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Showing 841 - 850 of 4302 results for "Bank of"

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... pricing in a second rate cut from the Fed this month. JP Morgan predicts the Fed will lower rates by 100bps next week, while Bank of America and Barclays both believe the Fed will cut rates by 50bps at both March and April meetings, taking interest rates ...

Take pride in super: Rice Warner

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
... pension costs from the current 2.7% of GDP to something closer to the OECF average of 8%." The firm pointed to a Reserve Bank of Australia research paper authored by RBA deputy secretary Ellis Connolly, which indicates SG "adds significantly" to savings ...

J.P. Morgan offloads Melbourne properties

ELIZA BAVIN  |  FRIDAY, 6 MAR 2020
J.P. Morgan is moving to divest two Melbourne-based properties as vacancy rates in Melbourne fall to record lows. The two properties include St Collins Lane mall and a Southbank office tower known as Twenty8 Freshwater Place. The asset manager bought ...

Chief economist update: A crisis of supply, demand and confidence

BENJAMIN ONG  |  FRIDAY, 6 MAR 2020
... assure us, mere mortals, of a concerted response. Several central banks have already cut interest rates led by the Reserve Bank of Australia and underscored by the US Federal Reserve's inter-meeting 50 basis point rate reduction, quickly followed ...

EQT bolsters board

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
... EQT's board as a non-executive director. Schwartz is currently a non-executive director on the boards of the Reserve Bank of Australia, Qualitas Property Partners and the Trawalla Group, the last of which, she founded herself. Along with her family ...

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
... short of assertive concrete actions, financial markets hoped the "magnificent seven" would undertake. However, the Reserve Bank of Australia (RBA) and the US Federal Reserve's (Fed) decision to cut interest rates on the same day suggests that a coordinated ...

RBA expected to cut again; maybe even tomorrow

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... RBA will cut rates by 25bps tomorrow, and the market should price in the chance of a 50bps easing. "Since the Reserve Bank of Australia last met in early February, there have been three significant developments," Ord Minnett said. "First, the distribution ...

ISA takes swipe at Grattan

ELIZA BAVIN  |  THURSDAY, 27 FEB 2020
... least 80% of the cost of compulsory super comes via lower wages within two to three years, a finding that the Reserve Bank of Australia has endorsed, and the long-term impact is likely to be even higher," Coates said. "ISA's conclusion that higher SG ...

Shape up on climate change risk: APRA

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
... risk vulnerability assessment that will begin with the ADI industry and will be analysed in conjunction with the Reserve Bank of Australia. "The vulnerability assessment will involve entities estimating the potential physical impacts of a changing climate ...

Tribeca portfolio manager quits

KANIKA SOOD  |  MONDAY, 24 FEB 2020
... in a statement. Evans was at Tribeca for less than four years. He joined in 2016, after working for Macquarie Bank and Bank of America Merrill Lynch.