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Showing 521 - 530 of 4736 results for "Reserve"

Experts weigh in on Brookfield bid for Origin

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2022
Super funds and other shareholders could be in a position for a second time this year to approve a proposal to privatise an electricity provider, as Brookfield and MidOcean Energy bid to take over Origin Energy. Brookfield and MidOcean, an LNG company ...

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... pressure) as well as US upstream price pressure slowing will also serve the nation, he believes. Finally, Oliver said the Reserve Bank of Australia has opted to move into the slow lane, keeping the economy on an even keel. "After an initial run of rapid ...

AFA posts $273,135 operational loss

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
The Association of Financial Advisers (AFA) has reported an operating loss of $273,135, an improvement of $94,655 from last year's result, as it gears up for the vote on its proposed merger with the Financial Planning Association of Australia (FPA). ...

Federal Reserve raises rates 0.75%

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
The US Federal Reserve has raised its policy interest rate by 75 basis points, flagging ongoing increases will be necessary to bring inflation down to target. Following the central bank's decision, the federal funds rate benchmark sits between 3.75% ...

Interest rates will jump to slay "the evil of inflation": Lowe

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
At the Reserve Bank of Australia (RBA) board dinner, governor Phillip Lowe expressed that interest rates will need to go higher to bring inflation back to target. After a seventh straight rate rise, whereby the bank lifted the interest rate to 2.85% ...

Australian housing slump marches on

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... around likely reflects the de facto tightening that started with rising fixed mortgage rates a year ago, the speed of Reserve Bank of Australia (RBA) cash rate hikes and heightened household sensitivity to rising interest rates flowing from much higher ...

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... US recession is about 75%, possibly impacting several macroeconomic indicators. To bring down inflation, the US Federal Reserve must increase interest rates until inflation subsides, or economic growth flattens, Saxena estimated. "Given the Federal Reserve's ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
Reserve Bank of Australia (RBA) commentary sometimes infers that Australia's inflation circumstances are different or less challenging than elsewhere in the developed country complex, but GSFM investment strategist Stephen Miller believes that any "difference" ...

Government enshrines new rule for Aussie Bitcoin owners

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... government agency, which continues to be taxed as a foreign currency. As previously reported by Financial Standard, the Reserve Bank of Australia (RBA) has been exploring whether there's a role for a central bank digital currency (CBDC) in Australia. ...

Challenger launches new alternatives fund

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... volatility, and asset classes such as equities, fixed income, currencies, and commodities. The fund is benchmarked against the Reserve Bank of Australia (RBA) cash rate total return index and uses a combination of risk premia and cash strategies to provide ...