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Showing 741 - 750 of 4600 results for "RAISE"

US Federal Reserve enacts biggest rate hike in 22 years

ANDREW MCKEAN  |  THURSDAY, 5 MAY 2022
The US Federal Reserve has raised rates by 0.5%, the most aggressive interest rate increase in over 20 years. In his opening statement, Federal Reserve chair Jerome Powell said: "Inflation is much too high, and we understand the hardship it is causing ...

Aussie private capital on the rise: Report

CHLOE WALKER  |  WEDNESDAY, 4 MAY 2022
Australia's private capital industry reached a record $90 billion in assets under management at June 2021, according to Australian Investment Capital (AIC) and Preqin's most recent report. The 2022 Private Capital Market Yearbook report also recorded ...

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
... Bank of Australia surprised markets by lifting the cash rate target for the first time in over a decade. The decision to raise rates 25 basis points to 0.35% came as the RBA sought to withdraw the extraordinary monetary support afforded to Australians ...

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
In the first increase in more than a decade, the Reserve Bank of Australia has raised the cash rate target by 25 basis points to 0.35%. Announcing the decision this afternoon, RBA governor Philip Lowe said the board determined the time is right to begin ...

Packhorse acquires trophy property, opens next raise

ANDREW MCKEAN  |  TUESDAY, 3 MAY 2022
... property acquisition, Packhorse has also officially opened its next offer to invest. The company outlined a target capital raise of up to $62 million to fund the purchase of two outstanding properties in New South Wales and to expedite the regeneration ...

NAB evades AUSTRAC fine for non-compliance

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
National Australia Bank (NAB) has avoided a civil penalty for issues related to anti-money laundering and counter-terrorism financing (AML-CTF) laws. Unlike the Commonwealth Bank and Westpac which received gargantuan fines for AML-CTF breaches, NAB ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... year-on-year increases to food prices were the largest in more than 10 years. The question is now whether the RBA will opt to raise rates in May, specifically next week. J.P. Morgan Asset Management global market strategist Kerry Craig says it's a virtual ...

ASX seeks to improve investment products offering

CHLOE WALKER  |  THURSDAY, 28 APR 2022
A newly released consultation paper from the ASX suggests changes to the existing rule framework may be needed to better serve investor needs, including the merger of AQUA and Warrant Rules. Releasing the paper yesterday, the ASX said it wants to provide ...

UBS Australia could be banned from Papua New Guinea

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
... officials to pressure them to go through with the loan. PNG pledged, among other assets, its 14.7% stake in Oil Search to raise $1.7 billion. Oil Search is a PNG-based company which has since merged with ASX-listed Santos. However, the Oil Search shares ...

RBA eyes an early rate hike

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
... Ukraine, the COVID-19 pandemic and heightened stock market volatility, the central bank may choose to wait until June to raise interest rates." "Following that, bond markets are pricing in an increase in interest rates every month until December 2022. ...