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Showing 261 - 270 of 4732 results for "Reserve"

Commonwealth Bank finally relents on interest rate call

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
... February 2025 as the most appropriate time to commence cutting rates." Betashares chief economic David Bassanese agreed the Reserve Bank of Australia (RBA) would likely cut rates early in 2025, following the first release of CPI data in January. "All ...

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... This is the lowest annual inflation rate since the March 2021 quarter." However, despite inflation falling within the Reserve Bank of Australia's (RBA) target range of 2-3%, VanEck portfolio manager Cameron McCormack said a white Christmas in Australia ...

SMSF Association announces board director changes

MATTHEW WAI  |  WEDNESDAY, 30 OCT 2024
... Hay-Bartlem said. "With over 25 years of board-level experience including roles on the Future Fund Board of Guardians and the Reserve Bank of Australia payments system board, her leadership has been invaluable. "We are grateful for her lasting impact ...

Operational risk reserve targets trimmed for larger funds

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... superannuation funds. At present, all superannuation funds are expected to keep a minimum of 0.25% of funds under management in reserve, to draw on in the event of an operational risk event. However, APRA said it is aware of funds not drawing on their ...

IMF issues stark inflation warning for Australia

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
... vulnerable should be maintained." The Australian Bureau of Statistics will release September monthly CPI data next week. The Reserve Bank of Australia has said it will be looking closely at the monthly CPI read to determine its next move on interest ...

US better positioned to deliver strong returns: UniSuper

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
... backwards. By contrast, the US economy is doing well with a strong economy, inflation under control, and the US Federal Reserve cutting interest rates. Signs, Pearce said, are classic ingredients to sustain a market rally. "I'd describe the US as ...

Australian equities rise, but global markets preferred: Morningstar

ANDREW MCKEAN  |  MONDAY, 21 OCT 2024
... recovery in September," Morningstar said. Meanwhile, in the US, the Nasdaq and S&P 500 gained ground after the Federal Reserve's decision to cut interest rates last month. Mega-cap stocks rebounded after having exhibited weaker performance in previous ...

CBA's conviction on December rate cut has 'dipped'

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
... Gareth Aird conceded the stronger than expected unemployment data released yesterday does not strengthen the case for the Reserve Bank of Australia (RBA) to start cutting interest rates. Additionally, Aird said that despite the strong jobs data, the ...

Market has priced in 'too many' rate cuts

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
Investors are betting on several interest rate cuts from the US Federal Reserve before the year comes to a close. T. Rowe Price head of investment grade and portfolio manager in the fixed income division Steve Boothe said the market is pricing in several ...

FCX granted 'historic' market licence by ASIC, RBA

ANDREW MCKEAN  |  TUESDAY, 8 OCT 2024
... been granted a "first-of-its-kind" Australian Market Licence and Clearing Settlement Facility Licence by ASIC and the Reserve Bank of Australia (RBA). The licences enable the FCX Market to trade securities in private and unlisted public companies and ...