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Showing 31 - 40 of 1247 results for "Household"

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
Pacific Equity Partners (PEP) will finance Household Capital, a reverse mortgage lender, to address the retirement funding and housing needs of senior Australians. PEP is investing in a financing layer of Household Capital's funding structure, alongside ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... business. "For the first time this year, department stores, clothing, footwear and accessories and other retailing joined household goods in the realm of a year-on-year spending decline," he said.

RBA sustains cash rate at 4.1%

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... Overall, the economy is experiencing a period of "below-trend growth" that is expected to continue for a while. Weak household consumption and dwelling investments are some of the forces dampening activity. "Conditions in the labour market remain very ...

Tax miners, major corporates to tackle housing shortage: CFMEU

JAMIE WILLIAMSON  |  TUESDAY, 25 JUL 2023
... to a private party, that party will pay its full value." At the same time, some negative impact could be felt at the household level, with these kinds of companies typically paying strong dividends to shareholders. "The enormous scale of Australia's ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... the August meeting, the RBA said it will have additional data on inflation, the global economy, the labour market, and household spending, as well as an updated set of staff forecasts and a revised assessment of the risks. "Members reaffirmed their determination ...

TelstraSuper MySuper delivers 9.34%

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
Buoyed by the local and global share markets and defying periods of volatility, TelstraSuper's MySuper Balanced option delivered 9.34% in the 2023 financial year. Chief investment officer Graeme Miller said the last financial year provides another example ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... get us to where we need to be," he said. Talking through his rationale, Jones said many members make decisions as a household, not as an individual. Such decisions range from purchasing a home to getting married to a partner retiring. "How does any income ...

Mercer appoints three new directors

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
... and government sectors globally. His past positions include serving as vice chair of J.P. Morgan and as a director of Household Capital, a financial services firm providing longevity income to senior Australians. Marsh McLennan Pacific chief executive ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... contributors driving inflation were housing which was up 8.4%, food and non-alcoholic beverages up 7.9%, and furniture, household equipment and services up 6%. Partly offsetting the rise was a fall in fuel, down 8%. HSBC chief economist Paul Bloxham ...

US recession possible, but recovery would be strong: Capital Group

CHLOE WALKER  |  THURSDAY, 22 JUN 2023
Despite an eventful first half of the year, the US economy has been surprisingly resilient, according to Capital Group economist Robert Lind. Addressing the audience at Capital Group's global mid-year investor outlook presentation, Lind said this is ...