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Showing 351 - 360 of 1003 results for "Cash rate"

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 ...

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 ...