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Showing 1 - 10 of 665 results for %22CPI%22

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... AvSuper wrote to these members. As an example, the AvSuper Growth option aims to achieve a return after fees and tax above CPI over rolling 10-year periods by 3.5% p.a. These members will be aligned to ART's Balanced option, which aims to return ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
... for Life research, found the products are currently far too expensive to do so. The analysis found that a 25-year fixed term CPI-indexed annuity paying a retirement income stream equivalent to the Age Pension would cost more than $500,000. The same annuity ...

Teals will push for super tax indexation: Burgess

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... indexation," he said. Providing input as to the amendment, the association has proposed it be linked to the consumer price index (CPI). "Of course, there are lots of different ways that you could index this CPI, but we've chosen that method because ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... pace of inflation decline in Australia. Notably, Australian Bureau of Statistics data from last week revealed that the annual CPI inflation rate decelerated to 4.1%, down from the peak of 7.8% in December 2022. Bloxham further emphasised that a larger ...

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
... insurance and financial services (up 8.8%), and alcohol and tobacco (up 6.4%) were the main drivers of the annual increase. "CPI inflation is often impacted by items with volatile price changes like automotive fuel, fruit and vegetables, and holiday ...

Hostplus ups fees on socially responsible option

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... Hostplus said. In the year to June 30, the option achieved a return of 7.85%. Its return target is rather conservative at CPI plus 3% over 20 years. The fund said new investments are also a factor. "In our commitment to continually improve your investment ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... information" received on the domestic economy since the November meeting has been in line with expectations. She said the monthly CPI indicator for October suggests that inflation is continuing to decrease, mainly due to the goods sector. However, she ...

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
The Consumer Price Index (CPI) dropped faster than economists anticipated, coming in at 4.9% in October, a decline from 5.6% in September. The Australian Bureau of Statistics (ABS) said the decline represents the third consecutive quarter of lower annual ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... economic outlook. The report, written by UBS economists George Tharenou and Nic Guesnon, noted while the consumer price index (CPI) is well above the RBA's target, underlying inflation pressure remains evident. "Headline CPI in the third quarter of the ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... quarterly basis, however, inflation climbed 1.2% in the third quarter, outpacing the 0.8% increase in June. "The latest reading on CPI inflation indicates that while goods price inflation has eased further, the prices of many services are continuing ...
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