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Showing 1021 - 1030 of 13338 results for "Economic"

Fitch downgrades US credit rating

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
... fiscal framework, unlike most peers, and has a complex budgeting process," Fitch said. "These factors, along with several economic shocks as well as tax cuts and new spending initiatives, have contributed to successive debt increases over the last decade. ...

RBA sustains cash rate at 4.1%

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... between supply and demand in the economy and will continue to do so. "In light of this and the uncertainty surrounding the economic outlook, the board again decided to hold interest rates steady this month. This will provide further time to assess the ...

FinClear buys cash investment platform

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2023
... benefits to our clients. "Enhanced cash management capabilities have become a core requirement for our clients given current economic conditions and we look forward to collaborating with Bill Keogh and his team to scale this offering and take advantage ...

Goldman Sachs launches global infra feeder fund for Aussie investors

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
... attractive risk-adjusted returns make infrastructure a particularly compelling asset class in the current context of economic headwinds, heightened uncertainty, and high inflation." According to Camu, Australian clients have shown a particular interest ...

AZ NGA acquires stake in Sydney advice firm

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
AZ NGA has acquired an economic interest of 42% in Foster Raffan iPlan, to support the business in its growth and expansion endeavours. Based in North Sydney, Foster Raffan iPlan specialises in wealth management and retirement planning and is led by ...

CFOs look to hire in second half: Survey

CHLOE WALKER  |  FRIDAY, 28 JUL 2023
... factors are influencing hiring decisions, company performance (35%), the availability of qualified candidates (24%), economic forecasts (24%) and company growth (22%) were among the top responses. What's more, only 8% of chief financial officers foresee ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... still a strong pace. The unemployment rate remains low, at 3.6%," he said. He further noted that rent indicators suggest economic activity has been expanding at a moderate pace. While housing activity in the sector has picked up but remained well below ...

BTR may create generation of tenants: Podcast

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... housing affordability and align with local perspectives on long-term renting. "The key element for Australians is the economic wealth that gets generated out of property," he said. "Are super funds now just creating a generation of tenants and not enabling ...

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 ...

Recession risk is receding: Natixis IM

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
Thanks to a robust start to the year, economists and investment strategists are feeling more confident that a recession won't take place in the second half, according to a recent survey by Natixis Investment Managers (Natixis IM). The survey, conducted ...