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Showing 1081 - 1090 of 11414 results for "Rate"

ECB raises rates to record high of 4%

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... inflation back down to its 2% medium target as soon as possible, it said. It also acknowledged that the tenth consecutive rate increase in the Euro region signals a commitment to that goal and factors in an outlook of sticky inflation. The ECB said its ...

Adviser exam records 73% pass rate

JAMIE WILLIAMSON  |  FRIDAY, 15 SEP 2023
The latest sitting of the financial adviser exam returned a 73% pass rate. The August sitting saw 205 candidates attempt the exam. Of these, 150 passed. About 72% of the candidates were sitting the exam for the first time, ASIC said. The 150 candidates ...

HESTA pumps $100m into BTR project

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
... Macaulay Road, Kensington. The development will comprise 362 mixed-tenure dwellings encompassing affordable, social, market-rate, and specialist disability housing, close to public transport and major hospitals. HESTA chief executive Debby Blakey said ...

Australians retiring later than global peers: Research

CASSANDRA BALDINI  |  THURSDAY, 14 SEP 2023
... who have already retired. Interest rates ranked second, however, Natixis flagged only 2% correctly identified what a rising rate environment means for their investments.

NZ Super Fund delivers 11.9%

CASSANDRA BALDINI  |  WEDNESDAY, 13 SEP 2023
... environment remains challenging. "Core inflation remains high in many markets, leaving open the possibility of further interest rate rises. At the very least, it would seem any decrease in interest rates may be more gradual and further away than might ...

Wheelhouse repositions global equity fund

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2023
... now known as the Wheelhouse Global Fund. Its benchmark has changed from the MSCI World ex Australia Index to the RBA cash rate +2.5%. Its internal return target of over 8% per annum over a rolling 5-year period (net of fees and expenses and before tax) ...

Most Australian actively managed funds lag the index

ANDREW MCKEAN  |  WEDNESDAY, 13 SEP 2023
... international equities. Its data showed that during years when international equities outperform Australian large caps, the rate of underperformance among actively managed Australian equity funds tends to decrease. "In the first half of 2023, the S&P ...

Some explanations have missed the mark: Lowe

CASSANDRA BALDINI  |  FRIDAY, 8 SEP 2023
... target." Addressing the labour market, Lowe explained that when he assumed the role of governor in 2016, the unemployment rate stood between 5.5% to 6%, a far cry from the current 3.5%. "The share of Australians with a job has never been higher than ...

APRA finds signs of step change in remuneration practices

ANDREW MCKEAN  |  THURSDAY, 7 SEP 2023
... Chairs. The second phase was a more "light-touch" survey of remaining SFIs. In their evaluations, entities were asked to rate the magnitude of changes needed to fully implement CPS 511. Notably, about 80% of entities indicated that remuneration design ...

Aware Super, Altis buy Crown Group site

CHLOE WALKER  |  THURSDAY, 7 SEP 2023
Aware Super's real estate arm, in partnership with Altis Property Partners, has snapped up Crown's Mastery site for $121 million. The 1.7-hectare site located in Sydney's Waterloo is set to be transformed into build-to-rent (BTR) apartments and will ...