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Showing 1121 - 1130 of 13339 results for "Economic"

Dalton Street fund terminated

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2023
The Dalton Street Market Neutral Trust is to be terminated this month as it is "no longer economically viable." As responsible entity for the fund, Equity Trustees said the fund will be wound up no later than May 10, primarily due to its low assets ...

Reserve Bank raises cash rate to 3.85%

JAMIE WILLIAMSON  |  TUESDAY, 2 MAY 2023
The Reserve Bank of Australia (RBA) has opted to increase the cash rate target to 3.85%. Meeting today, the RBA board chose to go with a 25 basis point increase, and also increased the rate paid on Exchange Settlement balances by 25 basis points to ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... cooling labour market for the RBA to leave rates on hold in May ahead of an eventual cut in rates to support struggling economic growth from later this year and through 2024." T. Rowe Price portfolio manager Scott Solomon believes the RBA will maintain ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... commended for listening and then taking the necessary steps to end the huge super rip off which was undermining the future economic security of too many young women and others on lower incomes." Australian superannuation industry bodies Association of ...

Wealth inequality divides Australia: Research

KARREN VERGARA  |  TUESDAY, 2 MAY 2023
... retirement outcomes. Taylor Fry principal and the paper's co-author Hugh Miller said that the big disconnect between robust economic growth and tepid wages growth in Australia's two-speed economy is what has exacerbated the inequality gap. "This gap ...

Lazard to reduce workforce by 10%

JAMIE WILLIAMSON  |  MONDAY, 1 MAY 2023
... current environment," it said. As of December 2022, Lazard employs close to 3500 globally. "The first quarter was marked by economic uncertainty and market turmoil, particularly in the financial sector," Lazard chair and chief executive Kenneth M. Jacobs ...

Infrastructure an asset class for all seasons: IFM

CHLOE WALKER  |  FRIDAY, 28 APR 2023
... markets," it said. Commenting on the report, IFM Investors global head of infrastructure Kyle Mangini said while the global economic environment is a difficult one for investors, infrastructure as an asset class has the characteristics to provide resilience ...

High returns flow from water rights

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... returns," Kilter Rural executive director and chief investment officer Euan Friday says. "They're also underpinned by strong economic drivers, and those economic drivers are absolute scarcity coupled with increasing demand from water users who can afford ...

Biggest super funds face human rights complaints

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... highlighted the projects "serious" human rights on Indigenous communities, including risks to spiritual, cultural and economic rights, as well as the failure to obtain free, prior, and informed consent. Complaints were also sent to the trustees of AMP ...

Citi names local chief executive

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... the Australia and New Zealand businesses to further growth and support our clients as they navigate a challenging macro-economic landscape." Monger added Woodruff's strong leadership credentials and markets experience means he is well-positioned to help ...