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Showing 81 - 90 of 342 results for "official cash rate"

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... strengthen household spending going forward. I for investment. Reduced borrowing costs for businesses (lower official cash rate) could encourage increased capital expenditure - evident in the 14.9% increase in capex intentions for 2019/20 in estimate ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
As widely expected, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.0% at its September meeting. Operative phrase: "as widely expected". You, I and Irene can wax pedantic about some changes in RBA governor Philip Lowe's ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... private borrowing and therefore, lift interest rates - doesn't apply to the current environment" where the official cash rate is heading to zero. Australian total private new capex fell by 0.5% in the second quarter following a 1.3% decline in the ...

Boutique launches new fund

KARREN VERGARA  |  MONDAY, 26 AUG 2019
... Yield Fund, which launched on August 1, aims to provide investors with a return of 4% per annum above the RBA official cash rate. The fund typically allocates to cash, fixed income-type securities, and trusts investing in direct property or mortgages ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... dollar's competitiveness and mitigate the headwinds from a slowing global economy... even if it means taking the official cash rate to zero.

Chief economist update: Race to the bottom redux

BENJAMIN ONG  |  THURSDAY, 8 AUG 2019
... three cut interest rates, all three policy decisions a surprise. The Reserve Bank of New Zealand (RBNZ) cut the official cash rate by 50 bps to a new record low of 1% at its August meeting. This is bigger than market expectations for a 25 bps reduction ...

Chief economist update: RBA heading to zero

BENJAMIN ONG  |  WEDNESDAY, 7 AUG 2019
... all these uncertainties together (and Murphy's Law and Trump), it wouldn't be surprising to see the official cash rate at or near zero per cent next year. A bit extreme perhaps, but this time last year no one expected the Fed to cut interest ...

Government reduces deeming rates

KARREN VERGARA  |  MONDAY, 15 JUL 2019
... first round of rate cuts from 1.5% to 1.25%. It immediately followed with another cut in July, slashing the official cash rate to 1%. The Council on the Ageing chief executive Ian Yates said reductions in the cash rate have impacted the interest paid ...

Chief economist update: A case for optimism

BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
... structures, equipment and more importantly, staff that'll lead to higher unemployment, consumer pessimism... Zero official cash rate here we come. However, note that monetary policy operates with a lag. In Australia, it takes about 12-18 months changes ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... reason for optimism and justifies the central bank's follow-up rate 25 bps rate cut in July, that took the official cash rate to a new all-time low of 1.0%. NAB's 'Key Messages from the Survey' says it all: "Overall, the survey results ...