Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 665 results for %22CPI%22

RBA considers impact of climate on monetary policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
... prices have a sizeable direct impact on inflation, with retail electricity and gas prices accounting for around 3% of the CPI basket," she said. "There are also indirect effects, as businesses can be expected to gradually pass on higher energy costs ...

ASFA, Super Consumers Australia revise retirement standards

CHLOE WALKER  |  MONDAY, 28 AUG 2023
... taking the annual increase to 6.1%. This is just slightly higher than the 6.0% increase in the general Consumer Price Index (CPI). "Retiree budgets have been under substantial pressure for nearly two years due to high costs of essential goods and services," ...

Earnings, profits down at Charter Hall

CHLOE WALKER  |  MONDAY, 21 AUG 2023
The fund manager has reported operating earnings of $441.2 million for FY23, down about $100 million from the year prior. Its statutory profit after tax was $196.1 million, down a significant 78.5% on the previous year. Full year distributions totaled ...

US inflation rises 3.2%

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... find that soaring prices are finally moderating. According to the US Bureau of Labor Statistics, the Consumer Price Index (CPI) rose 0.2% in July on a seasonally adjusted basis year on year. On a month-by-month basis, food prices rose 0.2% in July, while ...

Barwon snaps up $124m of healthcare assets

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
... 60 car parks. Sonic Healthcare's Castlereagh Imaging is the anchor tenant, and over 85% of the property's income is CPI-linked. Barwon head of healthcare property Tom Patrick said: "We are delighted to welcome Mons Road Medical Centre to our ...

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... investment strategy allocates 60% to growth assets and 40% to defensive assets, with an objective of achieving returns of CPI plus 2%. Reflecting on the significance of the industry-first initiative, Hejaz Financial Services co-founder Muzzammil Dhedhy ...

Charter Hall REIT cops $198m loss

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... balance driven by acquisition activity". "The portfolio enjoys strong rental growth as a result of the high proportion of CPI-linked leases, high levels of occupancy and quality of tenants. CLW's portfolio remains well positioned to continue to deliver ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... core PCE prices rose 4.6%," he explained. He further mentioned that in June, the 12-month change in the Consumer Price Index (CPI) was recorded at 3.0%, and the change in the core CPI stood at 4.8%. "Inflation has moderated somewhat since the middle ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
The Consumer Price Index (CPI) has softened to 6%, however a further rate hike in August is not off the table. The Australian Bureaus of Statistics (ABS) said headline inflation was lower than the 7% annual rise in March, marking the second consecutive ...

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... not affected by stock markets downturns or other global catastrophes such as wars. "Risk businesses generally move up with CPI, which is about 5% per annum at the moment," he said. The sharp increase in global inflation has been largely driven by government ...