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Showing 971 - 980 of 4003 results for "Cut"

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 ...

Chief economist update: Oil's well that ends 2019 well

BENJAMIN ONG  |  WEDNESDAY, 18 DEC 2019
... (IEA) notes that: "If all the countries comply with their new allocations and Saudi Arabia delivers the rest of its voluntary cut of 0.4 mb/d, the fall in production volume versus today will be about 0.5 mb/d." "In this report we have reduced our forecast ...

Chief economist update: War is over

BENJAMIN ONG  |  TUESDAY, 17 DEC 2019
... watered by government and central bank stimulus packages. Recall that on November 18, the People's Bank of China (PBOC) cut its seven-day reverse repo rate from 2.55% to 2.50% - the first rate reduction in four years (October 2015). This followed ...

Chief economist update: Three cheers for Christmas

BENJAMIN ONG  |  MONDAY, 16 DEC 2019
... threes. First stop, at the conclusion of its December 10-11 FOMC meeting, the US Federal Reserve indicated that it would not cut interest rates further - currently at 1.5%-1.75% -- because, according to chair Powell: "Our economic outlook remains a favourable ...

The dark horses of Aussie shares funds

KANIKA SOOD  |  FRIDAY, 13 DEC 2019
... did 4% over the benchmark. The second spot was taken by AMP's sustainable share fund. Two funds from BlackRock made the cut the Alpha Tilts Fund and the Australian Share Fund. Three funds from Macquarie also beat the benchmark: the Australian Enhanced ...

Chief economist update: Has the Fed conquered the yield curve?

BENJAMIN ONG  |  THURSDAY, 12 DEC 2019
... markets appear to be correct in anticipating a pause, Bill Evans might get the last ho ho ho. History is with Bill. The Fed cut interest rates further in all three episodes -- 1990, 2001 and 2008 -- in recent history.

AMP to cut contribution fees

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2019
AMP has informed licensees and financial advisers it will phase out contribution fees in Q1 2020. In a letter from AMP managing director of superannuation, retirement and platforms Lara Bourguignon, AMP has said it will cease charging and paying contribution ...

Chief economist update: Businesses remain unmoved by low rates

BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
... survey was conducted from 19-29 November 2019 - a month after the Reserve Bank of Australia (RBA) announced it third rate cut (in October) that took the official cash rate to a record low 0.75%; and the government tax rebates implemented in July. Five ...

Industry fund cuts fees

HARRISON WORLEY  |  FRIDAY, 6 DEC 2019
... superannuation fund is the latest to make an end-of-year adjustment to its fees. First State Super has made an 11 basis point cut to the investment fee in its balanced growth lifecycle MySuper strategy for employer sponsored members, dropping from 0.76% ...