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Showing 21 - 30 of 342 results for "official cash rate"

Challenger launches new alternatives fund

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... reflects Challenger's ability to offer competitive rate annuities, in an environment where the RBA is raising the official cash rate. For many retirees and savers, this offer could be attractive, particularly when compared to other defensive assets." ...

RBA lifts rates, lifts markets

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
... point love tap to the chin rather than the expected 50 basis point haymaker to the side of the head, taking the official cash rate to 2.6%." Resultantly the ASX 200 rocketed up 3.75%, the biggest stock market rally in two years. However, Rundell said ...

Challenger offers new fixed term annuity

CASSANDRA BALDINI  |  THURSDAY, 8 SEP 2022
... ability to offer competitive rate annuities, in an environment where the Reserve Bank of Australia is raising the official cash rate," he explained. "For many retirees and savers, this offer could be attractive, particularly when compared to other defensive ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... once said Australia's inflation was transitory. Barclays expects the RBA to hike aggressively until the official cash rate reaches 2%. After the cash rate reaches this minimum 2% floor, Barclays forecasts that the bar for further increases will be ...

Chief economist: Is this a buy op?

BENJAMIN ONG  |  FRIDAY, 25 FEB 2022
... the Reserve Bank of Australia (RBA) by much more than expected. Financial markets expect the RBA to lift the official cash rate by as much as 100 basis points this year, starting as early as May. Australia could ride the wave of higher commodity prices ...

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
... first increase in interest rates since June 2014 was quickly followed with another 25 bp increase in the RBNZ's official cash rate to 0.75% at the conclusion of its 24 November meet, explaining that, "Global supply-chain disruptions are causing both ...

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
... reasons. The Reserve Bank of New Zealand (RBNZ) started proceedings at its 6 October meeting when it doubled the official cash rate from 0.25% to 0.5% -- the first rate hike since June 2014 - in order to "maintain low inflation and support maximum sustainable ...

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
... June quarter (the lowest level since the September quarter of 2018. New Zealand's central bank raised the official cash rate to 0.5% from 0.25% following its October 6 board meeting, sending the Kiwi stock market down. The NZ Cap 50 index has declined ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
The Reserve Bank of New Zealand (RBNZ) kept the official cash rate unchanged at 0.25%, maintained the existing LSAP programme, and retained the existing Funding for Lending Programme (FLP) conditions at its 26 May Board meeting. Same old, same old. ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
... underscore both the Reserve Bank of Australia's prescience and governor Philip Lowe's expectation that the official cash rate will remain low until at least 2024. According to the ABS: "Annual inflation for the March 2021 quarter increased to ...