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Showing 621 - 630 of 2104 results for "Funding"

Chief economist update: More money for reimposed lockdown

BENJAMIN ONG  |  FRIDAY, 6 NOV 2020
... Sunak announced the extension of the government's furlough scheme until 31 March 2021 and raised the upfront guarantee funding for devolved administrations by £2 billion to £16 billion and up to £500 million of funding for councils to support ...

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... 3-year Australian Government bond to around 0.1 per cent a reduction in the interest rate on new drawings under the Term Funding Facility to 0.1 per cent a reduction in the interest rate on Exchange Settlement balances to zero the purchase of $100 billion ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... on the three year Australian Government bond to around 0.1% and reduce the interest rate on new drawings under the Term Funding Facility to 0.1%. Additionally it reduced the interest rate on Exchange Settlement balances to zero and purchase of $100 billion ...

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
... if there is a future role for a wholesale CBDC in the Australian payments system," she said. The POC will explore the funding, settlement and repayment of a tokenized syndicated loan on an Ethereum-based DLT platform for wholesale participants and the ...

ANZ sees profits plummet, plans to exit thermal coal

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
... working. In addition, ANZ released an updated climate policy and has promised to exit thermal coal by 2030 by ceasing funding to new thermal coal mines and coal-fired power stations. Instead, it will only directly finance low carbon gas and renewable ...

Bendigo and Adelaide Bank overstates liquidity

ANNABELLE DICKSON  |  THURSDAY, 22 OCT 2020
... incorrectly classified some retail deposits into the most stable category of its liquidity coverage ratio and net stable funding. The bank said in a statement that the breaches resulted in an understatement of expected net cash outflow and overstated ...

ClearView seeks to raise at least $40m

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... general corporate and capital management purposes. This will include repaying existing indebtedness of ClearView and support funding of tier 2 capital of a regulated entity within the ClearView group. The notes will have a notional face value of $10,000 ...

Australian Business Growth Fund launches

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
... government is making an investment of $100 million and partnering with other financial institutions to provide equity funding. The major banks on board including ANZ, Commonwealth Bank, NAB, and Westpac have also each committed $100 million to the fund. ...

Stephen Jones admits to anti-life insurance bias

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... is disappointed to see the government "dismantling things that have been working" but he does support the tax cuts and funding for business that were announced in the budget. "You'd expect that if we are going to see a deficit of that size there ...

Half of UK pension funds seek buy-out

JAMIE WILLIAMSON  |  MONDAY, 12 OCT 2020
... demand is expected to average $66 billion a year over the next decade. "This is due to a combination of factors such as funding requirements meaning that sponsoring employers will need to fund pension schemes to a higher level and the cost of insuring ...