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Showing 1031 - 1040 of 11414 results for "Rate"

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... quarter, outpacing the 0.8% increase in June, prompting GSFM investment strategist Stephen Miller to label an upcoming interest rate adjustment by the Reserve Bank of Australia (RBA) on Melbourne Cup Day as near certain. Miller pointed out that the most ...

CFA final exam pass rate declines

CHLOE WALKER  |  THURSDAY, 26 OCT 2023
... candidates who sat for the Level III CFA exam in August, just under half (47%) passed. This is below the 48% and 49% pass rate for those who sat the Level III exam this past February and August of last year, respectively. It is also lower than the 10-year ...

EG grows private wealth strategy

CHLOE WALKER  |  THURSDAY, 26 OCT 2023
... private credit boom shows no signs of slowing down, as fund managers swoop in on the opportunities a rapidly rising interest rate environment presents. "As lending declines from the major banks, we have recognised a funding gap within the market," Walt ...

Australian farmland values in decline: Report

CHLOE WALKER  |  TUESDAY, 24 OCT 2023
Australian farmland values have reached an inflection point in 2023 following a sustained period of strong growth, according to Rural Bank's latest report. In collaboration with Digital Agricultural Services (DAS), Rural Bank's Australian Farmland Values ...

Macquarie breaks into top 50 fund manager list

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
Macquarie Group broke into the world's top 50 largest fund manager rankings with US$543 billion in assets, making it the only Australian fund manager on the list. The latest analysis by the Willis Towers Watson's Thinking Ahead Institute shows ...

HUB24 farewells longstanding chair

CHLOE WALKER  |  TUESDAY, 24 OCT 2023
... administration (FUA) increased from $150 million to now over $80 billion, and revenue has grown at a compound annual growth rate of 62% over the past decade," Higgins said. Higgins will officially retire from the board at the conclusion of the HUB24 ...

CFS Edge adds 25 managed accounts to menu

STAFF WRITER  |  MONDAY, 23 OCT 2023
... single sector portfolios in Australian shares, international shares, real assets, alternatives, and long duration and floating rate portfolios. There are nine diversified portfolios from Drummond Capital now available. These are Direct 50, 70 and 90 ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... organisations in its report. One unnamed life insurer blamed its old policy administration system for failing to communicate premium rate increases to customers over several years that impacted four different policies. Insurers must notify policyholders ...

Pepper Money launches SMSF loan offering

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... observed that, even though a client's existing SMSF might be managing the loan, many are not informed about the interest rate they are currently on. "This set-and-forget mentality could mean some clients are on a rate without questioning it," he ...

Inflation data not encouraging: Powell

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... Nevertheless, Powell said, the historical data indicates that achieving a return to the Federal Reserve's inflation target rate is likely to require a period of below-trend growth and some further softening in labour market conditions. He went on ...