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Showing 261 - 270 of 1003 results for "Cash rate"

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
The Reserve Bank of Australia (RBA) has announced another rate cut, bringing the cash rate down to 0.10% for the first time in history. Not only that, but RBA governor Philip Lowe announced a ramp up of quantitative easing measures, bringing in a new ...

The rate that stops the nation

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... betting on a rate cut by the Reserve Bank of Australia's board today to a new historical low of 0.10%. Finder's RBA cash rate survey found 67% of economists believe the central bank will cut rates today as it continues to fight the economic effects of ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... within the 2 to 3% target range. To do this, Lowe reiterated the central bank's forward guidance not to increase "the cash rate for at least three years" and that "we have been considering what more we can do to support jobs, incomes and businesses ...

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... of its October 6 meeting. It may have disappointed financial markets' expectations for a lowering of the official cash rate from a record low 0.25% to 0.1%, and its three-year bond target and Term Funding Facility (TFF) to below 0.25%, but the Morrison ...

Chief economist update: Australia's third arrow

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2020
... tidings. October 6 is RBA meeting day, the day financial markets expect the Australian central bank to lower the official cash rate from a record low 0.25% to 0.1%, and its three-year bond target and Term Funding Facility (TFF) to below 0.25%. October ...

Chief economist update: October rate cut?

BENJAMIN ONG  |  THURSDAY, 24 SEP 2020
... a speech yesterday the deputy governor of the Reserve Bank gave a fairly clear hint that the board is set to cut the cash rate and other key policy rates at its October board meeting..." "The theme is likely to be, as we saw in March, a Team Australia ...

Chief economist update: RBA increases and extends TFF

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2020
The Reserve Bank of Australia (RBA) kept domestic interest rates unchanged - the targets for the official cash rate at 0.25% and the yield on 3-year Australian Government bonds at 25 basis points - at its September meeting, as expected. What came as ...

Dividends ripe for the picking

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
... so-called safe assets, such as cash, bonds and term deposits simply won't be able to pay the bills and we expect the cash rate to remain close to zero for at least the next two years." While investors relying on dividend income have traditionally looked ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... since the March 2016 quarter - one of the factors that prompted the Reserve Bank of Australia (RBA) to cut the official cash rate from 2.0% to 1.75% in April and then again to 1.5% in August of the same year. Eighteen months on -- the time back in August ...

HUB24 reports record results

ALLY SELBY  |  TUESDAY, 25 AUG 2020
... cash balances on the platform (which resulted in higher cash account income). This cushioned the impact of the RBA's cash rate cuts during the second half of the year, HUB24 said. Its underlying NPAT was impacted by several one-off items, HUB24 said ...