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Banks entering uncharted waters

The major bank reporting season kicks off in May. For the three banks reporting Morgans forecast 1H15 cash EPS growth of 3.0% on pcp, and DPS growth of 4.4%. On aggregate they expect margins to be off 4bps sequentially, and the…

Reserve Banks lowers cash rate

Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.0 per cent, effective 6 May 2015. The global economy is…

Reserve Bank leaves rates on hold

Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 2.25 per cent. Growth in the global economy continued at a moderate pace…

Reserve Bank lowers rates

Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.25 per cent, effective 4 February 2015. Growth in the global…

Christmas Tax Savings Tips

OK, we know tax is not the most exciting thing to think about in the lead up to Christmas. But these are the questions we get asked all the time, and if you are familiar…

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