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Showing 341 - 350 of 998 results for "Cash rate"

Chief economist update: US recession on the cards

BENJAMIN ONG  |  THURSDAY, 3 OCT 2019
... October 1 when the Reserve Bank of Australia (RBA) cut interest rates for a third time this year - taking the official cash rate down to a record low of 0.75% (with markets expecting another one before 2019 is over - that practically drove investors ...

Chief economist update: Zero here we go

BENJAMIN ONG  |  WEDNESDAY, 2 OCT 2019
... the Reserve Bank of Australia (RBA) adhered to this age-old proverb. But alas, by insisting on keeping the official cash rate at 1.5% for longer (from August 2016 to May 2019) than the dictates of global and domestic macro-economic fundamentals, it finds ...

MLC funds tone down return expectations

KANIKA SOOD  |  WEDNESDAY, 2 OCT 2019
MLC has informed investors that it expects lower returns for some of its funds, in light of "unusually low cash rates" and is cutting fees. MLC wholesale inflation plus portfolios are offered in three profiles: assertive, moderate and conservative. ...

Chief economist update: RBA cuts official cash rate to 0.75%

BENJAMIN ONG  |  WEDNESDAY, 25 SEP 2019
This will be the headline flashing on your screens at around 230 in the afternoon of Tuesday, October 1, after the Reserve Bank of Australia (RBA) concludes its scheduled board meeting. In his address to the Armidale Business Chamber, RBA governor Philip ...

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
Sub-one percent official cash rate here we come! The Australian dollar's near half a cent drop to US$67.84 on the day immediately following the US Federal Reserve's announced a 25 bp cut in the fed funds rate underscores financial markets' ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... is in tandem with the Reserve Bank of Australia's (RBA) series of interest rate reductions that took the official cash rate from a high of 7.25% in 2008 to 3% by May 2009. It worked! Australia was spared from the recession our peers had and that ...

Foresight launches new wholesale fund

ELIZABETH MCARTHUR  |  TUESDAY, 10 SEP 2019
... the Climate Bonds Initiative and verified by the Carbon Trust. Foresight said the fund's target is 4-4.5% over the RBA cash rate. This is Foresight's first wholesale fund in Australia. The fund will provide Australian wholesale investors with access ...

Time to reset member return expectations?

HARRISON WORLEY  |  FRIDAY, 6 SEP 2019
... negative coupons by several European countries. Meanwhile, global debt sits at 225% of GDP at USD$184 trillion and the RBA cash rate is at a record low of 1%. According to Rice Warner, it all adds up to a "massive global economic experiment" and a murky ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... strengthen household spending going forward. I for investment. Reduced borrowing costs for businesses (lower official cash rate) could encourage increased capital expenditure - evident in the 14.9% increase in capex intentions for 2019/20 in estimate ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
As widely expected, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.0% at its September meeting. Operative phrase: "as widely expected". You, I and Irene can wax pedantic about some changes in RBA governor Philip Lowe's ...