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Showing 1 - 10 of 325 results for "Official Cash Rate"

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... the cost of debt, which is borne by the budget," said Burshtein. Using the Reserve Bank of Australia's official cash rate of 4.1%, Burshtein said the fund would need to generate 4.1% returns after costs to just break even. "... and to break even ...

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
The Reserve Bank of Australia (RBA) has hiked rates by another 25 basis points to bring the official cash rate to 4.1%. Many experts fear that Australia is teetering on the edge of a recession and that the latest decision by the nation's central bank ...

RBA set to lift the cash rate again

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
... analyst Daniel Moss commented: "Governor Phillip Lowe and his colleagues at the RBA are expected to raise the official cash rate by 25-basis points at their last meeting of 2022, bringing the benchmark interest rate to 3.1% - the highest levels in over ...

Challenger launches new alternatives fund

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... reflects Challenger's ability to offer competitive rate annuities, in an environment where the RBA is raising the official cash rate. For many retirees and savers, this offer could be attractive, particularly when compared to other defensive assets." ...

RBA lifts rates, lifts markets

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
... point love tap to the chin rather than the expected 50 basis point haymaker to the side of the head, taking the official cash rate to 2.6%." Resultantly the ASX 200 rocketed up 3.75%, the biggest stock market rally in two years. However, Rundell said ...

Challenger offers new fixed term annuity

CASSANDRA BALDINI  |  THURSDAY, 8 SEP 2022
... ability to offer competitive rate annuities, in an environment where the Reserve Bank of Australia is raising the official cash rate," he explained. "For many retirees and savers, this offer could be attractive, particularly when compared to other defensive ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... once said Australia's inflation was transitory. Barclays expects the RBA to hike aggressively until the official cash rate reaches 2%. After the cash rate reaches this minimum 2% floor, Barclays forecasts that the bar for further increases will be ...

Chief economist: Is this a buy op?

BENJAMIN ONG  |  FRIDAY, 25 FEB 2022
... the Reserve Bank of Australia (RBA) by much more than expected. Financial markets expect the RBA to lift the official cash rate by as much as 100 basis points this year, starting as early as May. Australia could ride the wave of higher commodity prices ...

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
... first increase in interest rates since June 2014 was quickly followed with another 25 bp increase in the RBNZ's official cash rate to 0.75% at the conclusion of its 24 November meet, explaining that, "Global supply-chain disruptions are causing both ...

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
... reasons. The Reserve Bank of New Zealand (RBNZ) started proceedings at its 6 October meeting when it doubled the official cash rate from 0.25% to 0.5% -- the first rate hike since June 2014 - in order to "maintain low inflation and support maximum sustainable ...
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