The central bank strategy of implementing negative interest rates in order to coerce banks to lend money and stimulate the economy has arguably not worked. Global aggregate demand has remained weak and borrowers have been reluctant to borrow and invest. Levying a charge on banks depositing excess funds with the central bank, that is, using a negative interest rate, has meant the profitability of banks has also come under considerable...
| Domestic Income Funds | Yield* | Assets |
|---|---|---|
| Coolabah Floating-Rate High Yield (Mngd)-Ast Inv | 9.19% | Alternative Fixed Income |
| Coolabah Short Term Income (Managed) | 5.42% | Alternative Fixed Income |
| Coolabah Short Term Income-Assisted | 5.82% | Alternative Fixed Income |
| Coolabah Short Term Income-Direct | 5.42% | Alternative Fixed Income |
| Finexia Childcare | 10.00% | Childcare Credit |
| Finexia StayCo | 10.00% | Accommodation |
| SocietyOne Personal Loans Trust | 6.87% | Private Creadit |
| Aura Core Income Fund | 7.88% | Private Credit |
| Aura Private Credit income Fund | 8.85% | Private Credit |
* ANNUALISED INCOME DECLARED OVER PAST 3 MONTHS AT 1 FEB 24