Close
Leave Feedback
Welcome to the new btim.com.auTake a two minute tour to see what we've changed
Hi there! Welcome to the new look Pendal website... Take a two minute tour to see what we’ve changed.
Mainstream Online Web Portal
LoginInvestors can view their accounts online via a secure web portal. After registering, you can access your account balances, periodical statements, tax statements, transaction histories and distribution statements / details.
Advisers will also have access to view their clients’ accounts online via the secure web portal.
The Point
Quick, actionable insights for investors
Income and Fixed Interest
Tim Hext: What GDP is really saying about inflation and rates
How bonds can drive gender equality
Quick view
How bonds can drive gender equality
Tim Hext: Is inflation signalling another rate hike?
Quick view
Tim Hext: Is inflation signalling another rate hike?
Tim Hext: Government bonds offer value after February rate hike
Quick view
Tim Hext: Government bonds offer value after February rate hike
Tim Hext: What inflation signals for next rate move
Quick view
Tim Hext: What inflation signals for next rate move
Why collaborating is key to climate change
Quick view
Why collaborating is key to climate change
Murray Ackman: How a desire for change is driving interest in green bonds
Tim Hext: What’s causing an ongoing spike in inflation
Quick view
Tim Hext: What’s causing an ongoing spike in inflation
Employment stronger, market almost abandons rate cuts
Quick view
Employment stronger, market almost abandons rate cuts
The latest monthly unemployment data should all but seal an August rate cut, says Pendal’s Tim Hext.
Unemployment jumped to 4.3% in June – the highest rate since late 2021. Only a massive inflation surprise for the June quarter – due out next Wednesday – would stop an August rate cute, says Tim.
But is the June jobs data just noise or the start of a new, upward trend?
We won’t see further ABS jobs data until after next month’s RBA meeting.
But Tim notes that rapid growth in “non-market” jobs (mainly education and healthcare) has masked softer growth in “market” jobs for some time.
“There are signs this non-market job growth may be slowing, so unemployment may drift a bit higher into the end of year.
“However, forward indicators such as job vacancies and NAB’s monthly business survey do not suggest a sharp or rapid rise.”
Tim goes into detail here
Amy Xie Patrick: How to build defensiveness that protects and performs
Quick view
Amy Xie Patrick: How to build defensiveness that protects and performs
X
Tim Hext: No rate cuts for now, but still likely in February
Quick view
Tim Hext: No rate cuts for now, but still likely in February
Tim Hext: ‘Stagflation-lite’ is making the RBA’s job harder
Quick view
Tim Hext: ‘Stagflation-lite’ is making the RBA’s job harder
Loading posts...
Loading posts...