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Showing 501 - 510 of 1003 results for "Cash rate"

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 ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 12 MAY 2016
... mainly a result of the Reserve Bank of Australia's (RBA) announcement of a 25 basis point reduction in the official cash rate to a record low 1.75% on the 3rd of May. The Westpac-MI survey was conducted in the week from 2 may to 7 May. All components ...

RBA envy

BENJAMIN ONG  |  MONDAY, 9 MAY 2016
... (RBA) surprise (well, to about half of the central bank's watchers at least) 25 basis point reduction in the official cash rate to a record low 1.75% on the 3rd of May following the "shock" domestic inflation numbers for the March quarter. Not only this ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 6 MAY 2016
... outlook on the economy and that we're it not for the "shocking" inflation report, it wouldn't have cut the official cash rate down to a record low 1.75% two days ago. The country's trade deficit narrowed to A$2.16 billion in March, down 29% from February's ...

Down, down prices are down

BENJAMIN ONG  |  THURSDAY, 28 APR 2016
... day's close of US$0.7749 after yesterday's CPI report increased the probability that the RBA would cut the official cash rate (currently at 2.0%) at its 3 May Board meeting from 14% to 50%. Sharp price drops in automotive fuel (down 10.0%) and fruit ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 20 APR 2016
... complicate progress in activity rebalancing towards the non-mining sectors of the economy." Expectations that the official cash rate would remain unchanged - because "Members judged that there were reasonable prospects for continued growth in the economy ...