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Showing 71 - 80 of 3605 results for "inflation"

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... committees. Hauser has also held senior roles across most of the BoE's other major functions, including leading its Inflation Report, its international economic analysis, and its regional agencies' intelligence gathering. Treasurer Jim Chalmers ...

Inflation problem is homegrown: Bullock

KARREN VERGARA  |  FRIDAY, 24 NOV 2023
... Michele Bullock warned that Australians' spending habits - particularly in the services sector - are now fuelling inflation. A trip to the hairdresser and dentist, eating out, and sporting and recreational activities - are all sharply driving the ...

Small-cap shares set to soar: Flinders

CHLOE WALKER  |  FRIDAY, 24 NOV 2023
While fears of a recession and market correction, and runaway inflation have caused small-cap stocks to underperform over the past couple of years, the opportunity for growth has never been greater, according to Flinders Investment Partners (Flinders) ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... initiatives, with most benefits projected to be realised in the next financial year. However, due to prevailing high inflation, it anticipates a 10% increase in operating costs this half year, alongside a forecast one-off cost estimated to be $1 million ...

Interest rate hikes are working: Bullock

KARREN VERGARA  |  TUESDAY, 21 NOV 2023
... defended the central bank's use of monetary policy and hiking interest rates amid many challenges that looks to keep inflation at stubborn levels over the next two years. Speaking at the ASIC Annual Forum in Melbourne this morning, Bullock hailed ...

Aussie investors optimistic about returns

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
In the face of increasing inflation and global uncertainty, local investors expect positive returns in the coming year, according to Schroders' Global Investor Study 2023. Conducted between May 26 and July 31, the study surveyed over 23,950 investors ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
The quarterly Wage Price Index (WPI) jumped by 1.3% to 4% in September, beating inflation, but AMP deputy chief economist Diana Mousina says it's not economically sustainable. According to the Australian Bureau of Statistics (ABS), September's ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... ability to withstand an economic downturn. Operating expenses also rose over $2 billion (5.7%), comparable to overall inflation for the year. PwC mentioned that this mirrors the delayed impacts of a prior year marked by exceptionally high inflation ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... and geopolitical tensions," he said. Elliott explained that ANZ carefully managed costs to partially offset the high inflation environment while continuing to invest in initiatives to set the bank up for sustainable long-term success. The investments ...

Insurers drop allocation to risk assets: Research

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... insurers reviewing their investment strategy expressed the most significant concerns as increasing interest rates (61%), inflation (58%), and evolving forward-looking expectations (50%). The report clarified that 90% of insurers mentioned the economic ...