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Showing 581 - 590 of 5907 results for "Rates"

Australia vulnerable to further shocks: RBA

CASSANDRA BALDINI  |  MONDAY, 9 OCT 2023
... leaves them in a favourable position in the event of disruptions in international funding market conditions. "Higher interest rates affect the balance sheets and cash flows of Australian banks in a range of ways, but the direct impacts are being prudently ...

Bullock keeps cash rate at 4.10%

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
... the 2-3% target range in late 2025," she said. Head of Deloitte Access Economics Pradeep Philip said the decision to hold rates is the correct one as businesses and households breathe a collective sigh of relief in a slowing economy. Philip pointed to ...

ASIC fines fintech for misrepresenting crypto product

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
... returned in AUD. The regulator said to market the product, the Bobbob website featured an infographic comparing the interest rates available to customers through the investment product to those offered by various banks. ASIC explained that in this time ...

Licensees shun remediation obligations: ASIC

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... financial position they would have been in had the misconduct not occurred. ASIC found that some licensees had pre-determined rates for specific products or scenarios. "It was not always clear that these were subject to adequate review and controls to ...

VanEck to launch three fixed income ETFs

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
... provide dependable income. "Investors can position their portfolios using our new ETFs to minimise the impact of rising rates by shortening bond duration and vice versa." He added that year-to-date Australian fixed income exchange traded products (ETPs) ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
The Bank of England's (BoE) Monetary Policy Committee has voted five to four to hold the policy rate steady at 5.25%, while unanimously agreeing to reduce the stock of UK government bond purchases by £100 billion over the next year. In halting a run ...

Don't believe inflation hype, says Pendal

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
... different now. "Central banks today have a very explicit inflation fighting objective - they are not going to suddenly drop rates because inflation is coming down like they did in the 70s," he said. "They will choose to err on the side of caution. That ...

No bubble risk in Sydney housing market: UBS

CHLOE WALKER  |  THURSDAY, 21 SEP 2023
... overvalued. Across the board, UBS said, house price growth has suffered due to rising financing costs as average mortgage rates have roughly tripled since 2021 in most markets. "In some cities, however, the seeds for the next property price boom have ...

Responsible investment AUM drops: RIAA

RACHEL ALEMBAKIS  |  MONDAY, 18 SEP 2023
... which circumstances and what it is that they're trying to achieve," Herd said. "The strong similarities between response rates on integration and corporate engagement and stewardship feels like a relationship between the two, not just one but both."

ECB raises rates to record high of 4%

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
Overnight, the European Central Bank (ECB) raised interest rates by a further 25 basis points to a historical peak of 4%, saying inflation is simply still too high. The governing council remains determined in its efforts to drag inflation back down ...