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Showing 771 - 780 of 4736 results for "Reserve"

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... still in lockdown and some inter-state borders were closed. It could only get better from here because: Since then, the Reserve Bank of Australia (RBA) has provided more money. At its 3 November Board meeting, it went a-cutting bringing the official ...

CountPlus divests member firm

ANNABELLE DICKSON  |  TUESDAY, 10 NOV 2020
CountPlus has disposed its majority interest in a member firm to a fellow member firm after a review found it could not add strategic value. The ASX-listed advice and accounting group has sold its 61.28% interest in Specialised Business Solutions to ...

RBA measures not solely due to COVID: Treasury

ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
The unconventional monetary policy measures launched by the Reserve Bank of Australia are not solely a result of the COVID-19 shock, Treasury Secretary Steven Kennedy said. Speaking to Australian Business Economists for a post-budget briefing, Kennedy ...

Chief economist update: More money for reimposed lockdown

BENJAMIN ONG  |  FRIDAY, 6 NOV 2020
"Money, money, money Always sunny..." - ABBA The US presidential election remains undecided. The US Federal Reserve met and decided to keep the status quo - the complete opposite of the happenings on the other side of the Atlantic where both fiscal ...

IOOF unfazed by poor MLC result

ELIZA BAVIN  |  THURSDAY, 5 NOV 2020
... NAB as a whole was also impacted heavily by the operating environment, market volatility and interest rate cuts by the Reserve Bank. Statutory net profit came in at $2.5 billion. Cash earnings were $3.7 billion, down 36.6% from the prior corresponding ...

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... world Gonna do the limbo rock..." - Chubby Checker, Limbo Rock Australian equities and bond markets applauded after the Reserve Bank of Australia (RBA) didn't disappoint expectations, showing just how low it can go. The All Ordinaries index jumped ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
The Reserve Bank of Australia (RBA) has announced another rate cut, bringing the cash rate down to 0.10% for the first time in history. Not only that, but RBA governor Philip Lowe announced a ramp up of quantitative easing measures, bringing in a new ...

The rate that stops the nation

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
Prior to the horses hitting the track many economists are betting on a rate cut by the Reserve Bank of Australia's board today to a new historical low of 0.10%. Finder's RBA cash rate survey found 67% of economists believe the central bank will cut ...

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
The Reserve Bank of Australia has announced a partnership with a consortium of financial institutions and a blockchain technology company to develop a wholesale central bank digital currency (CBDC) using distributed ledger technology (DLT) for settlement. ...

EQT names chair, compliance member

ANNABELLE DICKSON  |  FRIDAY, 30 OCT 2020
... retired after 12 years on the board. She has been on the board since March this year and is a non-executive director of the Reserve Bank of Australia, Qualitas Property Partners and the Schwartz family office, Trawalla Group. Equity Trustees deputy chair ...