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Showing 591 - 600 of 2020 results for "RBA"

Time to reset member return expectations?

HARRISON WORLEY  |  FRIDAY, 6 SEP 2019
... with negative coupons by several European countries. Meanwhile, global debt sits at 225% of GDP at USD$184 trillion and the RBA cash rate is at a record low of 1%. According to Rice Warner, it all adds up to a "massive global economic experiment" and ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
There were no back-patting and self-congratulatory remarks this time from Australia's Prime Minister and Treasurer for the Australian National Accounts show that it wasn't a "wonderful set of numbers". Instead, with economic growth slowing to ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
As widely expected, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.0% at its September meeting. Operative phrase: "as widely expected". You, I and Irene can wax pedantic about some changes in RBA governor Philip Lowe's ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... averages, and capex expectations (for 2019-20) down by 3.7% from their actual 2018-19 results, justifies expectations for further RBA interest rate reductions and/or our (Jason's and mine and the RBA) prescription for the government to do the Keynesian ...

IOOF advice remediation hits $235m

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... service fees, estimated client loss for inappropriate advice, interest for time value of money at ASIC's directed rate of RBA cash rate + 6% and committed costs to resource the compensation program," IOOF said. Chief executive Renato Mota said aligned ...

Boutique launches new fund

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... Diversified High Yield Fund, which launched on August 1, aims to provide investors with a return of 4% per annum above the RBA official cash rate. The fund typically allocates to cash, fixed income-type securities, and trusts investing in direct property ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... September that should exceed investors' expectations"; the RBNZ's ready to take interest rates to -0.35% plus QE; the RBA to zero and perhaps, QE. As I've ranted many times before, the problem in today's world isn't the cost of borrowing ...

Plato to raise $200 million

KRISTI CHENG  |  THURSDAY, 15 AUG 2019
... saying it is becoming "increasingly difficult for retirees to live off the income from cash and fixed income" given current 1% RBA cash rates and 10-year Commonwealth Government Bonds trading at a yield below 1%. "Given the recent election result, retirees ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... Bros collapsed on the 15 September 2008, policy rates among the world's major central banks were higher - 7.25% for the RBA (now 1%); 5.75% for the BOE (now 0.75%); 5.25% for the Fed (now 2.25%); 4.25% for the ECB (now 0%); and, 0.5% for the BOJ ...

Praemium FUA skyrockets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
... investments, chief executive Michael Ohanessian said Praemium delivers an attractive interest rate net of fees despite a reducing RBA rate. "We also offer highly competitive brokerage rates and provide clients the benefits that accrue from the aggregation ...