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Showing 41 - 50 of 193 results for "Lower interest rates"

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
... This is perfectly rational: Monetary policy operates with a lag - it takes about 12 to 15 months for higher/lower interest rates to flow through into the general economy; the RBA exudes optimism with its statement "the Australian economy appears to have ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... biggest source of domestic uncertainty. But given the recent weakening trend in household spending (despite lower interest rates and the government tax rebates), it's no longer an uncertainty but a sure thing... and this take the Australian economy ...

ANZ profits hit by remediation, low rates

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
... "So we've seen some of the global trade tensions - that has had an impact. We're seen this trend of much lower interest rates everywhere in the world and now including here in Australia - that has an impact on bank profitability." Investment spending ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... rates anymore. There was that phrase in the October 1 meeting minutes stating that the stimulatory effects of lower interest rates on borrowing "may not be operating in the same way as in the past, and that the negative effect of low interest rates on ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... Australia's (RBA) October 1 Board meeting first hinted on this, stating that the stimulatory effects of lower interest rates on borrowing "may not be operating in the same way as in the past, and that the negative effect of low interest rates on ...

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... economy has been through a very soft patch over the past year but it is actually gradually improving. The lower interest rates are working," he said.

RBA blames lack of demand in property downturn

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
... investors. "One issue that we are closely monitoring is the extent to which households choose to take advantage of lower interest rates to pay down their mortgages faster. This would be evident in an increase in loan approvals that is not accompanied ...

No one reads the PDS: ASIC

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... customers whose term deposits had expired into new term deposits. The 'new' term deposits had significantly lower interest rates than available alternatives - for example, at-call accounts." Disclosure requirements, the report concluded, are viewed by ...

Chief economist update: Negative bang for RBA, government's buck

BENJAMIN ONG  |  THURSDAY, 10 OCT 2019
... zero (0) in September from 1 in the previous month - below the long-run average of 6. Clearly, lower and lower interest rates are having very limited effect on sentiment, spending and borrowing, justifying RBA governor's Lowe call on his fiscal counterparts ...

Chief economist update: Zero here we go

BENJAMIN ONG  |  WEDNESDAY, 2 OCT 2019
... bridge. The road ahead is what matters more. As RBA Governor Lowe explained, "The Board took the decision to lower interest rates further today to support employment and income growth and to provide greater confidence that inflation will be consistent ...