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Showing 31 - 40 of 3397 results for "interest rates"

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
Interest rates will continue to be a driving force behind client conversations in 2024 as financial advisers remain agile regardless of whichever direction they will go. The rapid upward trajectory of interest rates - from 0.10% in April 2022 to today's ...

Volatility an opportunity for skilled active managers: GSFM

ANDREW MCKEAN  |  WEDNESDAY, 24 JAN 2024
... underestimated, Miller pointed to several structural factors that could be inflection points, such as higher neutral interest rates, because of a big budget deficit in the US, and retiring baby boomers depleting their savings. He also cited more involved ...

Future Fund soars to $272.3bn

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
... negative returns. Then risk assets rallied strongly in the final quarter of the year, fuelled by speculation that interest rates have peaked and will soon be cut by central banks," he said. Among the investment changes made during 2023, the fund moderately ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... year-over-year in 2022 to 2.1% in the second quarter of 2023, attributing this to persistent inflation and elevated interest rates which have raised the cost of living and resulted in declining real wages. Inflation eased to 5.4% in the third quarter ...

ME Bank fined $820k for misleading borrowers

CHLOE WALKER  |  MONDAY, 22 JAN 2024
... December 2016 and 23 February 2018, ME Bank also neglected to send letters to certain customers regarding changes in interest rates and minimum repayment amounts after the expiration of an interest-only or fixed-rate period. The bank pleaded guilty to ...

Market performance fails to sway retirement confidence: State Street

ANDREW MCKEAN  |  FRIDAY, 19 JAN 2024
... annuities has softened since 2022," State Street said. "It isn't clear whether this softening is due to higher interest rates, or education or some other factor, but it does augur well for trustees looking to include longevity products in holistic retirement ...

Bond ETFs poised for growth in 2024: Vanguard

ANDREW MCKEAN  |  THURSDAY, 18 JAN 2024
Bond ETFs attracted a surge of interest from Australian investors in 2023, as rising interest rates made fixed income allocations more appealing, according to data released by the ASX and Vanguard. Australian bond ETFs received $3.81 billion in cash ...

Macquarie consortium bids for technology firm

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... notes that, since the company was listed, an uncertain macroeconomic environment, including higher inflation and interest rates, has led to a significant change in capital market sentiment regarding companies exposed to the construction industry," the ...

Experts expect the RBA to hold: Finder

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... this scenario, the RBA starts moving in August 2024, with a total of 250 basis points of cuts, to below neutral interest rates."

AFCA reports unprecedented complaint spike

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
... between 2022 and 2023. They continue to be of great concern to us. "We are also seeing the impact of increased interest rates and cost of living pressures, with complaints involving financial hardship also significantly higher." Though there were also ...