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Showing 41 - 50 of 162 results for %22Rate City%22

Chief economist update: It's Christmas time in the city

BENJAMIN ONG  |  MONDAY, 9 DEC 2019
... and October employment numbers, bringing the three-month average growth in jobs to 205,000 (up by 29,000). The unemployment rate dropped back to a 50-year low of 3.5% from 3.6% in November. Optimistic consumers who have jobs will spend. While the annual ...

Sydney portfolio manager on best female fundies list

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
The Sydney-based portfolio manager of an Aussie equities fund has earned a spot on Citywire's list of the top 30 female fund managers across the globe. Kate Howitt, the manager for Fidelity Australian Opportunities Fund since 2012, came in at 27th ...

Why the RBA has reason to cut rates in 2019

BENJAMIN ONG  |  WEDNESDAY, 9 JAN 2019
... context. US Federal Reserve has hinted that it will be more dovish with regards to monetary policy from gradual and gentle rate hikes to using "...all of its tools to support the economy should that be appropriate to keep the expansion on track". Meanwhile ...

Chief economist update: Aussie property market drop becoming self-fulfilling

BENJAMIN ONG  |  TUESDAY, 11 DEC 2018
... landing... some risk of a hard landing remains." The Paris-based global forum recommends the Reserve Bank begin raising the cash rate from its record low as soon as possible to prevent "imbalances accumulating further". "Australia's housing market ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
... than up? In early June this year, I put forth a thesis that long stretches of steady interest rates have been followed by a rate reduction... despite a prior "statements" of optimism from the RBA on each and every occasion. Fast forward to 6 December ...

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
... with sustainable growth in the economy and achieving the inflation target over time." The RBA kept the official interest rate unchanged at 1.5% that time - as it had in each of its previous monthly meetings since it dropped them by 25 basis points way ...

Chief economist update: As safe as Australian houses?

BENJAMIN ONG  |  THURSDAY, 8 NOV 2018
... the previous quarter. More up-to-date figures show home values continue to cheapen. CoreLogic RP Data's '5 capital city aggregate' home value index for all dwellings - houses and units - declined by 4.9% in the year to October, led by 7.4% ...

Chief economist update: Keep one eye open on the housing market

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
... the Australian central bank at the conclusion of its board meeting. The RBA did not disappoint. It kept the official cash rate unchanged at the record low 1.5% - where it had been for 27 months (and counting) - as well as making only minor tweaks to ...

Rethink property investment: Poll

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
... vacancy rates due to off-the-plan properties. According to the RiskWise chief executive Doron Peleg, unit oversupply in inner city Brisbane was characterised by lower valuation and more settlement defaults. "The issue of oversupply is not a new problem ...

SMSFs overlooking off-the-plan property risks

KARREN VERGARA  |  FRIDAY, 20 JUL 2018
... have driven lower property values and high vacancy rates with Brisbane being a prime example. The unit oversupply in inner city Brisbane is characterised by lower valuation and more settlement defaults, RiskWise chief executive Doron Peleg said. "The ...