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| | | 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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." |
| | | | ... 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 ... |
| | | | 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 ... |
| | | | ... 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 ... |
| | | | 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 ... |
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