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Showing 391 - 400 of 1003 results for "Cash rate"

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 ...

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... statement, explaining the rationale behind the Australian central bank's record 30th month to keep the official cash rate unchanged at a record low 1.5% after the conclusion of its first board meeting for 2019. While Lowe acknowledged that "the central ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... first monthly monetary policy meeting for 2019 tomorrow. Market expectations and odds are they'll keep the official cash rate unchanged at a record low 1.5%. And they will! The $64 million question is what the RBA will do next. According to Westpac ...

Morningstar distribution executive joins fund manager

JAMIE WILLIAMSON  |  FRIDAY, 1 FEB 2019
... The fund is modelled on Milford's Active Growth Fund and targets a return of 5% above the Reserve Bank of Australia cash rate with an unconstrained approach. The fund is managed by Sydney-based chief investment officer and head of Australian investments ...

Labour and housing drive rate sentiment

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
As the Reserve Bank of Australia holds the cash rate at 1.5%, economic conversations are moving from a rise to a cut. AMP Capital chief economist Shane Oliver earlier this month said the RBA could cut to 1% by the end of 2019, with the first rate cut ...