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Showing 1121 - 1130 of 14042 results for "Down"

Private market deal activity set to persist amid high-rates: Aviva

ANDREW MCKEAN  |  TUESDAY, 21 NOV 2023
Aviva Investors' data showed that in economic downturns illiquidity premia in private debt markets are often compressed, repricing more slowly than public market equivalents; a trend consistent through the most recent spate of interest-rate hikes. The ...

Interest rate hikes are working: Bullock

KARREN VERGARA  |  TUESDAY, 21 NOV 2023
... policy as a necessary yet "blunt tool" that stings the cash flow of Australians but is doing its job of keeping inflation down. "[Monetary] policy doesn't just operate through the cash flow channel because it works in other countries where they don't ...

Colonial First State enhances FirstChoice with Elemnta

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
Colonial First State (CFS) rolled out a major enhancement to FirstChoice, reducing set-up time for new and existing accounts by up to 80%. CFS has worked with Elemnta to allow advisers to use existing client data via an integration with Xplan, reducing ...

Government consults on reforms to merger rules

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
The government has kicked off its consultation on merger rules and processes to improve competition and productivity while lowering costs to ensure better outcomes for Aussies. According to the government's Merger Reform consultation paper, Australia's ...

AFCA tightens wholesale investor remit

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
... non-retail. "For non-retail investors, there are two categories - wholesale and sophisticated. That can be further broken down into four categories, which is by wealth, by professional investor status, investment amount, and by knowledge and experience," ...

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
... current high inflation rate will only last for a while. "So real wages growth will eventually improve as you see inflation come down. And that's why real wages growth becomes positive on the quarterly data," she explained. She noted the positive ...

E&P settles class action for $16m

KARREN VERGARA  |  WEDNESDAY, 15 NOV 2023
... Complaints Authority (AFCA) and potentially under the Compensation Scheme of Last Resort (CSLR). Former chief Dixon stepped down in mid-2019 amid the controversy surrounding ASX-listed URF. URF enabled Australians to invest in the US residential property ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
ASIC has announced plans for strong, targeted enforcement action in the superannuation sector, focusing on member outcomes in 2024. Baring its teeth in an enforcement and regulatory update released today, the corporate regulator signalled that tackling ...

Super fund fees now at record low: Data

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
Superannuation fees in Australia have reached a historic low, with the total expense ratio averaging 0.93% per annum, as per research from Rainmaker Information. Rainmaker Information's analysis of over 1500 superannuation fund fee options, spread across ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... margins, managing investment and cost trade-offs and the potential for a more dramatic increase in credit losses. Doubling down on digital was its next forecast. PwC explained that banks must implement and leverage extensive technology transformations ...