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Showing 931 - 940 of 4001 results for "Cut"

Analyst views on ESG swing

ELIZABETH MCARTHUR  |  MONDAY, 17 FEB 2020
... Chinese authorities' drive to improve governance, a rush among companies to invest in renewables before government subsidies are cut, and calls from investors for greater transparency around supply chains," Fidelity global head of stewardship and sustainable ...

Chief economist update: The virus, the trade deal and the AUD

BENJAMIN ONG  |  MONDAY, 17 FEB 2020
... Washington and Beijing put concrete action into the promised and hoped for de-escalation of trade tensions. On this day, America cut tariffs on US$120 billion worth of Chinese goods from 15% to 7.5%. In return, China's reduced its retaliatory tariffs ...

SSGA slashes ETF fee

HARRISON WORLEY  |  MONDAY, 17 FEB 2020
... State Street Global Advisors will slash the fees of the most traded ETF in Australia. SSGA is set to make a six basis point cut to the management costs of its SPDR S&P/ASX200 ETF (STW), pushing its cost down from 0.19% p.a. to 0.13% p.a. The change ...

Chief economist update: COVID-19 could hit Australia with triple whammy

BENJAMIN ONG  |  FRIDAY, 14 FEB 2020
... government-mandated lockdown, workers would prefer to stay home for fear of being infected. Chinese businesses have reportedly cut back on production and trade... and if the virus is not contained soon, job losses. For sure and for certain, this would ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... pencilling in a recession when the US yield curve inverted around the middle of last year and believed that the Fed would need to cut interest rates by at least another 25 bps, in addition to the ones it announced in July, September and October (that ...

Pendal cuts fees on equities fund

KANIKA SOOD  |  TUESDAY, 11 FEB 2020
... benchmark did 6.91%. The funds under management hovered around $330 million for most of the last year. This is Pendal's second fee cut in the recent months. In December, it dropped the fees on the Pendal Sustainable funds (balanced a conservative), as ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
... monetary policy is working, why are many economists and the financial markets factoring in at least one more 25 bps RBA rate cut -- that would take the official cash rate to a fresh record low of 0.50% -- or perhaps two, to 0.25% (which is the RBA's ...

Lowe snaps back at critics

ELIZA BAVIN  |  THURSDAY, 6 FEB 2020
RBA governor Philip Lowe has rejected concerns that the bank's decision to cut interest rates last year dented consumer confidence and impacted weak consumer growth. Speaking at the National Press Club, Lowe said that while he understands having rates ...

Asset manager to be liquidated

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
Global Merces Funds Management has come to an end as the financial services company is set to be wound-up. ASIC obtained orders to wind-up the Brisbane-based company on "just and equitable grounds" stating the proceedings were commenced to protect the ...

ISA reaffirms stance on super guarantee

ELIZA BAVIN  |  TUESDAY, 4 FEB 2020
... the problem. "ISA analysis shows more than eight million Australians could be worse off in retirement if the super rate is cut, losing more than $14.1 billion in super a year, or around $1630 a year for the average person," ISA said. "For an average ...