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Showing 511 - 520 of 3587 results for "Central"

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... Reserve Bank of Australia (RBA) has decided to increase the cash rate target by 50 basis points to 85 basis points. The central bank also raised the interest rate on exchange settlement balances by 50 basis points to 75 basis points. At its meeting today ...

LGIAsuper to become Brighter Super

JAMIE WILLIAMSON  |  MONDAY, 6 JUN 2022
... extensive consultation with the funds' members via focus groups as well as employees; feedback which LGIAsuper said is "central to the birth of Brighter Super and its bold new look". The name change will be effective July 1 for LGIAsuper members ...

Reserve Bank tipped to hike rates again

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
... Economists have had their say about tomorrow's Reserve Bank of Australia (RBA) decision, the vast majority anticipate the central bank to jack up cash rates. A Finder survey has said that 86% of its expert panelists believe the cash rate will change ...

Relax rate expectations: Franklin Templeton

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
... said that changes in monetary policy work with lags that will show up over coming months and quarters. "The difficulty is central banks must respond to the here and now, and Australia's annual headline CPI of 5.1% cannot be dismissed easily," he said. ...

US Fed indicates several more half-percentage rate rises

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... over the longer run." Also, in an unusual step, Federal Reserve chair Jerome Powell directly also addressed the US on the central banks plan to tame inflation in a post-meeting news conference. GSFM investment strategist Stephen Miller said Powell's ...

Mitsui, Nomura to acquire New Forests

CHLOE WALKER  |  MONDAY, 23 MAY 2022
... they share New Forests' commitment to sustainability and vision to see investment in sustainable land use for forestry as central to the transition to a sustainable future. Mitsui's managing officer and chief operating officer, performance materials ...

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
... Christopher Kent explained that the decision to now cease the purchases under the program came down to three criteria. Most central banks had already concluded pandemic purchase programs, the Australian bond market had budding pressure points and the ...

Risk asset volatility guaranteed: Western Asset

ANDREW MCKEAN  |  FRIDAY, 20 MAY 2022
Geopolitical developments and central bank tightening have made risk asset volatility a surety this year, according to Franklin Templeton's specialised investment managers Western Asset. However, Western Asset has said that despite geopolitical turbulence ...

Industry pans early release superannuation policy

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... showed that the early release of superannuation for housing deposits was fundamentally inconsistent with the objective and central principles of superannuation. Moreover, it claimed that such measures would be ineffective in improving housing affordability ...

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
... Nikolaj Schmidt has called for calm. "The current inflation surge rests on a few moving pieces but is mostly cyclical and central banks have the ability and willingness to address the problem at hand," Schmidt said. "Contrary to some reports, we are ...