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Showing 381 - 390 of 997 results for "Cash Rate"

Chief economist update: Lock in two RBA rate cuts

BENJAMIN ONG  |  FRIDAY, 26 APR 2019
... lane shows that the country's inflation measures were virtually at these levels when the RBA last cut the official cash rate (from 1.75% to 1.50%) in August 2016. The June quarter CPI figures (available pre-RBA 2016 rate cut) were: headline at 1% ...

Chief economist update: AUD misdirection

BENJAMIN ONG  |  MONDAY, 15 APR 2019
... differentials don't explain this. Short-term interest rates remain as they were at the end of 2018 - the RBA's official cash rate is 1.5% and the Fed funds rate at 2.25%-2.5%. The status quo is also preserved with regards to interest expectations. ...

Banks, ASIC still at war over fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
... ASIC's RG256 over the calculation of refunded fees. RG256 guides institutions towards paying the Reserve Bank's minimum cash rate plus 6%, however Macquarie proposed using a proxy rate to reflect lost earnings, with either the higher of the Macquarie ...

Pinnacle boutique opens LIT offer

KANIKA SOOD  |  MONDAY, 11 MAR 2019
... spread across both investment grade and sub-investment grade corporate loans). It also has a lower return net target of cash rate plus 3.25% per annum and pays out distributions monthly.

Chief economist update: Cash rate should be 1%

BENJAMIN ONG  |  THURSDAY, 7 MAR 2019
The Australian economy has slowed - big time. The Australian Bureau of Statistics' (ABS) National Accounts report showed that GDP grew by a mere 0.2% in the December 2018 quarter from 0.3% in the previous three-month period, taking the annual growth ...

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
... (RBA) did nothing to monetary policy after the conclusion of its second board meeting this year. It kept the official cash rate at a record low, predicated on the same rationale it put forth at its February 2019 meeting. The RBA's move is understandable ...

Chief economist update: How would you vote if seated on the RBA board?

BENJAMIN ONG  |  TUESDAY, 5 MAR 2019
... expect the RBA to do nothing this month but expectations further out have changed from steady to a cut in the official cash rate, with the Australian central bank itself just recently changing its policy bias from tightening to neutral. Note, Westpac ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
... behind the Reserve Bank of New Zealand's (RBNZ) decision - as explained by Governor Adrian Orr - to keep the official cash rate unchanged at 1.75% after its February 13 monetary policy deliberations. That's A-OK. Financial markets were expecting ...

Future Fund delivers 5.8%

KANIKA SOOD  |  MONDAY, 11 FEB 2019
... $9.4 billion Medical Research Future Fund returned 1.4% in the year, reaching only halfway to the target return of RBA cash rate +1.5%. The Building Australia Fund and Education Investment Fund each stood at $3.8 billion. Both fell just under the benchmark ...

Chief economist update: The RBA capitulates

BENJAMIN ONG  |  THURSDAY, 7 FEB 2019
... Ahead" - yesterday, the RBA governor conceded that: "Looking forward, there are scenarios where the next move in the cash rate is up and other scenarios where it is down. Over the past year, the next-move-is-up scenarios were more likely than the next-move-is-down ...