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Showing 361 - 370 of 1003 results for "Cash rate"

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 ...

Government reduces deeming rates

KARREN VERGARA  |  MONDAY, 15 JUL 2019
... first round of rate cuts from 1.5% to 1.25%. It immediately followed with another cut in July, slashing the official cash rate to 1%. The Council on the Ageing chief executive Ian Yates said reductions in the cash rate have impacted the interest paid ...

Chief economist update: A case for optimism

BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
... structures, equipment and more importantly, staff that'll lead to higher unemployment, consumer pessimism... Zero official cash rate here we come. However, note that monetary policy operates with a lag. In Australia, it takes about 12-18 months changes ...

Aussie HNWIs slip down global rankings

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
... recent times, giving cause for quiet optimism. "With property markets now seemingly to have bottomed, a reduction in the cash rate, relaxation on APRA lending affordability guidelines, investor friendly government policy reassured and tax incentives ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... reason for optimism and justifies the central bank's follow-up rate 25 bps rate cut in July, that took the official cash rate to a new all-time low of 1.0%. NAB's 'Key Messages from the Survey' says it all: "Overall, the survey results ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... because rising Fed rate cut expectations have nullified its back-to-back 25 bps reduction (June and July) in the official cash rate to a record low 1%. Consequently, instead of depreciating, the A$/US exchange rate strengthened from US$0.6928 (a day ...