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Showing 1 - 10 of 45 results for "David Bassanese"

RBA hikes rates, suggests more to come

ELIZA BAVIN | WEDNESDAY, 6 MAY 2026

... than we have been assuming and that this could force the RBA to have to hike further." Betashares chief economist David Bassanese said the rate hike was expected and suggested another rate hike may do more harm than good. "Although central banks often ...

US, Iran agree to cease fire, outlook remains 'uncertain'

MATTHEW WAI | WEDNESDAY, 8 APR 2026

... shouldn't vary too much away from the average stock that is down about 15%. However, Betashares chief economist David Bassanese said, despite Trump's ultimatum on Iran, the market reaction was more "muted" than previously seen, adding the pattern is ...

Inflation remains firm, May rate hike still in play

ELIZA BAVIN | THURSDAY, 26 MAR 2026

... now held at 3.3% for the past three months. While that may seem like positive news, Betashares chief economist David Bassanese said the data does not necessarily mean inflation is easing. "As the RBA has long argued, the monthly CPI reports can be volatile ...

Chalmers looks to shore up fuel supply as Iran war continues

ELIZA BAVIN | MONDAY, 23 MAR 2026

... those who violate our soil. We firmly confront delirious threats on the battlefield." Betashares chief economist David Bassanese said there is now a very real risk of a major surge in risk-off sentiment, adding that hopes for a Trump TACO moment - meaning ...

Another RBA hike in May 'not a done deal'

ELIZA BAVIN | WEDNESDAY, 18 MAR 2026

... under a wide range of possible scenarios could add to global and domestic inflation." Betashares chief economist David Bassanese said the board's differing views "suggests a rate hike at the next policy meeting in May is not a done deal." Bassanese added ...

ASX loses $100bn as Iran war escalates

ELIZA BAVIN | MONDAY, 9 MAR 2026

... disruptions in the Strait of Hormuz; a critical checkpoint for the world's oil supply. Betashares chief economist David Bassanese said with oil unable to flow through the Strait of Hormuz, supplies are becoming more limited. "Unable to ship product and ...

GDP rise is 'good news that's actually bad news'

ELIZA BAVIN | WEDNESDAY, 4 MAR 2026

... "This should calm the RBA's fear of an inflationary wage-price spiral." Meanwhile, Betashares chief economist David Bassanese said the GDP data would not be enough to justify an immediate rate hike. "Overall, despite the stronger than expected 0.8% gain ...

Trump hit by Supreme Court's 'body blow', strikes back with 15% global tariff

RIDDHIMA TALWANI | MONDAY, 23 FEB 2026

... their backbone in the same way that a majority of Supreme Court judges have done," Betashares chief economist David Bassanese said. Under the Supreme Court ruling, tariffs imposed for fentanyl trafficking and reciprocal tariffs imposed on most trade ...

Jobs rise in line with expectations, RBA hike still likely

ELIZA BAVIN | THURSDAY, 19 FEB 2026

... hike, while a downside surprise is unlikely to meaningfully alter current pricing." Betashares chief economist David Bassanese said the "solid gain" in employment following the strong rise in December confirms the labour market is positive news. "The ...

Inflation 'uncomfortably high' as it rises to 3.8%

ELIZA BAVIN | WEDNESDAY, 28 JAN 2026

... which historically has been one of the hardest components to bring back under control." Betashares chief economist David Bassanese said the inflation figures have all but guaranteed two rate hikes this year, with the first likely coming in February. ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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