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Showing 81 - 90 of 1247 results for "Household"

Financially stressed Aussies believe advice could improve well-being

CASSANDRA BALDINI  |  THURSDAY, 1 DEC 2022
... 16% said they felt financially stressed daily and 85% are worried about the impact of recent economic events on their household budget. According to the study, 72% of respondents believe advice would help them achieve their financial goals and 61% think ...

Super is enabling private market democratisation: PGIM

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
Superannuation funds are playing a huge role in democratising private markets, making them more accessible to retail investors, PGIM vice president, head of thematic research Shehriyar Antia told Financial Standard. "Until recently, private markets ...

Cost of retirement in lockstep with inflation: ASFA

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
... converging to pose significant inflationary challenges globally and here at home." However, despite the current pressure on household budgets, McCrea remarked that Australian retirees are in a stronger retirement position than their global peers, because ...

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... normally flow from a 25% fall in approvals," Oliver said. While recognising that the surge in energy prices has impacted household budgets, he explained that simultaneously it's provided a boost to national income through energy company earnings. "This ...

Australian housing slump marches on

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... drivers of the downturn remain: poor affordability, rising mortgage rates, some rise in new listings, a rotation in household spending from goods, cost of living pressures, and a collapse in homebuyer confidence," Oliver said. Though, he argued the biggest ...

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... (RBA) has a greater capacity to keep rates lower for longer. "This buys us time to fix some of the issues that risk household financial distress," Saxena said. "In my view, the main risk to the Australian economy is financial distress. I expect the real ...

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
... the cash rate further, against the medium-term risks associated with an increase in what were already high levels of household debt." These decisions by the board were intended to limit the build-up of financial imbalances that can cause instability ...

Austbrokers Life, Australian Unity partner

CASSANDRA BALDINI  |  THURSDAY, 20 OCT 2022
Austbrokers Life and Australian Unity Personal Financial Services (AUPFS) are partnering to offer clients access to a broader set of capabilities focused on enhancing financial wellbeing. AUPFS will deliver strategic and other support to Austbrokers ...

Household Capital partners with Genworth

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
Genworth Financial Mortgage Insurance has taken a 22% stake in home equity retirement funding provider Household Capital, concluding a $37.6 million series C capital raise. Speaking to Financial Standard, Household Capital chief executive Joshua Funder ...

Financial stability risks escalate: RBA

ANDREW MCKEAN  |  MONDAY, 10 OCT 2022
... also the case in Australia. However, the combination of higher interest rates and inflation will increase pressure on household budgets and business profitability over the period ahead." "This is likely to lead to a turn in the credit cycle, including ...