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Showing 91 - 100 of 501 results for "Spike"

RBA scenario implies record costs: UBS

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
UBS has forecast that the Reserve Bank of Australia's (RBA) rate rise assumptions would cause an unprecedented payment spike for households. The RBA's scenario of a 300-basis point increase in interest rates by mid-2023 would see interest payments as ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... the Australian share market would likely continue to outperform the US. UBS commented that low unemployment paired with a spike in minimum wage argues for rapid RBA hikes. UBS said: "The drop in the unemployment rate (and underutilisation rate over recent ...

NGS to reduce emissions 35% in three years

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAY 2022
The super fund is aiming to reduce its carbon footprint by 35% by 2025 en route to its 2030 net carbon zero target. "We have set this very aggressive target of 2030 to decarbonise the portfolio, and we are much more confident at this point in time that ...

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
The US inflation rate has fallen to 8.3%, but the Consumer Price Index continues to flirt with catastrophic 40-year highs. The index also revealed that costs had risen by a monthly rate of 0.3% in April after having risen 1.2% in March. This decline ...

Half of retail investors will go the distance

KARREN VERGARA  |  WEDNESDAY, 16 MAR 2022
... in five (41%) trying their hand at trading during the last six months. Separate research from Investment Trends found a spike in the number of women investing in ETFs. About 21% of new ETF investors are females aged between 18 and 34 years old. "It was ...

Members lean on super for financial hardships

KARREN VERGARA  |  TUESDAY, 1 FEB 2022
Members continue to rely on their superannuation funds to access retirement savings based on compassionate grounds and in the event of financial hardship, APRA statistics show. Released overnight, APRA's June 2021 Superannuation Bulletin reveals ...

Advice firm rebrands, scores own AFSL

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... major advantage has been the ability for the firm to be nimble and work with third-party providers of its own choosing. The spike in the number of AFS licences shows more financial advisers are shunning larger dealer groups in place of having complete ...

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
... international students, etc. once again. Not only that, but it'll also intensify the supply chain problems that's caused the spike in inflation in recent times. However, the lowering of consumer demand - should Omicron turn out to be more sinister than ...

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
Trading platform Stake - which has a DIY super offering - has called out some of the largest super funds, saying they are failing to roll over members to its SMSF offering in the required three days. Since October 1, APRA regulated super funds have ...

Pendal recovers losses

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... year ending September, making up for the losses in its previous results. The funds management firm also recorded a 34.6% spike in revenue to $627.4 million and average funds under management grew 14% to $107.9 billion. Fee revenue was also up by 23% ...