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Showing 471 - 480 of 2020 results for "RBA"

New 'cash plus' style sovereign bond fund

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... It has returned 3.97% since then after fee. Three month returns at July end stood at 1.35%. "The fund has no natural index (RBA plus 2.5%), in technical terms we've removed the beta allocation to make a more absolute return style, lower volatility offering ...

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... feared. Similarly, while the labour market outcomes have been poor, they have not been as bad as expected." Looking forward, the RBA governor said there is a high degree of uncertainty about the outlook and Australia's economic recovery depends upon ...

Chief economist update: Escape from Victoria

BENJAMIN ONG  |  FRIDAY, 7 AUG 2020
... allotted to its war against the coronavirus pandemic, which was originally estimated at A$130 billion. The government (and the RBA) could only do so much, the rest is up to us, Australian all, to do the right thing in terms of preventing/slowing contagion ...

Chief economist update: The RBA's lullaby

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2020
The Reserve Bank of Australia (RBA) delivered what every rational individual expected it to. At the conclusion of its August 4 meeting, the board of the Australian central bank kept monetary policy settings unchanged - the official cash rate at a historic ...

Chief economist update: Could COVID-19 dissenters be correct?

BENJAMIN ONG  |  TUESDAY, 4 AUG 2020
... Australian: Victoria lockdown to slash GDP and risk state's AAA credit rating The Sydney Morning Herald: Victorian lockdown make RBA decision tougher It could get worse, for as news.com.au reports: "NSW on 'precipice' of growing outbreak" ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... neutral cash rate (1.25%), the nominal official cash rate should now be at around minus 0.05%. The Reserve Bank of Australia (RBA) has already stressed that it won't go negative but as US Federal Reserve chair Jerome Powell reiterated overnight ...

No such thing as a free lunch: Lowe

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... not directly provide funding. Giving his annual address to the Anika Foundation, Lowe stressed that while the subject of the RBA using its balance sheet to create money for the federal government comes up a lot, it is not an option the bank will ever ...

Pendal winds back fees

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
... deposits with financial institutions. Since inception, it has returned 2.16% per annum after fees compared to its benchmark RBA cash rate's 1.52% annualised. So far this year, Schroders, Mirae and State Street have made fee cuts to their local funds. ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
... meeting but said it is standing ready to scale-up its bond buying purchases again to ensure bond markets remain functional. The RBA board decided to maintain the current policy settings, including the targets for the cash rate and the yield on three-year ...

Chief economist update: The All Ords' ups, downs and ups

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2020
... from 2.4%. What could be better for the Australian equity market? What's better was that the Reserve Bank of Australia (RBA) also lowered interest rates - it cut three times in 2019 (June, July and October) taking the official cash rate to a fresh ...