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Showing 731 - 740 of 2021 results for "RBA"

New trust lowers cost for retail access to corporate loan market

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
... can negotiate a higher price." In its first half-year results, released in February, MXT met its IPO target return of the RBA cash rate plus 3.25% net of fees and consistently traded above net asset value. At the time, Lockhart said: "In today's volatile ...

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
... may add, the latest results are also consistent with the easing in the annual growth rate in housing credit contained in the RBA's private sector credit report released earlier this month. That report showed credit to housing slowing to 6.3% in the year ...

Chief economist update: Australia cruising at low altitude

BENJAMIN ONG  |  THURSDAY, 8 MAR 2018
... quarter - a tad slower than the 2.5% annual growth rate recorded in the same quarter of last year. This helps explain the RBA's inaction over monetary policy over the course of 2017 and the change in expectations from two rate hikes this year to nil. ...

Chief economist update: Next move in rates will likely be up, but it's not certain

BENJAMIN ONG  |  WEDNESDAY, 7 MAR 2018
... yesterday's meeting, the Reserve Bank Board left the cash rate unchanged at 1.5%, where it has been since August 2016." This is what RBA Governor Philip Lowe told his audience at the Australian Financial Review Business Summit in Sydney yesterday. Not ...

Insto mandate seeds Aviva fund launch

DARREN SNYDER  |  TUESDAY, 6 MAR 2018
... this in mind, the AIMS Fixed Income Fund will aim to achieve a 3% per annum gross return above the Reserve Bank of Australia (RBA) cash rate and before fees over any rolling three-year period. It will invest in a diversified portfolio of between 25 to ...

Senior RBA figure joins life insurer

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
The chief information officer at the Reserve Bank of Australia will join MLC Life in a newly created executive role. Sarv Girn will join MLC Life's leadership team in the new position of chief innovation and transformation officer. Girn will lead the ...

Chief economist update: Australia low on credit

BENJAMIN ONG  |  THURSDAY, 1 MAR 2018
Those still expecting the Reserve Bank of Australia (RBA) to raise the official cash rate - even at least once this year - may have to re-think their call. For sure, economic dynamics may change sometime down the road but given the current slowing trend ...

Don't time equity returns with interest rates: Research

KARREN VERGARA  |  MONDAY, 26 FEB 2018
... official cash rate, government bond yields and equity market returns. After analysing the S&P/ASX 300 index monthly returns, RBA cash rates changes, and five-year and 10-year government bonds from 1980 to January 2018, the fund manager found "no discernible ...

Chief economist update: Three minutes

BENJAMIN ONG  |  MONDAY, 26 FEB 2018
... the central banks think we are and where they plan to take us. The minutes of the meetings of the Reserve Bank of Australia (RBA), the European Central Bank (ECB) and the US Federal Reserve (Fed) were released last week. Despite their economies operating ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 23 FEB 2018
... ore prices have risen by 7.4% to US$78.30/tonne. This is higher than the US$77.50 at the time the Reserve Bank of Australia (RBA) met on 5 September last year. The minutes of that meeting later revealed the board's expectations for iron ore prices "to ...