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Showing 561 - 570 of 2741 results for "Reserve Bank"

Opportunities in fixed interest during crisis

ALLY SELBY  |  TUESDAY, 7 APR 2020
... interest Jay Sivapalan. Despite the illiquidity of the bond market, Sivapalan explains, the Australian government and Reserve Bank's fiscal measures are supporting the economy and providing investment opportunities. "Looking at markets, it has obviously ...

Not buy time yet: Lonsec

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... income universe has improved since central banks eased further, it is still changing day to day. In Australia, the Reserve Bank has promised to inject at least $2 billion over the next three for small-to-medium-enterprise borrowing. Meanwhile, Lonsec's ...

Chief economist update: Great Scott! Mighty Mo to the rescue

BENJAMIN ONG  |  TUESDAY, 31 MAR 2020
... fiscal stimulus so far is $214 billion, or more than 11 per cent of GDP... Combined with the $105 billion from the Reserve Bank and other fiscal measures the total stimulus tally is now $320 billion, equating to 16.4 per cent of GDP." Wait there's ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... director has 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. Finance professor Kevin Davis said the government's "early superannuation ...

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
In a somewhat surprising move, banks are lifting some of their term deposit rates despite the Reserve Bank of Australia slashing the cash rate to an all-time low of 0.25% last week. It comes after Australia's biggest bank, the Commonwealth Bank ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
A cash management account distributed by Colonial First State and issued by Bankwest is set to terminate effective June. The BWA Cash Management Account offered a variable rate of 0.40% per year, and acted as a central account for a usually advised ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
... from Factset: In as much as initial jobless claims provide a leading indicator of the unemployment rate, Federal Reserve Bank of St. Louis President James Bullard's prediction that the US unemployment rate could hit 30% in the second quarter appears ...

RBA expands stimulus measures to states

ELIZA BAVIN  |  THURSDAY, 26 MAR 2020
The Reserve Bank of Australia has injected around $2 billion into state bonds, as it expands its unconventional monetary policy measures. The move comes as a bid to revive the ability of the states, particularly New South Wales and Victoria, to borrow ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... director has 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 ...

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 ...