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Showing 1131 - 1140 of 14210 results for "Interest"

Local private debt funds' growth potential 'remains strong': Preqin

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... environment," Preqin said. "The test for managers now is to demonstrate their ability to effectively manage risk in a higher interest rate environment, which can lead to increased default rates and more volatile credit conditions. "Substantial on-the-ground ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
On Wednesday, the Reserve Bank of New Zealand (RBNZ) trimmed its interest rate by 25 basis points to 5.25% after holding a decades-high rate of 5.50% since May 2023. The central bank pointed to inflation converging to its target range as the core reason ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... household types were higher than the increase in the CPI," Marquardt said. Insurance and financial services, such as mortgage interest charges, and food and non-alcoholic beverages mainly ate up household budgets. On an annual basis, living costs rose ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
... steps taken by the federal government and Fair Work Commission. The regulator added that due to the "significant public interest" and coverage of the allegations, it plans to make the independent expert reports public to provide reassurance to Cbus and ...

Challenger pre-tax profit up 17%, raises dividend to 26.5c

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... to 8.5 years, which has led to a reduction in the maturity rate and will support future growth." Life earnings before interest and tax (EBIT) increased 17% to $634 million, which Challenger said reflected its focus on driving longer duration, more valuation ...

Janus Henderson to buy private credit manager Victory Park Capital

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... stake in private credit manager Victory Park Capital Advisors after Pacific Current Group agreed to divest part of its interest in the firm. The London-headquartered asset manager said that the acquisition of Victory Park Capital Advisors' would complement ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
Vanguard, Betashares, iShares, and VanEck have attracted most of the ETF inflows in Australia for 2024, with competition among these issuers fierce. Vanguard led with $4.07 billion in inflows, followed by local player Betashares with $3.98 billion ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... employer and union directors, including three CFMEU representatives, has since come under scrutiny for possible conflicts of interest. A Cbus spokesperson told Financial Standard that it's a "highly regulated financial institution" with "robust governance ...

CareSuper returns 8.54% for default members

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
... a diversified portfolio is essential, as it observed "a lot of variation" between asset classes. Economic trends and interest rate settings, as well as the upcoming US election, will continue to be key to determining investment sentiment and decisions. ...

Pandemic-era savings to dry up: CBA

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
... year. CBA said Australians had accrued around $300 billion in additional savings during the period, as a result ultra-low interest rates and lockdowns reducing spending. "Australian households are generally net savers, as evidenced by a positive savings ...