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Showing 1381 - 1390 of 13341 results for "Economic"

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
... "a marked rally in the face of headwinds from inflation and rising interest rates, as well as a deteriorating global economic outlook." Business conditions also remained well above average, with trading conditions, profitability and employment all higher ...

Aussie investment habits improving: Superhero

CHLOE WALKER  |  WEDNESDAY, 10 AUG 2022
According to a survey of Australian investors, 50% are planning on investing this year's tax return in the stock market. Superhero surveyed 1300 investors who expected to receive a tax return. This figure increases to 59% of female Superhero investors ...

NAB falls after cost growth revision

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
... low specific charges. "There has been no impact on credit impairment charges from changes to assumptions used in the economic adjustment or forward-looking adjustments during the quarter," NAB said. Moreover, compared to March 2022, the ratio of collective ...

Reserve Bank explores digital currency potential

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... ways. "CBDC is no longer a question of technological feasibility," he said. "The key research questions now are what economic benefits a CBDC could enable, and how it could be designed to maximise those benefits." Treasury is a member of the project's ...

Berkshire posts $53bn investment loss

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
... prices, are often meaningless in terms of understanding our reported consolidated earnings or evaluating our periodic economic performance." "We continue to believe the investment gains/losses recorded in earnings in any given period has little analytical ...

US Senate passes $1tn Inflation Reduction Act

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
... federal climate, clean energy, and environmental justice investments in US history." "This package will bring enormous economic benefits across the country, all while addressing core concerns like inflation, energy security, and the price volatility ...

Government strengthens multinationals tax laws

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... Australia's existing thin capitalisation rules to limit interest deductions for MNEs in line with the Organisation for Economic Cooperation and Development (OECD)'s recommended approach under Action 4 of the Base Erosion and Profit Shifting (BEPS) program. ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... recovery planning, operational resilience, and critical function resolvability. APRA chair Wayne Byres said, despite the economic challenges of the past two years, Australia's financial system remains stable and resilient. "In part, this is the result ...

Magellan FUM decline continues but eases

CHLOE WALKER  |  THURSDAY, 4 AUG 2022
The investment manager has taken yet another blow to its funds under management, however the damage isn't nearly as bad as previous months saw. At the end of July, Magellan recorded total FUM of $60.2 billion, down from $61.3 billion the month prior. ...

RBA lifts cash rate to 1.85%

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
... deliver to bring inflation back under control whilst being watchful of the impact that tighter monetary policy is having on economic activity." "Inflation and unemployment data are going to be the two key data points that the RBA monitors over the coming ...