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Cash rate more likely to fall than rise: PIMCO

JAMES FERNYHOUGH  |  FRIDAY, 28 NOV 2014
... Australia Robert Mead. While Mead said the most likely scenario in 2015 is that rates will stay where they are at 2.5%, the next most likely scenario is a cut in rates, with rate hikes "nowhere on the agenda." "The ability for [the RBA] to cut rates ...

APRA's IT infrastructure strains

ALEX DUNNIN  |  FRIDAY, 28 NOV 2014
... changes to APRA's data storage infrastructure. When this stage is completed, APRA expects to be in a position to determine the next steps and timeframes for subsequent stages of this work, taking into account APRA's overall priorities and available funding," ...

Sliding oil price would stop the slide in the oil price

BENJAMIN ONG  |  FRIDAY, 28 NOV 2014
... doing in recent months: the main Brent oil benchmark is now at a four-year low." Where oil prices go between now and the next OPEC meet in June next year is anybody's guess. All things being equal and remaining as they are - i.e. US oil shale supply ...

Don't rule out another rate cut: AllianceBernstein

MARK SMITH  |  WEDNESDAY, 26 NOV 2014
... process is being held up by global forces. That puts the onus back on some more monetary easing. "The big surprise of the next 12 to 18 months could be that the RBA cuts rates again. I don't think many Australian investors have that on their radar."

Elixir Consulting partners with Evolve Leadership

STAFF WRITER  |  WEDNESDAY, 26 NOV 2014
... Evolve Leadership Group to provide further business strategy consulting to clients who want to take their business to the next level. Elixir has been providing coaching and consulting services to businesses in the financial services industry for over ...

Murray takes aim at industry culture

JAMES FERNYHOUGH  |  TUESDAY, 25 NOV 2014
... relation to the culture of financial institutions. Murray is expected to deliver the FSI final report to the government over the next few days, though a date has yet to be announced for its publication.

Market Wrap AM

AAP  |  TUESDAY, 25 NOV 2014
... economic calendar was quiet on Monday, but sentiment was lifted by data showing a rise in German business confidence. The next two days will include third-quarter US economic growth, the Conference Board's index of consumer confidence and several other ...

Folkestone to increase holding in REIT

LAURA MILLAN  |  MONDAY, 24 NOV 2014
... the Folkestone Education Trust, Australia's largest real estate investment trust. "Folkestone is well positioned for its next stage of growth and this $42 million of new capital will facilitate Folkestone increasing its strategic holding in the Folkestone ...

Equip-AustSuper partnership draws interest

JAMES FERNYHOUGH  |  MONDAY, 24 NOV 2014
... it's essentially uncharted territory. However, he also predicted that there would be much more merging activity over the next year or so. "We've got growth aspirations - 15 by 15 is our mantra. We want to be $15 billion by the year 2015." Currently the ...

Market Wrap AM

AAP  |  MONDAY, 24 NOV 2014
... some inroads against the US dollar and euro after hitting multiyear lows, but with eyes on the general election expected next month in Japan, analysts expect it to resume its downtrend. Tokyo reversed early losses on Friday to end 0.33 per cent higher ...