market Wrap - Morning

AAP  |  FRIDAY, 11 SEP 2009
... The New Zealand sharemarket held its gains from early trade after Reserve Bank Governor Alan Bollard left the official cash rate (OCR) unchanged. The benchmark NZSX-50 index added 10.27 points, or 0.33 per cent, to 3126.68.

Not bullish enough, maybe

BENJAMIN ONG  |  MONDAY, 31 AUG 2009
... October. The National Australia Bank (NAB) last week voiced out what many fear, predicting two lifts in the official cash rate - 25 basis points each time - before the year 2009 is over. This would take the RBA's benchmark rate up from 3.0 per cent to ...

Market Wrap - Morning

AAP  |  FRIDAY, 31 JUL 2009
... $NZ97.63 million ($A77.94 million). Investors paused to take stock on a day the New Zealand central bank left the official cash rate unaltered, leaving the local sharemarket little changed.

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 JUL 2009
... Tuesday, the Australian share market closed weaker. The Reserve Bank of Australia's (RBA) decision to leave the official cash rate unchanged had been expected and had little effect on the equities market. The benchmark S&P/ASX200 index settled 16.8 points ...

Good news in inaction

BENJAMIN ONG  |  TUESDAY, 9 JUN 2009
... with the optimism that sent equity and commodity markets soaring over the past three months? The RBA kept the official cash rate unchanged at 3 per cent last week - the second straight month of inaction. And why not? Australia could brag of having the ...

They will, they won't

BENJAMIN ONG  |  TUESDAY, 5 MAY 2009
... Australia (RBA) holds its regular monthly Board meeting. Will they, won't they? The RBA lowered the country's official cash rate to an even 3 per cent last month. This represented a total reduction of 425 basis points since September 2008 when cash was ...

Market Wrap - Morning

AAP  |  FRIDAY, 1 MAY 2009
... to 15,520.99. WELLINGTON - The New Zealand sharemarket leapt as the Reserve Bank of New Zealand lowered the official cash rate 50 basis points to 2.5 per cent. The central bank said rates would remain at or below that level until the latter part of 2010. ...

Pocketing the change

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2009
... slogans, 'Bankers, rhyme with ?' Yesterday's decision by the Reserve Bank of Australia (RBA) to reduce the official cash rate by 25 basis points was just right - small enough not to alarm markets that the domestic economy is in bigger trouble than it ...

Market wrap - morning

AAP  |  FRIDAY, 13 MAR 2009
... New Zealand share market ended little changed on a day with a lot of news. A smaller than expected cut in the official cash rate to 3 per cent from 3.5 per cent moved the currency market but not the share market. A maintained dividend and prediction ...

Bad news is good news

BENJAMIN ONG  |  MONDAY, 9 FEB 2009
... cent, 2.5 per cent and 1 per cent, respectively. The Reserve Bank of Australia slashed even more. Taking the official cash rate down to 3.25 per cent from 4.25 per cent. In addition, the Australian Federal Government has announced an A$42 billion stimulus ...