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Showing 681 - 690 of 2021 results for "RBA"

Chief economist update: The Middle Kingdom's middling growth

BENJAMIN ONG  |  TUESDAY, 6 NOV 2018
It's the first Tuesday of November - the time when the "Melbourne Cup" runs and the Reserve Bank of Australia (RBA) meets only a few hours apart. All bets are on! There are so many odds on the various horses running in the Cup but there's only ...

Macquarie reshuffles asset management lineup

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
... three senior appointments and reshuffled its asset management business as it posts 1H19 net profits of $1.3 billion. Former RBA board member Jillian Broadbent AO is joining the boards of Macquarie Group and Macquarie Bank as an independent non-executive ...

Chief economist update: Australia's low(er)-flation

BENJAMIN ONG  |  THURSDAY, 1 NOV 2018
Will the next move in the official cash rate, as Reserve Bank of Australia (RBA) Governor Philip Lowe put it, likely "be up, rather than down"? To answer this, we have to look at the RBA's mandate of full employment and meeting an "agreed medium-term ...

RBA calls for more innovation

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
RBA started to support immediate payments for Aussies around the clock, this year. RBA's head of payments settlements department Greg Johnston spoke at SIBOS about what the central bank would like to see in payments next. In February, RBA launched ...

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

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
... or maybe it's been out-headlined by news of the US-Mexico-Canada Agreement (USMCA). But the Reserve Bank of Australia (RBA) met as usual on the first Tuesday of the month (except January), on October 2. It could be both, plus of course, the fact ...

Legislation lifts ASIC recruitment limitation

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
... ASIC's obligation under the Public Service Act 1999 (PSA) to recruit and retain staff, and bring it line with APRA and the RBA that also recruit staff outside of the PSA. The move is based on a recommendation by the ASIC Capability Review, which the ...

Firetrail to launch $305m IPO

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... portfolio will be predominately comprised of long and short positions in Australian listed securities, aiming to deliver above the RBA cash rate in positive risk adjusted returns despite the performance of underlying securities. Firetrail's Absolute ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
... parent bank where members of the fund's cash option received interest rates as low as 1.25% per year - lower than the RBA cash rate and rates offered on regular term deposits. Likewise, the Royal Commission revealed members within AMP's cash ...

Chief economist update: Confidence down, conditions up

BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2018
... suggesting that businesses are able to pass on higher costs to consumers. Still low by the Reserve Bank of Australia's (RBA) inflation expectations but it's heading there. Ben Ong is the Director of Economics and Investments at Rainmaker Group. ...

Future Fund delivers 9.3%, increases risk moderately

KANIKA SOOD  |  WEDNESDAY, 29 AUG 2018
... funding costs rise. Several smaller banks, including Bendigo and Adelaide Bank, have already raised rates even though the RBA has the cash rate on hold, citing increased funding costs. Speaking of Royal Commission's impact, Costello said banks will have ...