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Showing 481 - 490 of 4300 results for "Bank of"

Federal Reserve bumps interest rate by 0.75%

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
... peaking at 4.50-4.75% in Q1 23." Providing an outlook for Australia, McCormack added that VanEck anticipates the Reserve Bank of Australia will raise rates by 0.25% at each of its next three meetings, expecting a cash rate of 3.10% in December.

Consultation opens on crypto regulation bill

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... requiring that its facilitators which are predominantly Chinese state-owned banks, disclose data to APRA and the Reserve Bank of Australia (RBA) on its use in Australia. In a speech to the Blockchain Association Forum Summit, Bragg explained: "The bill ...

Susan Buckley to leave QIC

ELIZABETH FRY  |  FRIDAY, 16 SEP 2022
... Investments and economist at National Australia Bank. For her part, Morris has been with QIC for 20 years, joining from the Bank of England where she worked as an economist. Before that, in 1997, she was an economist at the Queensland Treasury. This ...

ACCC approves Dye & Durham, Link deal

JAMIE WILLIAMSON  |  FRIDAY, 9 SEP 2022
... divestiture undertaking, would be unlikely to substantially lessen competition." The deal has also been approved by the Central Bank of Ireland but is awaiting approvals from the Foreign Investment Review Board, the UK Financial Conduct Authority ("FCA") ...

Montgomery, Aura Group launch new income fund

CHLOE WALKER  |  THURSDAY, 8 SEP 2022
... through exposure to a pool of Australian private debt assets including asset backed SME loans. The fund tracks the Reserve Bank of Australia cash rate and aims to return 3.5%-5.5% above it, net of fees and costs. Currently, the cash rate is 2.35%, equating ...

Challenger offers new fixed term annuity

CASSANDRA BALDINI  |  THURSDAY, 8 SEP 2022
... guarantee. "It reflects Challenger's 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 ...

ASIC concerns see 18 funds update advertising materials

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2022
... warnings and in advertisements without sufficiently prominent warnings. It has also committed to no longer using the Reserve Bank of Australia cash rate as a benchmark after ASIC said it appeared inconsistent with the fund's assets and strategy. The ...

RBA signals further interest rate rises

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
Reserve Bank of Australia (RBA) governor Phillip Lowe has said the board will do what's necessary to ensure inflation in Australia returns to target. At its meeting yesterday, the board increased the cash rate target by 50 basis points to 2.35%. "The ...

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
According to Finder's RBA Cash Rate survey, 97% of economists and experts have forecast that the Reserve Bank of Australia (RBA) will increase the cash rate today. The survey found that almost two-thirds of respondents predicted a rise of 50 basis ...

Nuveen appoints head of debt

CHLOE WALKER  |  FRIDAY, 26 AUG 2022
... head of real estate at Crédit Agricole Corporate and Investment Bank Australia. Prior to this, he worked at the Royal Bank of Scotland as director for structured real estate finance and as a real estate banking and finance Lawyer in Sydney, London ...