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Showing 1011 - 1020 of 6261 results for "Cash"

QIC braces against recession risks

ELIZABETH FRY  |  FRIDAY, 12 AUG 2022
... Fed starts cutting again in early 2023. "That sounds like a plausible scenario, but there are risks around the forecast of cash rate paths," she warns. "There is a risk that inflation is proving stickier than the consensus currently has priced, and the ...

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... inflation becoming entrenched is still high against the backdrop of a tight labour market." She predicts the Fed will hike the cash rate by 50bps or 75bps at its next policy meeting in September.

AMP to return $1.1bn to shareholders

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
Despite seeing its net half-year profit drop about 25%, AMP has commenced a $350 million buyback and plans to return a further $750 million to shareholders. Releasing its first-half results this morning, AMP said it has made significant progress towards ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
Commonwealth Bank (CBA) reported its cash net profit has risen 11% to $9.6 billion and its net profit increased 9% to $9.7 billion since last year. The banking giant said home loans, up 7.4%, contributed to the strong earnings as well as growth in core ...

Cash was king in FY22: Vanguard

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
The only asset class to generate a positive return in FY22 was cash - a title it hasn't held since the Global Financial Crisis. Vanguard has released its 2022 Index Chart, capturing every major asset class over the last 30 years. The data shows ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
... Morgan consumer confidence levels dropped after the RBA raised interest rates for the fourth straight month, increasing the cash rate by 0.5% to 1.85%. ANZ head of Australian Economics David Plank commented: "Consumer confidence declined 4.5% last week ...

EG private wealth syndicate sells off industrial site

CHLOE WALKER  |  WEDNESDAY, 10 AUG 2022
... delivering some mispriced or undervalued opportunities. "My focus per product is really looking at what is going to deliver good cash yield income for our investors as well as utilising the EG skills and improving the asset values for our investors to ...

Aussie investment habits improving: Superhero

CHLOE WALKER  |  WEDNESDAY, 10 AUG 2022
... a certain amount of money each week or month to invest. A further 32% of Superhero investors invest when they have spare cash and 21% said they invest when they see an opportunity in the market. "With nearly half our Superhero investors being regular ...

NAB falls after cost growth revision

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
... payroll and customer related remediation provisions of $60-100 million for existing matters. Nevertheless, NAB posted unaudited cash earnings of $1.8 billion in its 3Q22 trading update. It also reported a 6% increase in cash earnings growth from the ...

How Australians are losing retirement returns

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
... cost of living pressures and poor super returns, Banney acknowledged that many people may be tempted to pocket the extra cash rather than salary sacrifice. However, she added: "If you can afford it, sacrificing even just $100 or $200 each month will ...