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Showing 1081 - 1090 of 13338 results for "Economic"

APRA probes super fund payments to unions

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
During a Senate Economics Committee session yesterday, it was revealed that APRA is investigating the financial relationships between superannuation funds and unions. APRA deputy chair Margaret Cole confirmed the regulator's ongoing scrutiny into certain ...

GQ Multifamily platform boost BTR pipeline

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
... others as it is perfectly aligned to investors focus on assets generating defensive and resilient cashflows through all economic cycle." "These through cycle structural drivers of the sector make GQ Multifamily well positioned to deliver much needed ...

Risk of recession growing: Podcast

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
AMP chief economist Shane Oliver says the risk of recession is rising alongside the Reserve Bank of Australia's (RBA) rate increases. Earlier in the week, the Australian share market rallied following the decision by US lawmakers to raise the debt ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
The Consumer Price Index (CPI) has jumped from 6.3% to 6.8%, adding to theories Australians could be in for another rate hike. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), exceeded economist predictions of ...

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
Reflecting on the board's decision to increase the cash rate by 25 basis points to 3.85% last month, Reserve Bank of Australia (RBA) governor Philip Lowe says so far, the strategy is working. Lowe told the Senate economics committee this morning that ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... important step forward, it takes the threat of catastrophic default off the table and protects our hard-earned historic economic recovery." Biden said the agreement still represents a compromise. "This means no one got everything they want," he said. ...

MA Financial establishes Singapore office

CHLOE WALKER  |  FRIDAY, 26 MAY 2023
... exposed to it," Martin said. "Also, Australia is attractive on a number of grounds. Obviously, we have relatively strong economic performance, stable political system, a well-tested regulatory and legal system at the macro level. And certainly, I think ...

Treasury proposes upping supervisory levies

ANDREW MCKEAN  |  FRIDAY, 26 MAY 2023
... million to $29.5 million. The industry faces challenges such as natural disasters, rising reinsurance costs, and an adverse economic environment, so APRA will focus on building industry resilience. The superannuation industry experienced a significant ...

Super members want free advice: Survey

KARREN VERGARA  |  THURSDAY, 25 MAY 2023
Most members believe superannuation funds have an onus to provide support and financial advice to them at no cost, a new survey reveals. About 2000 super fund members sitting on a range of income brackets surveyed by robo-adviser Otivo said they are ...

Could the anti-woke movement come to Australia?

ROSE MARY PETRASS  |  WEDNESDAY, 24 MAY 2023
... narrative that a defenestration of the industrial class is occurring through mechanisms like ESG: "woke politics through an economic backdoor", and that has reinforced the Trumpism of Republican politics in recent years. "It's unlikely here, but ...