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Showing 1201 - 1210 of 9412 results for "Level"

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
Australia should be able to evade a recession, despite the high inflationary environment, AMP's Shane Oliver says. Amid dire, bleak, and gloomy economic outlooks, Oliver - AMP's head of investment strategy, economics, and chief economist - said if further ...

Former DASS clients flood AFCA with complaints

JAMIE WILLIAMSON  |  TUESDAY, 8 NOV 2022
... advice. As at November 1, more than 1600 former clients have followed ASIC's direction. The body has now warned that the level of complaints may mean some delays. However, the fact that they've made a complaint does mean they will be eligible for restitution ...

Pathzero names chief sustainability officer

CHLOE WALKER  |  MONDAY, 7 NOV 2022
... emissions," Pathzero co-founder and chief executive Carl Prins said. Pathzero's Navigator tool provides firms with a high-level snapshot of emissions across portfolios and enables enhanced, efficient communication among stakeholders, he added. "The ...

Padua hires head of sales

ELIZABETH FRY  |  FRIDAY, 4 NOV 2022
... continue to build relationships with clients. "The appointment will further strengthen our sales capabilities and provide a level of seniority and strategy at a time of great opportunity in the Australian financial advice market." His is the latest in ...

Federal Reserve raises rates 0.75%

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
... sits between 3.75% and 4%. Federal Reserve chair Jerome Powell said the Fed is moving its policy stance purposefully to a level that will be sufficiently restrictive to return inflation to 2%. In addition, it's continuing the process of significantly ...

QAR leaves insurance commissions alone

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... now, significantly reducing the advice capacity available to serve Australians. By maintaining commissions at their current level, while making changes to reduce the cost of advice, we can ensure that more Australians can access good advice."

Interest rates will jump to slay "the evil of inflation": Lowe

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
... outcome and so we have acted strongly to avoid it." Over the year to September, the inflation rate was 7.3%, the highest level recorded since 1990. This figure is forecast to grow to around 8% later this year. But still, the board is resolute in its ...

Australian housing slump marches on

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
After surging 28.6% between the pandemic low in September 2020 to a high in April, national property prices have fallen 6%, said AMP chief economist Shane Oliver. "The key drivers of the downturn remain: poor affordability, rising mortgage rates, some ...

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... even if the US recession leads the country back towards a globally low interest rate environment. "While the current low level of wage inflation in a high consumption inflation environment is a significant issue, in the short-run, it is also a strength ...

APRA reinforces capital call expectations

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
New APRA chair John Lonsdale wrote to banks and general and life insurers to remind them of the prudential requirements for additional Tier 1 and Tier 2 capital instruments. "With global credit spreads widening significantly over the past 12 months ...