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Showing 951 - 960 of 4001 results for "Cut"

Aussie stocks burnt in blaze

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... bushfire-related spending," UBS said. UBS also argued the bushfire crisis has increased the likelihood of a further RBA interest rate cut in February this year. It expects the RBA to cut rates by 25 bps.

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
"I'm walking on sunshine (Wow!) I'm walking on sunshine (Wow!) I'm walking on sunshine (Wow!) And don't it feel good." Sadly, Australians are not singing and dancing to this upbeat classic by Katrina and the Waves. The Westpac/Melbourne ...

Chief economist update: More from Morrison

BENJAMIN ONG  |  TUESDAY, 21 JAN 2020
"Getting small businesses back on their feet is critical. We want to ensure the right support is in place for small businesses as they get past the initial recovery phase of this unprecedented bushfire crisis..." These were Australian Prime Minister ...

Aberdeen Standard, HUB24 partner

KANIKA SOOD  |  TUESDAY, 21 JAN 2020
... with Aberdeen Standard Investments to bring this product to market," Entwistle said. ASI says using the "bionic" tools can cut the amount of time a financial adviser needs to service a client significantly, depending on the client's needs, while maintaining ...

Chief economist update: Happy New Year rat

BENJAMIN ONG  |  MONDAY, 20 JAN 2020
... underpin continued stabilisation in the Chinese economy. Recall that on November 18, the People's Bank of China (PBOC) cut its 7-day reverse repo rate from 2.55% to 2.50% - the first rate reduction in four years (October 2015). This followed its ...

Wealth giants shrink advertising budgets

KANIKA SOOD  |  FRIDAY, 17 JAN 2020
Australia's largest superannuation funds and wealth companies have largely cut back on their advertising spends over the past five years, documents from the Standing Committee on Economics show. Colonial First State, which is currently facing two ...

Analysts remain wary as ASX breaks 7000

ALLY SELBY  |  FRIDAY, 17 JAN 2020
The S&P/ASX 200 Index has broken the 7000 mark following news of Trump and China finally signing a trade deal, but analysts remain wary of the new record high. The Index gained 47 points on Thursday to finish at 7041.8, setting a new record high for ...

Chief economist update: Phase one deal signed, sealed and delivered

BENJAMIN ONG  |  THURSDAY, 16 JAN 2020
The highly anticipated US-China 'phase one' trade agreement has finally come to pass - signed, sealed and delivered on January 15. The deal involves China committing to buy at least an additional US$200 billion worth of US goods and services ...

VanEck launches new income product

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... world in having ultra-low interest rates. "That situation is not likely to reverse anytime soon, with another official rate cut expected in the next few months, so investors seeking income will need to allocate more to income producing equities and fixed ...

Dixon cuts US property fund value

ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
Dixon Advisory has slashed the value of its US property fund by 30%, in yet another blow to the wealth management firm. The responsible entity for the US Masters Residential Property Fund (URF), Walsh & Company, blamed general weakness in the New York ...