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Showing 941 - 950 of 4371 results for "Press"

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
"It's not time to make a change Just relax, take it easy..." - Cat Stevens This is the US Federal Reserve's message to the markets at the conclusion of its April FOMC meeting in its efforts to calm concerns over rising inflation expectations ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
Latest inflation figures released by the Australian Bureau of Statistics (ABS) underscore both the Reserve Bank of Australia's prescience and governor Philip Lowe's expectation that the official cash rate will remain low until at least 2024. ...

Super fund liquidity could be better: RBA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 APR 2021
While the events of 2020 showed superannuation funds manage liquidity well, funds should consider the extent to which they rely on certain asset classes for liquidity, the Reserve Bank of Australia (RBA) has said. In its Financial Stability Report for ...

Chief economist update: No fear

BENJAMIN ONG  |  MONDAY, 12 APR 2021
The coronavirus optimism that prevailed over the dying weeks of 2020 and into the first quarter of this year has been replaced by concerns over the resurgence in infections - in Europe, India, Japan, South Korea and lately, the US, among others - caused ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
"Come on, Barbie, let's go party"... until 2024. In Reserve Bank of Australia (RBA) parlance: "The board is committed to maintaining highly supportive monetary conditions until its goals are achieved. The board will not increase the cash rate until ...

MySuper fees could halve in 10 years

KANIKA SOOD  |  THURSDAY, 1 APR 2021
Fees charged by MySuper products could halve over the next decade to a median of 0.5% per year, says Rainmaker Information which analysed the fees of 457 super products over the last six months. The research found MySuper products charged members median ...

DDO to simplify general, personal advice

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... campaign aimed at rolling customers into Westpac products under the banner of general advice," ASIC commissioner Danielle Press said. "By clarifying the distinction between tailored, quality, personal advice in the customer's interest, and general ...

Chief economist update: BOJ has no plans to ease easing

BENJAMIN ONG  |  TUESDAY, 30 MAR 2021
The Bank of Japan (BOJ) kept monetary policy settings at its March meeting - short-term key interest rate at minus 0.1% and the target for the 10-year Japanese government bond yield at around 0%. It also pledged that it "will continue with Quantitative ...

ABC, ISH arrangement faces scrutiny

KARREN VERGARA  |  MONDAY, 29 MAR 2021
APRA is facing mounting pressure to investigate the complex arrangements and quantify the financial terms between industry superannuation funds and the ABC, a parliamentary inquiry heard this morning. The prudential regulator, which appeared before ...

Chief economist update: Hot flashes

BENJAMIN ONG  |  THURSDAY, 25 MAR 2021
Expansion in private sector activity with a dash of inflation. This is the overriding conclusion that could be derived from the flash estimates of the IHS Markit Purchasing Managers' Index (PMI) surveys conducted for the US, the Eurozone, the UK ...