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Showing 531 - 540 of 2741 results for "Reserve Bank"

Christian Super appoints new chief investment officer

ELIZABETH MCARTHUR  |  TUESDAY, 4 AUG 2020
... of investment strategy Australia at UBS Global Asset Manager. Between 1987 and 1997 Rider was an economist at the Reserve Bank of Australia. "Mark Rider's appointment as Christian Super's new CIO is a significant milestone for the fund," Christian ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... (2.75%) and the neutral cash rate (1.25%), the nominal official cash rate should now be at around minus 0.05%. The Reserve Bank of Australia (RBA) has already stressed that it won't go negative but as US Federal Reserve chair Jerome Powell reiterated ...

No such thing as a free lunch: Lowe

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
Reserve Bank of Australia governor Philip Lowe has said the government will likely need to borrow more money, but warned the central bank will not directly provide funding. Giving his annual address to the Anika Foundation, Lowe stressed that while ...

Pendal winds back fees

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
Pendal Group has made year-long fee cuts on two funds, as it sees the Reserve Bank of Australia holding the cash rate at the record-low of 0.25%. The Pendal Managed Cash Fund will go from charging 22bps per year to 12bps, while the Pendal Stable Cash ...

Chief economist update: We're all Victorians now

BENJAMIN ONG  |  FRIDAY, 10 JUL 2020
... retail spending in response to the decline in infections and the easing of restrictions in most of the country." Reserve Bank of Australia governor Philip Lowe issued this statement at the conclusion of the central bank's Board meeting on 7 July. ...

RBA prepares to scale up bond buying

ELIZA BAVIN  |  WEDNESDAY, 8 JUL 2020
The Reserve Bank of Australia kept interest rates steady at its July meeting but said it is standing ready to scale-up its bond buying purchases again to ensure bond markets remain functional. The RBA board decided to maintain the current policy settings ...

New private debt fund

KANIKA SOOD  |  MONDAY, 6 JUL 2020
... with the minimum investment size set at $1000. The Metrics Direct Income Fund is targeting 3.25% per year above the Reserve Bank of Australia cash rate, with monthly income. The new fund, which has a minimum investment size of $1000, will act as a wholesale ...

Chief economist update: The All Ords' ups, downs and ups

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2020
... of 2.5% in 2020 from 2.4%. What could be better for the Australian equity market? What's better was that the Reserve Bank of Australia (RBA) also lowered interest rates - it cut three times in 2019 (June, July and October) taking the official cash ...

Chief economist update: Premature easing will cost more lives, more rupiahs

BENJAMIN ONG  |  FRIDAY, 26 JUN 2020
... this up with Rupiah 20 lakh crore (trillion) -- USD 260 billion - equivalent to 10% of Indian GDP, on May 12. The Reserve Bank of India (RBI) also went to work, cutting its benchmark repo rate and the reverse repo rate by 75 bps each to 4.4% and 4.15% ...

Chief economist update: Still the best and better than all the rest

BENJAMIN ONG  |  THURSDAY, 25 JUN 2020
... -7.3% (single-hit) and -8.4% (double-hit) for the US. But it's not luck, it's the Federal Government and the Reserve Bank of Australia's (RBA) early and pro-active intervention policies. The coronavirus pandemic has freed the Morrison government ...