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Showing 61 - 70 of 369 results for "taper"

Labor policies boost superannuation agenda

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... voluntary contributions," the AIST said. However, neither party have made a commitment to address concerns with the Age Pension taper rate, which was "too steep" and denied many retirees with relatively low super balances access to the part Age Pension. ...

SMSFs outshine industry funds for large balances

KARREN VERGARA  |  TUESDAY, 9 APR 2019
Industry superannuation fund satisfaction outranks retail funds in all categories, but failed to beat self-managed super funds when it comes to larger balances. This is according to Roy Morgan's latest Superannuation Satisfaction Report which found ...

Chief economist update: Fed on ice

BENJAMIN ONG  |  THURSDAY, 21 MAR 2019
... the Fed's prediction for a 25 bps interest rate hike in 2020 would be right on target (and perhaps, resume its normal taper operations). Then, financial markets would have to decide what they really want - strong growth and profits with higher interest ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
The University of Michigan's latest update on consumer confidence indicates that there's hope still for household spending. Recall the reported big drop in US retail spending (down 1.2% in the month of December) that I penned is consistent with ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
... respectively" (Factset) on the 9th of the same month. I commented in this space at the time that "...the recent market reaction to taper speculations would instead ensure that the BOJ would continue with its policy "Quantitative and Qualitative Monetary ...

Chief economist update: Where are the BOJ exit speculators now?

BENJAMIN ONG  |  FRIDAY, 23 NOV 2018
... respectively" (Factset) on the 9th of the same month. I commented in this space at the time "...the recent market reaction to taper speculations would instead ensure that the BOJ would continue with its policy "Quantitative and Qualitative Monetary Easing ...

Chief economist update: Thanks for nothing

BENJAMIN ONG  |  WEDNESDAY, 21 NOV 2018
America's Thanksgiving celebration is only two winks away but the way the US equity market is going, investors have nothing to give thanks for. Three of Wall Street's benchmark equity indices are now in the red for the year - S&P 500 down 1.2% ...

Chief economist update: ECB on track for exit

BENJAMIN ONG  |  FRIDAY, 27 JUL 2018
Nobody expected action from the European Central Bank's (ECB) July 26 meeting. The Bank did not disappoint. It kept its benchmark repo rate at 0% - so were the rates on its deposit facility (-0.4%) and marginal lending facility (0.25%) - and repeated ...

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
... from the one additional vote for an immediate rate hike, the June meeting also produced a change in the forward guidance on taper: "the MPC now intends not to reduce the stock of purchased assets until Bank Rate reaches around 1.5%, compared to the previous ...

Chief economist update: The key to ECB taper

BENJAMIN ONG  |  TUESDAY, 27 FEB 2018
... Governing Council sees a sustained adjustment in the path of inflation consistent with its inflation aim." (ECB statement). Taper will come eventually but not after inflation is on a sustained uptrend and before a change in ECB communication.