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Showing 491 - 500 of 998 results for "Cash Rate"

ABA denies precedent for matching RBA cash rates

ALEX BURKE  |  FRIDAY, 5 AUG 2016
... Bankers' Association has rejected calls from Parliament to justify its interest rate pricing based on the Reserve Bank's cash rate. Following the RBA cutting the cash rate to 1.75%, Prime Minister Malcolm Turnbull told media that "the commercial banks ...

New income fund launches

DARREN SNYDER  |  THURSDAY, 21 JUL 2016
... launching its second multi-strategy fund in Australia with the intention of delivering annual income of 4% above the RBA cash rate. Aligning with the idea that investors want their money to work hard and be protected in all market conditions, Aviva Investors ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2016
RBA on hold As widely expected, the Reserve Bank of Australia (RBA) left the official cash rate unchanged at a record low 1.75% following its 5 July meeting. The RBA statement revealed that the Australian central bank sees continued growth in the global ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 JUL 2016
... private sector credit provides a first look at the impact of the Reserve Bank of Australia's (RBA) cut in the official cash rate from 2.0% to 1.75% on the 3rd of May. Total private sector increased by 0.4% in the month of May, down slightly from April's ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 23 JUN 2016
... at its 5 July meeting - "barring the outside chance of 'Brexit' risks coming to pass" - before cutting the official cash rate by 25 bps at its 2 August meeting after the CPI report - out on 27 July - confirms that inflation remains below target. US house ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 16 JUN 2016
... confidence fell by 6.9% in June 2015, reversing the 6.4% jump in May that was prompted by the RBA's reduction in the official cash rate from 2.25% to 2.0% that month. The same thing happened in February last year. Consumer confidence jumped by 8.0% in ...

Sentiment recovers but cash still king

MARK SMITH  |  THURSDAY, 9 JUN 2016
... and perceived lack of viable alternatives are the overriding factors behind the high holdings, however a fall in the cash rate would make cash less attractive for more than half (56.9%) of respondents and three in 10 (29.6%) intend to reduce the cash ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2016
... (RBA) kept domestic monetary policy settings steady at its 7 June Board meeting, announcing no change in the official cash rate which the central bank cut to a record low 1.75% at its 3 May meeting. "Taking account of the available information, and having ...

Government bonds no longer a safe bet

KERRIE SYDEE  |  THURSDAY, 19 MAY 2016
Once considered a safe bet for portfolio diversification, Australian government bonds are no longer delivering value, according to Simon Stevenson, head of strategy, multi-asset at Schroder Investment Management Australia. Speaking as part of an asset ...

Investors looking to alternatives amid low cash rate

KERRIE SYDEE  |  THURSDAY, 19 MAY 2016
Investors should be looking to alternative asset classes if they wish to escape the volatility of cash and domestic equities, according to specialist fixed income asset manager Global Credit Investments (GCI). Poor yields, low cash rates and volatile ...