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| | | Housing is an expensive option for investors, offering low rental yields compared to all other assets except bank deposits and government bonds. This is the view of AMP Capital chief economist Shane Oliver, who recently penned an analysis on Australian ... |
| | | | John Knox has been appointed Credit Suisse Australia's new chief executive. Incumbent chief Rob Stewart will depart the company in June, having held the role since February 2013. He will be moving to a position at Global Infrastructure Partners. Knox ... |
| | | | Even simple investment funds, including long only mutual funds, can pose financial stability risks, warns the International Monetary Fund (IMF). The international body's recent update to its Global Financial Stability Report offered five policy messages ... |
| | | | ... 11.5 cents, or nearly 6%, to $1.825 after a 14.5 cents lift on Wednesday. The banks were mostly higher, with Commonwealth Bank up 48 cents at $94.48, ANZ five cents stronger at $36.84, Westpac adding two cents to $39.78. But National Australia Bank dropped ... |
| | | | ... and unexpected findings were uncovered. "Seventy per cent said they don't foresee themselves using social media channels to bank in the future. The majority said they were concerned about too much security, which was a marked change from our 2012 report ... |
| | | | ... since December 2013. Yes Virginia. What hope do we lesser mortals have if even the great minds at the world's biggest central bank couldn't decide on one of the six remaining months of 2015 (May's definitely out) - tag on another 12 months if the Fed ... |
| | | | ... currency doesn't trade lower over the course of the next month," Lennox said. "And iron ore was up 2.5% last night." The Reserve Bank disappointed investors on Tuesday by keeping its cash rate unchanged, though it has also maintained an easing bias. ... |
| | | | ... Strategy to the local market. The Fund, which opened on 27 February, targets a gross return of 5% over the Bloomberg AusBond Bank Bill Index (cash +5%) over a rolling, three-year period. Crucially, it also has a volatility target of less than half that ... |
| | | | ... its release to the public. "ASIC confirms it will investigate a spike in the Australian dollar shortly before the Reserve Bank's monetary policy decision today," ASIC's statement said. "The investigation will look at trading in the dollar prior to the ... |
| | | | The Reserve Bank of Australia believes digital currencies do not currently raise issues for them in terms of monetary policy and financial stability mandates. The RBA recently addressed a Senate Economics References Committee inquiry about digital currency ... |
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