The
Reserve Bank of Australia increased its cash rate by 25bp at its
monetary policy board meeting today, vs. the +50bp rate hike that was
widely (though not unanimously) expected. In his accompanying
statement Governor Lowe said...
The consensus was for a 50bp rate hike from the Reserve Bank of Australia at its October monetary policy board meeting. But, nope, the Bank has gone with +25bp. Reserve Bank of Australia...
There's talk about a potential sale of the company. The board retained an investment bank, but the company had no comment. Shares have a levered beta rating of 1.02 today, meaning the...
