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| | | ... report also suggested a slight variation to the recommendation, proposing that no minimum drawdown be required for balances below $30,000. This variation is based on the fact that many older Australians wish to maintain a capital buffer or "rainy day" ... |
| | | | ... prefer small deals of up to US$25 million. Two out of three deals in the first half of 2024 were valued at US$25 million and below. Of the 11,000 family offices analysed, PwC found they are "now fundamentally transforming" as they become prominent players ... |
| | | | ... experience. She began her career at Telstra, holding several sales and marketing roles, including the telco's largest below-the-line campaigns. Denby added:: "As the expectations and needs of Australian consumers change, we must innovate to meet ... |
| | | | The seasonally adjusted unemployment rate fell by 0.2 percentage points to 3.9% in November, according to the Australian Bureau of Statistics (ABS). "With employment rising by 36,000 people and the number of unemployed decreasing by 27,000 people, the ... |
| | | | ... at the latest taking the cash rate down to 3.6% by year end." Oliver said global growth is likely to slow in 2025 to just below 3% and will likely strengthen in the second half helped by rate cuts. "Australian growth is likely to edge up to 1.8% helped ... |
| | | | ... flat to down on FY24 with modest growth anticipated in FY26." Thompson said domestic GDP growth is expected to remain at or below 2% in CY25 as the lagged impact of higher interest rates and weakening consumer spending continue to bite. Additionally ... |
| | | | ... get wrong. Perhaps we could define simplicity in relation to the client circumstances, such as holding assets and income below a certain level. There are several options here, but what's not negotiable is we need a very clear distinction," she said. ... |
| | | | ... Statistics (ABS). ABS head of price statistics Michelle Marquardt said this was the first time annual wage growth had fallen below 4% since the June 2023 quarter. Commonwealth Bank senior economist Stephen Wu said the reading was softer than what the ... |
| | | | ... here." Aird said CBA is predicting 100bp of easing over 2025, finishing the year with a cash rate of 3.35%. "This is a touch below the RBA's estimate of the nominal neutral cash rate, which is centred on a point estimate of 3.5%," he said. |
| | | | ... and Hostplus-owned pub portfolios range from 4.9% to 5.1%. Transaction evidence supports capitalisation rates materially below that implied by the offer," the board said. Charter Hall's lawyers told the ASX this morning that it has extended the bid ... |
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