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Showing 781 - 790 of 4737 results for "Reserve"

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 ...

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
... does Wall Street even care whether a stimulus deal is signed today, tomorrow or never? The short answer is the US Federal Reserve remains unconvinced. Fed chair Jerome Powell thinks there's still a long way to go before the economy fully recovers ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
The Australian recession is over! This was what Reserve Bank of Australia deputy governor Guy Debelle implicitly told a Senate Estimates virtual hearing when he said :"At the moment it looks like the September quarter for the country probably recorded ...

Fiscal policy spurs investor confidence: Citi

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... New Zealand. Nearly 80% of the delegates at the Citi Australia Investment Conference believe the terminal rate for the Reserve Bank of Australia will be 10 basis points, with just 30% believing there will be negative rates. However, 69% of investors ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... have a better economic outcome in the coming months if Australians ensure they keep spending and investing, according to Reserve Bank of Australia (RBA) governor Philip Lowe. Lowe said the nation's recovery will depend on how willing people and businesses ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
... October Federal Budget; ongoing success across the nation in containing the COVID-19 outbreak; and the expectation that the Reserve Bank Board is likely to further cut interest rates at its next meeting on November 3." In three words, that's money ...

Westpac puts Australia on bad banking leaderboard

ELIZA BAVIN  |  WEDNESDAY, 14 OCT 2020
... its risk of money laundering in its Baltic operations. CitiGroup was served a cease and desist order from the US Federal Reserve for falling short of risk management and internal controls. The order requires CitiGroup to correct practices and the bank ...

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
The People's Bank of China (PBOC) cut the foreign exchange risk reserve ratio for forward contracts to 0% from 20% over the weekend, effectively giving its blessing to currency traders to "get shorty". The PBOC imposed the 20% risk reserve ratio ...

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... conditions also improved but only to zero from minus six in August. The government's response has also allowed the Reserve Bank of Australia (RBA) to conserve its almost depleted ammunition. The RBA kept domestic monetary policy unchanged at the ...

Netwealth sees rise in inflows

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
... also reported that it has a cash transaction account balance of around 9.1% of FUA to allow for ample liquidity. "If the Reserve Bank announces a further interest rate reduction, Netwealth will absorb this reduction and this will adversely impact out ...