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Showing 481 - 490 of 2020 results for "RBA"

Chief economist update: Still the best and better than all the rest

BENJAMIN ONG  |  THURSDAY, 25 JUN 2020
... -8.4% (double-hit) for the US. But it's not luck, it's the Federal Government and the Reserve Bank of Australia's (RBA) early and pro-active intervention policies. The coronavirus pandemic has freed the Morrison government - or any government ...

Challenger raising $300m, to add IG bonds

KANIKA SOOD  |  MONDAY, 22 JUN 2020
... investments," Challenger managing director and chief executive Richard Howes said. "This is well above our pre-tax ROE target of the RBA cash rate plus a margin of 14%. Importantly, we can capture these opportunities, while maintaining our current defensive ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 19 JUN 2020
... full-time and 520,900 part-time. It would have been much worse had it not been for the JobKeeper and JobSeeker initiatives. The RBA forecast the unemployment rate to reach 10% in June before settling at 9% by end-2020. The latest OECD (June report) was ...

UBS Australia launches new CBRE fund

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... 45% in real estate. The fees are 1.2% per year in base fee and a performance fee of 20% on the performance above a hurdle of RBA cash rate plus 5% after fees. The fund will be priced daily but have monthly application/redemption windows. At the moment ...

BlackRock drops fees on bond ETFs

KANIKA SOOD  |  FRIDAY, 5 JUN 2020
... corporate bond market after excluding issuance from the big four banks. IYLD is targeting 0.75% to 1% yield margin over the RBA cash rate and will charge 12bps per year as fees. The second launch, iShares Core Corporate Bond ETF (ICOR), invests in Bloomberg ...

Chief economist update: Australian recession - the next generation

BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
... (-5.3%), Italy (-5.3), Japan (-0.9%), the UK (-2.0) and China (-9.8%). This justifies the Reserve Bank of Australia's (RBA) positive outlook for the domestic economy. "...it is possible that the depth of the downturn will be less than earlier expected. ...

Economic outlook not as bad as predicted: RBA

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... extent of the economic downturn, as a result of the impacts of COVID-19, is not as dire as expected. At the June meeting, the RBA board decided to maintain the current policy settings, keeping the cash rate at the record low of 0.25%. "The global economy ...

Chief economist update: What to expect when you're expecting

BENJAMIN ONG  |  TUESDAY, 2 JUN 2020
The Reserve Bank of Australia's (RBA) policy decision - to be announced this afternoon - will only confirm what everyone already is expecting. RBA Governor Philip Lowe and his board will keep Australia's monetary policy settings unchanged - ...

BlackRock iShares launches two ETFs

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
... corporate bond market after excluding issuance from the big four banks. IYLD is targeting 0.75% to 1% yield margin over the RBA cash rate and will charge 12bps per year as fees. The second launch, iShares Core Corporate Bond ETF (ICOR), invests in Bloomberg ...

Red tape to slow recovery: Lowe

ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
... the RBA's contribution to dealing with the pandemic, we announced a comprehensive package in mid-March." Lowe said the RBA's goal is to support the economy by keeping funding costs low and credit available, especially to small and medium-sized businesses. ...