Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 711 - 720 of 4771 results for "Reserve"

CSLR raises concern among advisers

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... estimated to be at least $3.7 million, which is on top of establishment costs of $6.3 million and the creation of a capital reserve fund of $5 million. The maximum amount that can be paid out by the CSLR to claimants is $150,000. "The AFA has previously ...

Top economist Don Stammer to fund UNE scholarship

MICHELLE BALTAZAR  |  FRIDAY, 16 JUL 2021
... held in perpetuity, for his alma mater. There are two types of economists: those who could say they've worked with Reserve Bank governors and those who could say they've recruited promising economists who then went on to become Reserve Bank governors. ...

Northern Trust launches low carbon strategy

ANNABELLE DICKSON  |  WEDNESDAY, 14 JUL 2021
Northern Trust Asset Management (NTAM) has launched an actively managed strategy that focuses on high-quality, low-volatility stocks while maintaining a lower carbon footprint. The Quality Low Volatility Low Carbon World (QLV Low Carbon) Strategy is ...

Be ready for negative rates: APRA to ADIs

JAMIE WILLIAMSON  |  MONDAY, 12 JUL 2021
Despite the Reserve Bank of Australia being confident it's unlikely interest rates will enter negative territory, APRA is consulting on ADI's preparedness for such an event. Saying the regulator's standpoint does not preclude the possibility of zero ...

Economic recap: Week to July 9

BENJAMIN ONG  |  MONDAY, 12 JUL 2021
At its July 6 meeting, the Reserve Bank of Australia (RBA) kept the cash rate unchanged at 0.1% and retained the April 2024 bond as "the bond for the yield target" - against speculation that it would roll this over to the November 2024 bond. At the ...

Chief economist update: Local and foreign love affair with Australian property

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2021
... faster than expected economic recovery that's underscored by the improvement in the domestic labour market and the Reserve Bank of Australia's (RBA) continued accommodative monetary policy.

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
... steely knives, But they just can't kill the beast." - The Eagles, 'Hotel California' Only a few days after the Reserve Bank of Australia (RBA) kept monetary policy settings unchanged and repeated its assurance that interest rates will remain ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
Financial markets widely expected the Bank of England's (BOE) decision to keep current monetary policy settings unchanged at its June monetary policy committee meeting. "The MPC voted unanimously to maintain Bank Rate at 0.1%... and to maintain ...

Westpac backs out of NZ demerger plans

ANNABELLE DICKSON  |  THURSDAY, 24 JUN 2021
... early stages of reviewing Westpac New Zealand (WNZL) as regulatory requirements in New Zealand became too stringent. The Reserve Bank of New Zealand (RBNZ) instructed Westpac New Zealand to hold additional liquid assets and commission independent reports ...

LGIAsuper to rebrand

ELIZABETH MCARTHUR  |  TUESDAY, 22 JUN 2021
As LGIAsuper completes its merger with Energy Super and starts the process of integrating Suncorp's super business into the fund, chief executive Kate Farrar tells Financial Standard there are some big changes ahead. From 1 July 2021, the successor ...