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Showing 101 - 110 of 197 results for "Cost-of-living"

Financial stress at record highs: AMP

ANDREW MCKEAN | WEDNESDAY, 7 SEP 2022

... "Following an emotionally unsettling two to three years with we're now facing rising interest rates, general cost of living pressures, a property downturn and jittery investment markets." Owen added stress impacts on women, single parents and younger ...

A sensible roadmap: Industry responds to QAR paper

JAMIE WILLIAMSON | MONDAY, 29 AUG 2022

... will have a serious impact on competition in the banking sector at a time when, with rising interest rates and cost of living pressures, people need to be able to find the best possible deal. "These changes would set consumer protections back 15 years. ...

Aware Super overhauls fee structure

CASSANDRA BALDINI | FRIDAY, 19 AUG 2022

... investment options. These fee changes will come into effect on September 30, a welcome relief for members as the cost of living increases, the fund said. Aware Super chief executive Deanne Stewart said these savings were just some of the benefits that ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN | WEDNESDAY, 10 AUG 2022

... employment gains, high levels of household saving and a desire to travel more than offsetting concerns about the rising cost of living," Plank said. "It remains to be seen whether this divergence between confidence and spending can continue."

How Australians are losing retirement returns

ANDREW MCKEAN | MONDAY, 8 AUG 2022

... employees, which can be the trigger to start salary sacrificing their extra earnings." However, because of heightened cost of living pressures and poor super returns, Banney acknowledged that many people may be tempted to pocket the extra cash rather ...

APRA releases annual corporate plan

CASSANDRA BALDINI | MONDAY, 8 AUG 2022

... forecast to deteriorate over the period ahead, exacerbated by the ongoing war in Ukraine, while the increases in cost of living and recent flooding events remind us that Australia is facing its own turbulence. "As Australia's prudential supervisor ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN | MONDAY, 18 JUL 2022

... profits and chief executive bonuses while working people are seeing their pay swallowed up by the rapidly rising cost of living." ACTU president Michele O'Neil commented: "Corporate Australia is causing the cost-of-living crisis by passing on price increases ...

RBA spotlights inflation risk of higher wages

ANDREW MCKEAN | WEDNESDAY, 22 JUN 2022

... Despite these concerns, ACTU secretary Sally McManus said: "Wage claims are always considered in the context of cost of living increases and broader economic conditions, but with profits at record levels, productivity high and labour's share of GDP ...

Stagflation: What should we expect?

CHLOE WALKER | THURSDAY, 16 JUN 2022

... seeing this in all major economies... Consumers don't like inflation and interest rates compounding in terms of cost of living," he said. "What I really think that central banks will need to do is put the brakes on economies and really have that ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI | WEDNESDAY, 15 JUN 2022

... $40 per week. The most significant changes since last year's review decision have been the sharp rise in the cost of living and the strengthening of the labour market. "The Panel concluded that given the current strength of the labour market, the ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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