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Showing 521 - 530 of 2158 results for "Reserve Bank of Australia"

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... proposed an alternative solution to soften the blow of COVID-19, one reliant on borrowing funds from the Reserve Bank of Australia rather than superannuation funds. It comes as the industry responds to Prime Minister Scott Morrison's proposal to ...

Platforms maintain cash rate on RBA cut

ALLY SELBY  |  FRIDAY, 20 MAR 2020
Netwealth and HUB24 have kept interest rates on cash accounts at 0%, following the Reserve Bank of Australia's rate cut of 25bps on Thursday. Both platforms confirmed the decision to maintain rates at 0%. "Nothing has changed since last week for ...

Former ANZ Wealth investment chief exits

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2020
... Australia at UBS Global Asset Management and is a former head of economic activity and forecasting at the Reserve Bank of Australia, having served 10 years at the central bank. The job cuts were revealed last week when the FSU said ANZ leadership had ...

REITs resilient in face of virus: Principal

ELIZA BAVIN  |  FRIDAY, 13 MAR 2020
... compared to Hong Kong and to some extent, the US." Yoong said the recent official cash rate cut by the Reserve Bank of Australia makes A-REIT yields even more attractive. "A-REITS now yield about 5% - a lot better than the less than one per cent yield ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... office closures... generally, a general lockdown. Monetary and fiscal authorities have responded: The Reserve Bank of Australia (RBA) has cut interest rates by 25 bps earlier this month, taking the official cash rate to a new record low of 0.5% and is ...

Take pride in super: Rice Warner

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
... costs from the current 2.7% of GDP to something closer to the OECF average of 8%." The firm pointed to a Reserve Bank of Australia research paper authored by RBA deputy secretary Ellis Connolly, which indicates SG "adds significantly" to savings, adding ...

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG  |  FRIDAY, 6 MAR 2020
... mere mortals, of a concerted response. Several central banks have already cut interest rates led by the Reserve Bank of Australia and underscored by the US Federal Reserve's inter-meeting 50 basis point rate reduction, quickly followed by the Bank ...

EQT bolsters board

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
... board as a non-executive director. Schwartz is currently a non-executive director on the boards of the Reserve Bank of Australia, Qualitas Property Partners and the Trawalla Group, the last of which, she founded herself. Along with her family, Schwartz ...

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
... assertive concrete actions, financial markets hoped the "magnificent seven" would undertake. However, the Reserve Bank of Australia (RBA) and the US Federal Reserve's (Fed) decision to cut interest rates on the same day suggests that a coordinated ...

RBA expected to cut again; maybe even tomorrow

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... cut rates by 25bps tomorrow, and the market should price in the chance of a 50bps easing. "Since the Reserve Bank of Australia last met in early February, there have been three significant developments," Ord Minnett said. "First, the distribution of ...