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Showing 861 - 870 of 5945 results for "Banks"

Chief economist update: COVID-infected Aussie stats trickle in

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2020
... confident that "The coordinated monetary and fiscal response, together with complementary measures taken by Australia's banks, will soften the expected contraction and help ensure that the economy is well placed to recover once the health crisis ...

Open banking to charge on

ELIZA BAVIN  |  TUESDAY, 7 APR 2020
... this crisis we will get the competition our financial sector needs." Sims said the ACCC has had extensive discussions with banks and other stakeholders about the impacts of COVID-19 on the introduction of the CDR regime. "The vast majority want to press ...

The catalysts for a rebound

ELIZA BAVIN  |  TUESDAY, 7 APR 2020
... down in core bond yields around the world, and the aggressive actions taken across the board by the Fed and other central banks, we see a clear scenario emerging on the back end of this.

Opportunities in fixed interest during crisis

ALLY SELBY  |  TUESDAY, 7 APR 2020
... Sivapalan said the support for markets could see a permanent loss of capital for corporates. "Our thesis is that central banks will come through with strong support for markets through this crisis and we're getting ahead of that," he said. "Equally ...

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
... according to data collected by Johns Hopkins University. Nearly 53,000 people have died from the virus globally. Slashing the banks US economic forecasts, Bank of America senior US economist Michelle Meyer wrote in a note to the bank's clients that GDP ...

The shape of recovery

ELIZA BAVIN  |  FRIDAY, 3 APR 2020
... traditional economic playbook has been thrown out the window. "Quantitative easing (QE) was an unfinished experiment as central banks never really unwound it," Jennings said. "Now we have gone QE to infinity and beyond we really are in a galaxy far ...

Not buy time yet: Lonsec

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... earnings part is the trickier of the two. He says while the liquidity in the fixed income universe has improved since central banks eased further, it is still changing day to day. In Australia, the Reserve Bank has promised to inject at least $2 billion ...

Fixed income liquidity squeeze bites

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... redemptions in the near future. "We will see a reinvigoration of the Australian corporate bond market in the coming weeks as banks continue lending, the securities will reprice and facilitate growth and liquidity again," he says. Bringing up the rear ...

Opportunities and threats amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 2 APR 2020
... have found has worked well in these type of markets." The banking sector is posed for significant losses, Potter said. "Banks are highly leveraged with both financial and operational gearing, so a higher bad debt charge will impact profits," Potter said. ...

Chief economist update: AUD depreciation no cure for coronavirus

BENJAMIN ONG  |  THURSDAY, 2 APR 2020
All good things must come to an end and this 'Lucky Country's' luck appears to have ran out after enjoying 28 years and a bit without an economic recession. Australia has survived economic and financial market upheavals over the past three ...