Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 899 results for "Cash Rate"

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... unemployment, stimulatory fiscal policy, and government wages policy which is adding to inflation. "The RBA hiked the cash rate in November by 25 basis points to 4.35% as widely expected," the report said. "Our expectation of the RBA's reaction function ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
The Reserve Bank of Australia (RBA) hiked the cash rate to 4.35% as it continues to grapple with subduing inflation. RBA governor Michele Bullock yesterday pushed up the base rate by another 25 basis points, saying that while inflation in Australia ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... As recently as yesterday, RBA governor Michele Bullock made it clear that the board "will not hesitate" to raise the cash rate further if there's a material upward revision to the outlook for inflation. Subsequently, Miller argues that not only is a ...

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
... inflows will show up'," she said. "In a world today where all investors have to think about liquidity more so as the cash rate is so much higher and real rates are the highest we've seen in a very long time, that becomes even more important for ...

RBA's multi-channel approach curbs inflation

ANDREW MCKEAN  |  THURSDAY, 12 OCT 2023
... Australia (RBA) assistant governor Christopher Kent has punctuated that beyond the cash-flow channel, where a rise in the cash rate leads to higher interest payments for those with debt, there exists other avenues through which monetary policy influences ...

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
... access to global private credit and will target a total net return equivalent to the Reserve Bank of Australia (RBA) cash rate plus 8%. It follows a $200 million commitment from Washington H. Soul Pattinson as part of a joint venture with the fund manager ...

Bullock keeps cash rate at 4.10%

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
The Reserve Bank of Australia (RBA) governor Michele Bullock has left the cash rate at 4.10% for the month of October. Announcing the latest monetary policy decision whilst taking the helm for the first time, Bullock left the door open for potential ...

Coolabah Capital launches new active ETP

ANDREW MCKEAN  |  WEDNESDAY, 27 SEP 2023
... Income Fund (FRNS) aims to offer daily liquidity returns that exceed a benchmark of the Reserve Bank of Australia (RBA) cash rate plus 1.5% to 3% per annum, after fees. The fund also seeks to maintain an average A credit rating and focuses on low interest ...

Wheelhouse repositions global equity fund

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2023
... now known as the Wheelhouse Global Fund. Its benchmark has changed from the MSCI World ex Australia Index to the RBA cash rate +2.5%. Its internal return target of over 8% per annum over a rolling 5-year period (net of fees and expenses and before tax) ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
The Reserve Bank of Australia (RBA) has decided to leave interest rates unchanged at 4.1%, however, it flagged that inflation remains too high. During governor Philip Lowe's last monetary policy meeting, the RBA said its reason for holding rates ...