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Showing 441 - 450 of 2020 results for "RBA"

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... rock..." - Chubby Checker, Limbo Rock Australian equities and bond markets applauded after the Reserve Bank of Australia (RBA) didn't disappoint expectations, showing just how low it can go. The All Ordinaries index jumped by 1.9% following the RBA's ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
The Reserve Bank of Australia (RBA) has announced another rate cut, bringing the cash rate down to 0.10% for the first time in history. Not only that, but RBA governor Philip Lowe announced a ramp up of quantitative easing measures, bringing in a new ...

Aberdeen drops fees on fixed income fund

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... assets such as equities, and while the running yield has fallen, the potential for capital gains remains - particularly as the RBA embarks upon an expanded asset purchase program." Jollie said Aberdeen hasn't made any other changes but continues ...

Life insurers recognised for innovation

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
... Award for its Liquid Lifetime Annuity. The ASX-listed firm also won the Innovation Long Term Product Award (Liquid Lifetime RBA cash-linked option) and Client and Adviser Technical Support Award. The Longevity Product (Investment Linked) Award went to ...

The rate that stops the nation

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... economists are betting on a rate cut by the Reserve Bank of Australia's board today to a new historical low of 0.10%. Finder's RBA cash rate survey found 67% of economists believe the central bank will cut rates today as it continues to fight the economic ...

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
... company ConsenSys Software will develop a proof-of-concept (POC) for a tokenised form of CBDC for wholesale market participants. RBA assistant governor Michele Bullock said the project aims to explore the implications of a CBDC for efficiency and innovation ...

Fiscal policy spurs investor confidence: Citi

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... fiscal stimulus and the expectation of further monetary stimulus in both Australia and New Zealand." "During his speech, the RBA governor clearly outlined his willingness to do more with monetary policy and we have seen a significant market reaction ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... unemployment rate to climb to 7.1% -- heading to the 7.25% forecasts in the 2020-21 Budget. Not good enough and not if the RBA could help it. Speaking at Citi's 12th Annual Australia and New Zealand Investment Conference, RBA Governor Philip Lowe ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... outcome in the coming months if Australians ensure they keep spending and investing, according to Reserve Bank of Australia (RBA) governor Philip Lowe. Lowe said the nation's recovery will depend on how willing people and businesses are to draw on the ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... COVID-19 outbreak" have seen/should see restrictions and border closures reverse allowing shops to re-open and customers to shop. RBA money. The prospect of even cheaper loans adds money into the pockets of businesses, homeowners and consumers. Underlying ...