The Bendigo Bank (ASX:BEN) share price has outperformed the big four
Brooke Cooper | May 14, 2021 3:13pm |
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Since this time last year, shares in
Bendigo and Adelaide Bank Ltd(ASX: BEN) have performed better than those in Australia’s big four banks. The Bendigo Bank share price has gained 82.62% over the last 12 months.
That’s an ever-so-slightly superior result than the best performing of the big four banks,
Australian and New Zealand Banking Group Ltd(ASX: ANZ), and notably better than the other three banks. The ANZ share price has gained 82.05% since 14 May 2020 and the other three majors have each gained between 65% and 71%.
Forrester: Unique customer obsession expression key to growth
Forrester VP and principal analyst for CMOs looks at the framework behind being customer obsessed, why it pays dividends, and how you can make it suit your brand
Customer obsession is the end-to-end organisational approach companies should be embracing to help them make the choices that ensure today’s economic climate is one of the best of times, rather than the worst.
That’s the view of Forrester VP, principal analyst for CMOs, Shar VanBoskirk, who spoke at today’s Forrester CX APAC virtual summit on the distinguishing features of customer obsession over traditional customer experience management, and how brands can better build this muscle in a way that matches the values and needs of their distinct customer bases.
RBA makes May cash rate announcement
By Maja Garaca Djurdjevic
04 May 2021
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1 minute read
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The Reserve Bank of Australia has made its May call on the official cash rate, with the economy said to be a long way from the conditions needed to precede a rate rise despite concerns about rising house prices.
In line with expectations, the RBA has held the cash rate at a record-low 0.1 of a percentage point.
“At its meeting today, the board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield on the three-year Australian government bond, as well as the parameters of the term funding facility and the government bond purchase program,” the RBA said.
RBA announces cash rate decision for May smsfadviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smsfadviser.com Daily Mail and Mail on Sunday newspapers.
The RBA has left interest rates on hold at 0.1% – and a strongly rebounding economy means that s unlikely to change any time soon Jack Derwin RBA Governor Philip Lowe is upbeat on the Australian economy. (Image by Christopher Pearce, SMH)
The Reserve Bank of Australia (RBA) has kept the official cash rate on hold at 0.10% at its May meeting.
While the RBA is now forecasting a stronger recovery and full employment to be achieved in two years, it isn t expected to touch interest rates for a few years yet.
Economists believe though it will begin to soften its language later this year, with the RBA unlikely to keep its word of making it to 2024 without a hike.