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Showing 81 - 90 of 459 results for "Board meeting"

Special Report: Hitting new ETF goals

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
More investors are turning to fixed income ETFs as a way to finetune their bond portfolios. Karren Vergara finds out what is driving the demand and why this new wave of defensive ETFs is here to stay. Recalling the sharp market correction that stung ...

Chief economist update: An Indian surprise

BENJAMIN ONG  |  MONDAY, 8 OCT 2018
... kept interest rates unchanged - repo rate at 6.5%, reverse repo rate at 6.25% - at the conclusion of its October 5 board meeting, following a 25 bps increase at its previous meeting on August 1. The RBI's decision defied consensus expectations for ...

Chief economist update: Keep one eye open on the housing market

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
... not a single soul and his dog anticipate anything new from the Australian central bank at the conclusion of its board meeting. The RBA did not disappoint. It kept the official cash rate unchanged at the record low 1.5% - where it had been for 27 months ...

APRA to reopen old wounds for CBA, IOOF

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
... various managed schemes, be dissolved from its dual structure. While a number of changes were agreed to at the IOOF board meeting on 1 August 2018, APRA said it seems that such matters were a "matter of indifference" to Kelaher. He did not accept that ...

NAB initially under-reported remediation bill to ASIC

KANIKA SOOD  |  MONDAY, 13 AUG 2018
NAB initially reported a compensation bill of about $22 million less than what it actually owed to customers for plan service fees, as the corporate regulator was capping off a report on the matter in late 2016. By 24 October 2016, NAB's estimated plan ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
If all goes according to expectations, today's Reserve Bank of Australia (RBA) Board meeting will mark one-month and two years (25 months) that the country's cash rate had been stuck at a record low 1.50%, and the longest stretch of unchanged ...

Chief economist update: Not before we get a pay rise

BENJAMIN ONG  |  MONDAY, 6 AUG 2018
Just in time for tomorrow's Reserve Bank of Australia (RBA) monthly board meeting, ME Bank published the results of the 14th survey of its "Household Financial Comfort Report", taken last June. "The ME Household Financial Comfort Report provides ...

Royal Commission work impeded: Hayne

DARREN SNYDER  |  THURSDAY, 2 AUG 2018
Commissioner Kenneth Hayne has publicly recorded delays in accessing documents from IOOF ahead of the fifth round of the financial services Royal Commission, beginning August 6. In a ruling published yesterday, the Commissioner detailed that IOOF subsidiary ...

Chief economist update: Steady at 24 and counting

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2018
... (RBA) didn't disappoint when it kept the official cash rate unchanged at a record low 1.5% following its 3 July board meeting. It has been 24 months now - the longest in recent history - that the official cash rate has remained stuck at 1.5%. It ...

Chief economist update: RBA not cruising for a bruising

BENJAMIN ONG  |  THURSDAY, 21 JUN 2018
"In the current circumstances, members agreed that it was more likely that the next move in the cash rate would be up, rather than down." Reserve Bank of Australia governor Philip Lowe declared this in many of his recent speeches, the statement was ...