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Showing 351 - 360 of 998 results for "Cash Rate"

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... private borrowing and therefore, lift interest rates - doesn't apply to the current environment" where the official cash rate is heading to zero. Australian total private new capex fell by 0.5% in the second quarter following a 1.3% decline in the ...

IOOF advice remediation hits $235m

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... estimated client loss for inappropriate advice, interest for time value of money at ASIC's directed rate of RBA cash rate + 6% and committed costs to resource the compensation program," IOOF said. Chief executive Renato Mota said aligned dealer group ...

Boutique launches new fund

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... Yield Fund, which launched on August 1, aims to provide investors with a return of 4% per annum above the RBA official cash rate. The fund typically allocates to cash, fixed income-type securities, and trusts investing in direct property or mortgages ...

Sean Fenton back with Sage Capital

KANIKA SOOD  |  WEDNESDAY, 21 AUG 2019
... stocks." Another new addition above Tribeca is the CC Sage Capital Absolute Return Fund, which is benchmarked to the cash rate and has the ability to go up to 200% long or short with a net long or short of 15%. Raising capital The boutique is partnering ...

Plato to raise $200 million

KRISTI CHENG  |  THURSDAY, 15 AUG 2019
Plato Investment Management has announced a $200 million entitlement offer for its fund, Plato Income Maximiser (PL8). In response to increasing investor demand for dividend payments as a replacement for their cash and fixed interest income, Plato will ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... dollar's competitiveness and mitigate the headwinds from a slowing global economy... even if it means taking the official cash rate to zero.

Chief economist update: Race to the bottom redux

BENJAMIN ONG  |  THURSDAY, 8 AUG 2019
... three cut interest rates, all three policy decisions a surprise. The Reserve Bank of New Zealand (RBNZ) cut the official cash rate by 50 bps to a new record low of 1% at its August meeting. This is bigger than market expectations for a 25 bps reduction ...

Chief economist update: RBA heading to zero

BENJAMIN ONG  |  WEDNESDAY, 7 AUG 2019
... all these uncertainties together (and Murphy's Law and Trump), it wouldn't be surprising to see the official cash rate at or near zero per cent next year. A bit extreme perhaps, but this time last year no one expected the Fed to cut interest ...

Private equity fund raising $300m

KANIKA SOOD  |  WEDNESDAY, 31 JUL 2019
A Sydney-based fund is raising $300 million from instos, family offices and retail investors to further its investments in private equity, renewable energy and real estate. Federation Asset Management chair Greg Bundy, who was previously Merrill Lynch ...

RBA in no rush to lift cash rate

KANIKA SOOD  |  FRIDAY, 26 JUL 2019
Investors should brace for the 1% cash rate environment to continue, after Reserve Bank of Australia governor Philip Lowe turned the spotlight to the stubborn inflation rates at a Sydney lunch yesterday. Speaking at Anika Foundation Luncheon, Lowe said ...