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Showing 1271 - 1280 of 11416 results for "Rate"

Equity Trustees enlists HUB24 for custodial platform admin

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
... is lower than IOOF, Colonial First State, AMP, Macquarie, and netwealth, HUB24's annual net flows have the fastest growth rate as a percentage of FUA. HUB24 also announced that it has added a new tax optimisation alert functionality to its platform to ...

Purpose of pause to gather more data: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
The Reserve Bank of Australia's (RBA) call to pause rate hikes rested on a decision to gather more information, it said. The minutes from its April 4 board meeting, where it decided to keep the cash rate at 3.6%, reveal the board extensively weighed ...

Cadillac Fairview, Gateway launch $1bn fund down under

CHLOE WALKER  |  MONDAY, 17 APR 2023
The Gateway Capital Urban Logistics Partnership (GULP) will focus on assembling a $1 billion portfolio along and across the east coast of Australia, targeting urban core plus, value add and development opportunities. Alongside the new investment vehicle ...

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
The unemployment rate remained steady at 3.5%, with a stronger than expected lift in jobs in March, however economists say it won't lead to a rate hike. According to the Australian Bureau of Statistics, unemployment is at the lowest seen since 1974. ...

Treasury urged to consider housing in super objective

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
The wording of the government's objective of superannuation should be changed to ensure the aim is to "help Australians have a genuinely successful retirement", a key component of which is home ownership, the Real Estate Institute of Australia (REIA) ...

US CPI inflation rate stays stubbornly high

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
... Federal Reserve officials, including chair [Jerome] Powell, to leave open the prospect of a further Fed hike in the policy rate." Further, Miller observed that markets have come to terms with the possibility of another rate hike. But he pointed out that ...

Long pause likely from RBA: Economist

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
The Reserve Bank of Australia's (RBA) pause on interest rate hikes will likely linger, according to HSBC chief economist Australia and New Zealand Paul Bloxham. In a recent Financial Standard podcast, Bloxham said despite inflation still being high ...

Global economic growth hits 20-year low: IMF

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... Meanwhile, inflation is projected to decrease from 6.6% in 2022 to 5.3% in 2023 and further to 3.2% in 2024. The unemployment rate in Australia, which was 3.7% in 2022, is expected to increase to 4% in 2023 and further to 4.1% in 2024.

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... who typically have a lower life expectancy, the report notes. It has also recommended freezing the Superannuation Guarantee rate to save $1.2 billion a year. Grattan said stopping the planned increases would also stop people from over saving for retirement ...

Vanguard cuts fee on bond ETF

KARREN VERGARA  |  TUESDAY, 11 APR 2023
A Vanguard fixed interest exchange-traded fund has reduced its management fees following a pricing review. The Vanguard Australian Fixed Interest Index ETF (VAF) reduced management costs from 0.15% per annum to 0.10% p.a. from April 6. Commenting on ...