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Showing 121 - 130 of 8076 results for "Lower"

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... non-alcoholic beverages (+4.4%), and insurance and financial services (+8.8%). It said the annual increase for housing was lower than 7.3% in July and flagged that new dwelling prices rose 4.8%, which is the lowest annual rise since August 2021. Rent ...

Betashares carves slice of superannuation pie

CHLOE WALKER, JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
Marking its entry into the industry, Betashares is set to acquire Bendigo and Adelaide Bank's superannuation business, in a move labelled great news for consumers. The ETF provider will buy Bendigo Superannuation, taking on its $1.4 billion in funds ...

AMP challenges BOLR court ruling

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
... consultation, cut the amount it would pay exiting AMP advisers for their businesses from 4x recurring revenue to 2.5x, and an even lower multiple for grandfathered commissions, the TAA said. "Justice Moshinsky also found that AMP's treatment of the ...

Qantas Super confirms merger plans

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... with equivalent rights to benefits they currently have in Qantas Super. We would also seek to improve member services and lower fees and costs," chief executive Michael Clancy said. "I'm looking forward to leading our exceptional team as we work ...

TAL offers super funds financial literacy tools for employers

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... wellbeing," he said. "Our research shows that increasing an employee's financial literacy is one of the best ways to help them lower their financial stress, which is in line with what we're seeing elsewhere around the world. This represents a real opportunity ...

Don't believe inflation hype, says Pendal

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
... contracts that matched pay to inflation." Today, things are very different, he noted. The rate of economic growth is three times lower than it was then, the US is no longer energy dependent, and unionisation isn't as common. Ge said the way central banks ...

No bubble risk in Sydney housing market: UBS

CHLOE WALKER  |  THURSDAY, 21 SEP 2023
... levels. "Further downside is limited though, as foreign demand has been improving," UBS said. "Amid robust rental growth and lower household leverage, imbalances declined sharply. The market is classified at the lower end of the overvalued territory." ...

Launch of new superannuation body imminent

JAMIE WILLIAMSON  |  TUESDAY, 19 SEP 2023
... workforce itself are changing, as are patterns and expectations in retirement. As many members' balances grow, those in lower paid or less secure work risk being left behind," she said. "The long-term interests of millions of Australians will be ...

Australia sees modest uptick in HNWIs: Study

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... year. This segment also saw the highest proportion of inflows to outflows, with 21% of this year's cohort graduating from a lower wealth bracket. Interestingly, those who made substantial changes to their portfolio over the last 12 months were vastly ...

ECB raises rates to record high of 4%

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
Overnight, the European Central Bank (ECB) raised interest rates by a further 25 basis points to a historical peak of 4%, saying inflation is simply still too high. The governing council remains determined in its efforts to drag inflation back down ...