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Showing 4021 - 4030 of 14212 results for "Interest"

The impact of COVID-19 on emerging markets

ALLY SELBY  |  TUESDAY, 24 MAR 2020
Emerging markets, which in recent times had made somewhat of a comeback, are now cowering in the shadow of the rapidly spreading coronavirus. As the world falls into a recession, COVID-19 will have a disproportionate impact on emerging markets, with ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... Instead, he suggests the government should allow Australians to borrow against their superannuation savings with zero interest rates, allowing them to repay their super funds when their income returns to "normal". These repayments could be made through ...

Recovery expected in 2021: IMF

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
... she said. "We welcome the moves of major central banks to ease monetary policy. These bold efforts are not only in the interest of each country, but of the global economy as a whole. Even more will be needed, especially on the fiscal front." Georgieva ...

Former ANZ adviser banned

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
ASIC has banned a Western Australia-based adviser from providing financial services for four years. The regulator said it had been surveilling Anthony Hilsley's activities when he was an authorised representative of RI Advice Group, owned at that time ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... credit markets, plans for two lending facilities to support corporate markets." These after a 150 basis point cut in interest rates before its scheduled 17-18 FOMC meeting (which was cancelled). In Australia, the RBA's rate cuts on March 3 and March ...

Bond fund spreads widen

KANIKA SOOD  |  MONDAY, 23 MAR 2020
Investors looking to redeem their fixed interest allocations face deep buy/sell spreads, as poor liquidity forces funds to push them up significantly during COVID-19 volatility. Franklin Templeton, PIMCO, Ardea and Kapstream are some of the managers ...

AMP director retires

ALLY SELBY  |  MONDAY, 23 MAR 2020
AMP has announced the retirement of another director, as the beleaguered financial services powerhouse continues to shake-up its board as part of a three-year transformational strategy. Andrew Harmos will retire from AMP on May 8 to dedicate his time ...

SMSFs expected to outperform: Research

ELIZA BAVIN  |  MONDAY, 23 MAR 2020
... returns of the average SMSF when compared to a retail or not-for-profit fund, so perhaps it also damaged their appeal." Interest in SMSFs has lowered, experiencing a 75% drop from their peak, the research showed. A decade ago there were a net 40,000 ...

Hamish Douglass remains confident amid COVID-19 crisis

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... opportunity ahead of us," he said at the roadshow. "We are in a complex world at the moment, steering through this very low interest rate world is difficult, and at the very moment we're facing the threat of coronavirus. "It's very easy to get ...

Perpetual exits MySuper

JAMIE WILLIAMSON  |  FRIDAY, 20 MAR 2020
... Perpetual Superannuation, as trustee of Perpetual MySuper, told members it was assessing whether an SFT was in the best interest of members. That announcement came on the back of poor performance, with Rainmaker analysis of APRA data showing contributions ...