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Showing 961 - 970 of 4001 results for "Cut"

Chief economist update: Aussie Black Friday spend will end Saturday

BENJAMIN ONG  |  MONDAY, 13 JAN 2020
... Christmas and mid-January; a 2.3% increase from 2018." Hip, hip. The RBA wouldn't need to exhaust all its interest rate cut bullets, not to mention engage in quantitative easing, anymore. More so, given that the Morrison government - forgive my cynicism ...

2020: Year of the fragile economy

ALLY SELBY  |  THURSDAY, 9 JAN 2020
... has not included the recent escalating tensions between Iran and the US in their global economic outlook for 2020, with the cut-off for forecasts set at December 20. Markets have been shaken by the recent hostilities, including a revenge-style attack ...

Chief economist update: Moving target

BENJAMIN ONG  |  WEDNESDAY, 8 JAN 2020
... years of policy accommodation it still couldn't hit its target? Move the goalpost, of course. The US Federal Reserve has cut interest rates three times (by 75 basis points) last year from 2.5% to 1.75%. The stats show that half of its dual mandate ...

China's growth to slow: PIMCO

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2020
PIMCO is forecasting a slowdown in China's GDP growth in 2020 as tensions between the Asian nation and the United States continue into the New Year. The company's global economic advisor, Joachim Fels, and chief investment officer global fixed income ...

Chief economist update: Missing the burning forests for the surplus tree

BENJAMIN ONG  |  TUESDAY, 7 JAN 2020
"From a practical perspective, big, impactful and very novel disasters will, hopefully, lead to stronger action to both mitigate emissions and also plan for impacts..." This was Ketan Joshi's - University of Sydney science graduate and international ...

Chief economist update: More jobs dull rate cut bets

BENJAMIN ONG  |  FRIDAY, 20 DEC 2019
... steady at 66.0%. It's therefore not surprising that financial markets have reduced their expectations that the RBA would cut the official cash rate by another 25 bps (to 0.5%) at its first meeting for 2020 (in February). However, the details of the ...

Market Forces takes aim at big banks

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
Controversial campaigner Market Forces have well and truly set its sights on Australia's big banks. After hitting Suncorp with a shareholder resolution in July, Market Forces has ramped up its efforts to influence Australia's largest financial institutions. ...

TAL loses group insurance mandate

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
After 13 years, a $22 billion corporate superannuation fund is set to cut ties with TAL. From 1 July 2020, MLC Life will take over as group insurer for TelstraSuper. The fund said the decision to change insurers follows a comprehensive review of its ...

Chief economist update: Stock rally heralds 2020 cheer

BENJAMIN ONG  |  THURSDAY, 19 DEC 2019
... done nothing all year but it promised to act (if it becomes necessary). Even our very own Reserve Bank of Australia (RBA) cut the official cash rate three time this year - in June, July and October - to a fresh record low of 0.75%. Whether or not these ...

Time-poor advisers to embrace model portfolios

HARRISON WORLEY  |  WEDNESDAY, 18 DEC 2019
New research from global asset manager State Street Global Advisors reveals financial advisers may shun traditional investment management tasks in a bid to spend more time on clients as mounting regulatory and compliance responsibilities take their ...