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Showing 301 - 310 of 1003 results for "Cash rate"

Opportunities in fixed interest during crisis

ALLY SELBY  |  TUESDAY, 7 APR 2020
There is opportunity in fixed income, credit and major bank debt amid the COVID-19 crisis; you just have to look for it, according to Janus Henderson head of Australian fixed interest Jay Sivapalan. Despite the illiquidity of the bond market, Sivapalan ...

GDP to contract 10%: CBA

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
... increase on 12-month term deposits for personal customers to 1.7% per annum which is 1.45% above the RBA's official cash rate of 0.25%.

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... surprising move, banks are lifting some of their term deposit rates despite the Reserve Bank of Australia slashing the cash rate to an all-time low of 0.25% last week. It comes after Australia's biggest bank, the Commonwealth Bank, announced it would ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
... demand, cash management accounts have had a tough time over the last two years, as the central bank cut the official cash rate five times since January 2019. Earlier this month, Netwealth and HUB24 cut their cash rates to zero following the Reserve Bank's ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... 17-18 FOMC meeting (which was cancelled). In Australia, the RBA's rate cuts on March 3 and March 19 - the official cash rate is now at 0.25% -- as well as bond yield targeting and QE, are matched by the Morrison government's increased spending. ...

Platforms maintain cash rate on RBA cut

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... to be between $116-120 million. Netwealth joint managing director Matt Heine told Financial Standard maintaining the cash rate at 0% would ensure the platform remains competitive. "Netwealth made the decision not to reduce cash rates based on a range ...

Banks defer small business loan repayments

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... Australia's businesses. CBA responded within minutes to pass on the RBA's emergency rate cut yesterday, which saw the cash rate hit a new historic low of 0.25%. Financial regulators have also jumped on board to help struggling businesses with ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... ETFs... Central banks in Brazil, Taiwan, Indonesia, the Philippines in South Africa all cut rates." And at home: "RBA cut cash rate by 25 bp to 0.25% and announced a government bond buying program to anchor 3Y yield around 0.25%. Central bank established ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... March 16 saw the Reserve Bank of New Zealand deliver its own "emergency" rate cut - a 75 bps reduction in the official cash rate from 1.0% to 0.25%. Fiscal authorities have also been doing their bit. There was Trump's (see above) and China (previous ...

REITs resilient in face of virus: Principal

ELIZA BAVIN  |  FRIDAY, 13 MAR 2020
... and give high yields, particularly compared to Hong Kong and to some extent, the US." Yoong said the recent official cash rate cut by the Reserve Bank of Australia makes A-REIT yields even more attractive. "A-REITS now yield about 5% - a lot better than ...