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| | | Australia should be able to evade a recession, despite the high inflationary environment, AMP's Shane Oliver says. Amid dire, bleak, and gloomy economic outlooks, Oliver - AMP's head of investment strategy, economics, and chief economist - said if further ... |
| | | | At the Reserve Bank of Australia (RBA) board dinner, governor Phillip Lowe expressed that interest rates will need to go higher to bring inflation back to target. After a seventh straight rate rise, whereby the bank lifted the interest rate to 2.85% ... |
| | | | According to UNSW Business School associate professor Konark Saxena, the probability of a US recession is about 75%, possibly impacting several macroeconomic indicators. To bring down inflation, the US Federal Reserve must increase interest rates until ... |
| | | | Grattan Institute has warned the government against watering down the Your Future, Your Super reforms, saying it should instead focus on implementing the remaining recommendations of the Productivity Commission. In its submission, Grattan Institute ... |
| | | | ... surprise but, in reality, a move to 50 basis points would mean a sharp U-turn in thinking from the RBA," Solomon said. "Governor Lowe is intent on allowing effects from prior hikes to flow through to main street. He's acutely aware that many mortgages ... |
| | | | Hostplus has awarded Bell Asset Management a $500 million global small and mid-cap equity mandate. Hostplus chief executive David Elia said: "Bell's strong long-term performance record, the quality of the team and a disciplined investment approach ... |
| | | | The Future Fund produced a return of -0.6% for the first quarter of the financial year, while developed listed markets fell 5.2%. The sovereign wealth fund's assets under management (AUM) are now $193 billion, falling by $1.25 billion over the quarter. ... |
| | | | Australia has been ranked the seventh most financially inclusive market out of 42 around the globe. Principal Financial Group's Global Financial Inclusion Index, conducted by the Centre for Economics and Business Research, is built around three pillars ... |
| | | | Vanguard Australia welcomes John Oberlies to its Melbourne office as chief financial officer, as it also announces it will eliminate brokerage fees on ETFs. Oberlies will relocate from Vanguard headquarters in Malvern to join the Australian executive ... |
| | | | Access to affordable housing is at the core of the Federal Budget, including a new national Housing Accord struck between the government, institutional investors, and industry to help tackle the growing issue. Under the Housing Accord, one million new ... |
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