Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 111 - 120 of 750 results for "CPI"

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... investment strategy allocates 60% to growth assets and 40% to defensive assets, with an objective of achieving returns of CPI plus 2%. Reflecting on the significance of the industry-first initiative, Hejaz Financial Services co-founder Muzzammil Dhedhy ...

Charter Hall REIT cops $198m loss

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... balance driven by acquisition activity". "The portfolio enjoys strong rental growth as a result of the high proportion of CPI-linked leases, high levels of occupancy and quality of tenants. CLW's portfolio remains well positioned to continue to deliver ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
... core PCE prices rose 4.6%," he explained. He further mentioned that in June, the 12-month change in the Consumer Price Index (CPI) was recorded at 3.0%, and the change in the core CPI stood at 4.8%. "Inflation has moderated somewhat since the middle ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
The Consumer Price Index (CPI) has softened to 6%, however a further rate hike in August is not off the table. The Australian Bureaus of Statistics (ABS) said headline inflation was lower than the 7% annual rise in March, marking the second consecutive ...

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... not affected by stock markets downturns or other global catastrophes such as wars. "Risk businesses generally move up with CPI, which is about 5% per annum at the moment," he said. The sharp increase in global inflation has been largely driven by government ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... inflation was forecasted to remain above target for an extended period. "Members noted that several Consumer Price Index (CPI) categories for which inflation was typically quite persistent already had too high inflation, including rent and services prices ...

AustralianSuper posts solid return for FY23

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
... an average of 8.23% per annum over three years, 6.72% over five years, and 8.6% over 10 years. The balanced option targets CPI+4% returns through a diversified strategic asset allocation. Predominantly, the fund is invested in international and Australian ...

RBA pause short but sweet: Mousina

CASSANDRA BALDINI  |  WEDNESDAY, 5 JUL 2023
... rates as much." Ultimately, what happens next will come down to either consumer resilience or inflation dropping. "The monthly CPI is probably the most important right now," she said. "The inflation data that we got last week showed a larger drop in ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
... property, infrastructure, fixed income pretty and every asset class." The majority of the Balanced option, which aims for CPI+3.5% in returns, is invested in Australian and international equities with a strategic allocation of 24% and 30% respectively. ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
The Consumer Price Index (CPI) has fallen to 5.6%, fueling hopes the Reserve Bank of Australia (RBA) will pause interest rate hikes next week. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), came as a pleasant ...