Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 342 results for "official cash rate"

Chief economist update: The RBA's lullaby

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2020
... its August 4 meeting, the board of the Australian central bank kept monetary policy settings unchanged - the official cash rate at a historic low of 0.25% and the target yield on three-year Australian government bonds at 25 basis points. In so doing ...

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... (2.0%-3.0%), GDP growth (1.4% in Q1 2020) from potential (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 ...

Private equity weathers COVID-19 crisis: Research

ALLY SELBY  |  THURSDAY, 9 JUL 2020
... fund returns, she said, as yields on Australian government bonds sit between 0.5-0.9% per annum, while the official cash rate is at 0.25%. "This shows that there is an increased pressure on the superannuation industry both in terms of liquidity but also ...

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

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2020
... Australia (RBA) also lowered interest rates - it cut three times in 2019 (June, July and October) taking the official cash rate to a fresh record low of 0.75% and was expected to cut rates by at least another 25 bps in 2020. The Morrison government's ...

Chief economist update: What to expect when you're expecting

BENJAMIN ONG  |  TUESDAY, 2 JUN 2020
... Philip Lowe and his board will keep Australia's monetary policy settings unchanged - the targets for the official cash rate at 0.25% and the yield on three-year Australian government bonds of around 25 basis points. While it's still early days ...

HUB24 net inflows up 72%

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
... HUB24 said. Revenue will also be negatively impacted by the Reserve Bank of Australia's reduction in the official cash rate. As previously reported by Financial Standard, HUB24 chose not to pass this on to its members, with rates on cash accounts ...

Macquarie cash offering soars

ALLY SELBY  |  FRIDAY, 17 APR 2020
... 1.2% following the Reserve Bank of Australia's interest rate reduction. "Given the historical lows of the official cash rate, we think it's never been more important for advisers to actively manage their client's cash portfolios to achieve ...

GDP to contract 10%: CBA

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
... increase on 12-month term deposits for personal customers to 1.7% per annum which is 1.45% above the RBA's official cash rate of 0.25%.

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... unprecedented times, and they call for unprecedented measures," he said. "Following today's reduction in the official cash rate by 25bps we are taking deliberate steps to further support parts of the economy most in need." Lifting the term deposit ...

Cash management account to shutter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
... demand, cash management accounts have had a tough time over the last two years, as the central bank cut the official cash rate five times since January 2019. Earlier this month, Netwealth and HUB24 cut their cash rates to zero following the Reserve Bank's ...