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Showing 651 - 660 of 2575 results for "Treasury"

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... to keep the target range for the federal funds rate at 0 to 1/4 percent... will continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage-backed securities by at least $40 billion per month," the ...

Admin fees could balloon from BFID

KARREN VERGARA  |  TUESDAY, 16 MAR 2021
... concerns of the not-for-profit sector, thanks to loopholes in the proposed legislation. Following conversations with Treasury, the Australian Council of Trade Unions assistant secretary Scott Connelly said department officials have confirmed that dividend ...

Sunsuper, QSuper confirm merger will go ahead

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 15 MAR 2021
... needs today and the long-term." Reilly was appointed chief of Sunsuper in October 2019. Prior to that, he worked at NSW Treasury Corporation and State Street Global Advisors (SSGA). Reilly has committed to the role of the merged entity until at least ...

Treasury Group co-founder joins Mantis

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
The co-founder of Treasury Group, now Pacific Current Group, has joined the board of Mantis Funds. Rodney Green joins as a board member and adviser. He was managing director and co-founder of Treasury Group and was also previously chief investment officer ...

Chief economist update: More manna from UK Treasury

BENJAMIN ONG  |  FRIDAY, 5 MAR 2021
Another budget, another increase in government spending. In his Budget speech on March 3, UK Chancellor of the Exchequer Rishi Sunak prefaced his delivery of more manna from the government by stressing the damage the coronavirus has done to the UK economy. ...

US upbeat on stimulus, vaccination

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... when it becomes a problem, and that is when the investors, domestic and foreign, decide that they no longer want to hold treasury debt, and to be quite honest, I just don't know what that point might be," he said. One concern is when a country reaches ...

Senator calls for super funds to stop shorting

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... National Party Senator Gerard Rennick delivered an impassioned speech during the Senate debate on the passing of the Treasury Laws Amendment (Reuniting More Superannuation) Bill 2020. First Rennick compared the super industry to "1930s Chicago gangland ...

Retirement income framework on track: Frydenberg

KARREN VERGARA  |  FRIDAY, 26 FEB 2021
... to navigate the complex superannuation, aged care, Age Pension and taxation systems to have a comfortable retirement. Treasury veteran and economic consultant Mike Callaghan said improving retirement income depends on how the industry communicates with ...

Government passes advice, super reforms

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
... legislation were passed yesterday: the Financial Sector Reform (Hayne Royal Commission Response No. 2) Bill 2020 and passed the Treasury Laws Amendment (Reuniting More Superannuation) Act 2021. The passage of Financial Sector Reform (Hayne Royal Commission ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
... romantic comedy film, "something's gotta give"... and that, Virginia, is the US bond market. The yield on 10-year US Treasury bonds have been on the rise. No need for numbers, the chart below says it all: Yields have been going up and up because ...