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Showing 321 - 330 of 997 results for "Cash Rate"

Chief economist update: Stock rally heralds 2020 cheer

BENJAMIN ONG  |  THURSDAY, 19 DEC 2019
... but it promised to act (if it becomes necessary). Even our very own Reserve Bank of Australia (RBA) cut the official cash rate three time this year - in June, July and October - to a fresh record low of 0.75%. Whether or not these policy decisions are ...

Chief economist update: Businesses remain unmoved by low rates

BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
... - a month after the Reserve Bank of Australia (RBA) announced it third rate cut (in October) that took the official cash rate to a record low 0.75%; and the government tax rebates implemented in July. Five years earlier, then RBA governor Glenn Stevens ...

CBA chief tasked with rebuilding banking

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... customers in the cold," Frydenberg said. The RBA has passed three interest rate cuts so far this year, with the current cash rate sitting at 0.75%. Most banks have refused to pass these interest rate cuts on in full.

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
The Reserve Bank of Australia (RBA) disappointed no one when it kept the official cash rate unchanged at a record low 0.75% after the conclusion of its December 3 meeting. This is perfectly rational: Monetary policy operates with a lag - it takes about ...

Global firm cuts fund fees

HARRISON WORLEY  |  TUESDAY, 3 DEC 2019
... Australian market. Legg Mason managing director Andy Sowerby said the current position and predicted direction of the cash rate gave the fund a "powerful" opportunity. "This Fund has the dual aims of maximising income while preserving capital and achieves ...

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
... getting in trouble now. Not only are Australian households not lifting their spending despite the drop in the official cash rate to a record low 0.75% but it's looking a lot like businesses aren't too. The Australian Bureau of Statistics' ...

Industry's Best of the Best celebrated

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... wealth by identifying and profiting from market anomalies, and noted its consistent outperformance of the Reserve Bank cash rate. Speaking to Financial Standard after the event, FS Power50 member and Evalesco financial adviser Marshall Brentnall said ...

Chief economist update: As low as Lowe will go

BENJAMIN ONG  |  WEDNESDAY, 27 NOV 2019
... Business Economists' conference last night, RBA Governor Lowe couldn't be more explicit on how low the official cash rate could go: "Our current thinking is that QE becomes an option to be considered at a cash rate of 0.25 per cent, but not before ...

J.P. Morgan predicts extended income squeeze

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... did not speculate specifically on Australian interest rates, but said that the income squeeze would continue as the cash rate heads towards zero. However, on the bright side, Australia is not looking as bad as the rest of the world. "Australia's better ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... that the RBA's relatively optimistic projections come with a footnote - (a) the technical assumptions "include the cash rate moving in line with market pricing". Markets are currently pricing another rate cut by February 2020 or as early as December ...