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Showing 711 - 720 of 2022 results for "RBA"

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
We are one and we are many, and all of us don't expect any movement from the Reserve Bank of Australia (RBA) when it meets at 2.30pm today for its monthly monetary policy deliberations. Yes Virginia, RBA Governor Philip Lowe has already gone on ...

Chief economist update: Capex and credit and the trade war

BENJAMIN ONG  |  FRIDAY, 1 JUN 2018
... weakened to 1.4% from 2.2%. Not only has Australia have to deal with continued weakness in household consumption - the latest RBA report on credit show the decline in personal credit accelerated to minus 1.2% in the year to April (the 28th straight month ...

Chief economist update: Building approvals on a slowing trend

BENJAMIN ONG  |  THURSDAY, 31 MAY 2018
... than a year ago. The gentle deceleration in the housing market should provide comfort to both the Reserve Bank of Australia (RBA) and the Australian Prudential Regulation Authority (APRA). Ben Ong is the Director of Economics and Investments at Rainmaker ...

Chief economist update: Should have sold in May and gone away

BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
... Lastly, not only is fiscal policy being loosened but monetary policy remains accommodative with the Reserve Bank of Australia (RBA) not expected to raise interest rates until sometime next year. But while the Australian domestic narrative is a good story ...

Former Macquarie equities team launches boutique

KANIKA SOOD  |  FRIDAY, 25 MAY 2018
... exposures. It will charge 1.5% pa in management fees. Performance fee is 20% of the fund's excess return versus the benchmark RBA cash rate, net of management fees. Both funds have a minimum investment size of $20,000. The high conviction fund has ...

BBSW methodology restores trust

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
... began on Monday, a direct response to maintain trust in the interest rate benchmark following misuse. In a joint statement the RBA and ASIC said the new BBSW methodology calculates the benchmark directly from market transactions during a longer rate-set ...

Chief economist update: Wisdom of the crowd

BENJAMIN ONG  |  MONDAY, 21 MAY 2018
... that? A strengthening US economy (or any economy for that matter) demands higher interest rates. As Reserve Bank of Australia (RBA) Governor, Philip Lowe, told his audience at the Australia-Israel Chamber of Commerce (WA) in Perth on 11 April, 2018 ...

Chief economist update: Forget asking for a pay rise

BENJAMIN ONG  |  FRIDAY, 18 MAY 2018
... (24.4K) in the month of March. How good is that! Not so fast. The bears have it too. The unemployment rate - the stat the RBA looks at - rose from 5.5% in March to 5.6% in April (the highest rate of joblessness since July last year) with the number of ...

Chief economist update: Stuck in the very slow lane

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2018
... in the December 2017 quarter and 2.09% in the September quarter. Normally, I wouldn't quibble about decimal points but RBA deputy governor Guy Debelle's recent statement at the CFO Forum held in Sydney yesterday, quipped that "Recent data on ...

Chief economist update: All Ords rising

BENJAMIN ONG  |  TUESDAY, 15 MAY 2018
... wealth effect, underpinning more household spending and further share market appreciation. And of course, there's the RBA that's still maintaining its accommodative policy stance. Barring any unforeseen events, the All Ords could be back to its ...