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Showing 111 - 120 of 4103 results for "Commonwealth"

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... Australia (RBA) is focused on cooling inflation, it's unlikely the May budget will look to boost the economy, Commonwealth Bank's Gareth Aird tells Financial Standard. Some were stumped this week after the RBA sent the cash rate up another 25 ...

Biggest super funds face human rights complaints

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... to the trustees of AMP, Australian Retirement Trust, Aware Super, Brighter Super, BT, Cbus, Colonial First State, Commonwealth Superannuation Corporation, Equipsuper, ESSSuper, GESB, HESTA, MLC Super, OnePath, State Super, Super SA, and UniSuper. Equity ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... times more likely to keep their savings in term deposits than younger Australians aged 18-29," Riley said. Meanwhile, Commonwealth Bank executive general manager Kate Crous commented: "Term deposits have maintained their appeal for customers seeking ...

Fraudster sentenced to eight years behind bars

CHLOE WALKER  |  MONDAY, 17 APR 2023
... were convinced to borrow against their homes to invest with the scheme companies. The matter was prosecuted by the Commonwealth Director of Public Prosecutions, in which Silver was set a non-parole period of two and a half years. In delivering the sentence ...

Budget all about responsible economic management: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 14 APR 2023
... governments," he said. "And so, it wouldn't be an opportunity necessarily, at least not directly, to repair the Commonwealth budget and our priorities lie elsewhere." Chalmers explained a "modest" but "meaningful" change to superannuation tax breaks ...

Vanguard cuts fee on bond ETF

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... reduction," Vanguard said. VAF invests in a range of fixed interest products. This includes bonds issued by the Australian Commonwealth and state governments, as well as investment-grade bonds rated as BBB- or higher. At the end of February, VAF returned ...

AMP promotes Diana Mousina

ELIZABETH FRY  |  TUESDAY, 11 APR 2023
... - worked as a senior economist before being promoted to the role of Oliver's deputy. She began her career at Commonwealth Bank in 2011 as an institutional banking and markets graduate, gaining the title of economist two years later. Commenting on ...

Top rated superannuation products in Australia revealed

ANDREW MCKEAN  |  TUESDAY, 11 APR 2023
... organisational strength, and additional services like financial planning. Equipsuper led with eight AAA-rated products each. Commonwealth Superannuation Corporation followed with seven AAA-rated products, while Prime Super and Hostplus have six AAA-rated ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... the cash rate from 3.6%. The major banks are at odds: ANZ and NAB forecast a 25 basis point cash rate hike, while Commonwealth Bank and Westpac anticipate the RBA to hold steady. Likewise, according to the latest Finder RBA cash rate survey, just over ...

Former Octaviar director sees charges dropped

CHLOE WALKER  |  TUESDAY, 4 APR 2023
The Commonwealth Director of Public Prosecutions (CDPP) has withdrawn its fraud charges against former Octaviar Investment director David Mark Anderson, citing his ill health. Anderson had been facing 27 charges of fraud, including allegations that ...