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Showing 1211 - 1220 of 13339 results for "Economic"

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
... opportunities for longer term growth," AMP chief executive Alexis George said. "Our profit for the year reflects the challenging economic environment we are facing, as well as strategic decisions to reprice our offers in Master Trust and Platforms to ...

I know it's hard, but it could be harder: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
Appearing at a Senate hearing today, Reserve Bank of Australia (RBA) governor Philip Lowe said people have forgotten how corrosive inflation is. The governor explained the RBA has one priority and that is to bring inflation down. "Inflation at the moment ...

Recession risk for Australia minimal: Forum

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
... pointed to several signposts that indicate the Lucky Country will evade a highly anticipated global recession. High-level economic data shows that Australia's GDP has remained steady and outperformed major economies like the US and EU. Other than ...

Productivity Commission kicks off philanthropy review

CHLOE WALKER  |  MONDAY, 13 FEB 2023
... what can be done to encourage philanthropy, and what reforms may be needed in terms of the taxation system and current economic environment. "The review comes at a time when the charity sector is under pressure," assistant minister for competition, charities ...

New chief for Queensland Treasury Corp

ELIZABETH FRY  |  MONDAY, 13 FEB 2023
... growth, QTC is their window to the world," he said. "Leon has been an integral part of Queensland's world-leading economic response to Covid-19, which has put our state in a position to seize opportunities for future growth. "His guidance of Treasury ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA  |  MONDAY, 13 FEB 2023
... FUMAA has already increased by 4% to $12.3 billion at the end of January 2023, Singh said, adding that "with positive economic news to come, our people stakeholders and shareholders would benefit over time". During the last six months of 2022, Fiducian ...

Things to watch this reporting season: Morningstar

ANDREW MCKEAN  |  MONDAY, 13 FEB 2023
... director Johannes Faul said interest rate changes can take between one and two years for their maximum effect to unfold on economic activity and inflation. "Even assuming a lag effect of only 12 months, the already implemented RBA hikes won't fully reflect ...

Inflation expected to have peaked: RBA

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
The Reserve Bank of Australia (RBA) has forecast that headline CPI (7.8%) is expected to be the peak in this economic cycle. In a monetary policy statement, the RBA said CPI is still high, affecting a range of goods and services. Global factors such ...

Assets under custody stagnant: Data

CASSANDRA BALDINI  |  FRIDAY, 10 FEB 2023
... behalf of clients. ACSA chief executive David Travers said continued local and global market volatility and shifting economic conditions remained a challenge. "Member organisations continue to see the industry consolidation impacting the relative movements ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... will be necessary in the coming months to bring inflation back in line. The RBA will continue to closely monitor global economic developments, household spending, inflation, and the labour market to determine the extent of future interest rate hikes ...