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Showing 1261 - 1270 of 11814 results for "Price"

Excise tax, super top budget worries

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... to do with this government, but it doesn't typically resonate with voters very well if you turn around and say, 'the oil price is determined in a global market, it's beyond our control'," he says. He points out that Prime Minister Scott Morrison has ...

PGIM hires head of wealth

JAMIE WILLIAMSON  |  TUESDAY, 29 MAR 2022
... Macquarie Asset Management in Australia has taken on the newly created role at PGIM as it looks to expand its offering. Benjamin Price is now managing director, head of Australian wealth for PGIM, based in Sydney. With PGIM - which has been in Australia ...

APRA suspends IDII work, "disappointed" in industry

ELIZABETH MCARTHUR  |  FRIDAY, 25 MAR 2022
... play out. The regulator remains of the view that there is inherent value in life companies having mechanisms other than price to address the risk of unsustainable product terms, expressing disappointment that life companies are simply raising premiums ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... Lurion De Mello said. However, the benefit of such a measure may not be fully felt by consumers, he warns. "...the wild fuel price cycle makes it hard to ensure retailers pass on the full savings and many will be tempted to pocket some of the cut," De ...

VanEck anticipates AUD surge

CHLOE WALKER  |  FRIDAY, 25 MAR 2022
There are strong headwinds behind the Australian dollar, says VanEck head of investments and capital markets Russel Chesler, which could see it hit 80 US cents. Following the recent rise in the Australian dollar, Chesler said that Australia's terms ...

Regulators fret over hobby traders

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 MAR 2022
... magnifying losses. The consultation paper includes reference to the inflation of US retail company GameStop's share price after a social media campaign to pump up the stock succeeded in doing so. "This is a worldwide phenomenon, and likely to be ...

Generational home ownership gap widens

JAMIE WILLIAMSON  |  TUESDAY, 22 MAR 2022
... Millennials are paying close to five times more for a home than Baby Boomers did, Finder said. Supporting this, the average price of a home in Sydney increased by 25% last year - wages only increased by 2.2%. The two milestones that saw more cohesion ...

Douglass exits Magellan board

KARREN VERGARA  |  MONDAY, 21 MAR 2022
... shares or 5.4% of shares outstanding. A trick of the trade, share buybacks effectively boost a public company's share price as less units are on issue. MFG's share price diminished to about $15.50 at the time of publication, but traded as high ...

Super should help secure home loans: Inquiry

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
The inquiry into housing affordability and supply in Australia has recommended first home buyers be able to use their superannuation as collateral for a home. The House of Representatives Standing Committee on Tax and Revenue tabled its report following ...

US, UK hike interest rates

ELIZABETH MCARTHUR  |  FRIDAY, 18 MAR 2022
The US Federal Reserve and the Bank of England have increased interest rates - with the US pulling the trigger on rates for the first time since 2018. Effective from March 17, the US Federal Reserve increased interest rates by 0.25% to 0.40%. The US ...