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Showing 121 - 130 of 2281 results for "Bureau"

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... increased 6.1% in the June quarter, due to higher dwelling construction costs and automotive fuel prices," the Australian Bureau of Statistics (ABS) said. Annual trimmed mean inflation, which excluded large price rises and falls, increased to 4.9%; the ...

Legalsuper hires from ART, Perpetual

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
A chief operating officer and a head of product will join the legalsuper leadership team following its restructure earlier this year. Trevin Erichsen has been appointed chief operating officer, joining from Australian Retirement Trust where he is currently ...

Aussies don't need so much in retirement savings: SCA

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... won't be renting or paying a mortgage and all spending figures have been adjusted for inflation and based on Australian Bureau of Statistics data. In developing the targets, Super Consumers Australia engaged with consumers, academics, regulators, industry ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... near-record inflation hasn't subsided, leading experts to believe that aggressive rate hikes will continue. Australian Bureau of Statistics (ABS) data showed the number of jobs this month jumped by 88,000 people and unemployment fell by 54,000. ABS ...

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
The US Bureau of Labor Statistics has reported that inflation has surged 9.1% over the last year, shooting up a torrid 1.3% in June alone. While inflation has surged to its highest level in 41 years, US president Joe Biden said the CPI data doesn't ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... society to ensure working people's living standards don't go backwards. Further to the ACTU's concerns, the Australian Bureau of Statistics (ABS) revealed that the household saving ratios had fallen. Head of national accounts at the ABS Sean Crick commented ...

AMP establishes AMP Investments

JAMIE WILLIAMSON  |  TUESDAY, 31 MAY 2022
With the transfer of the AMP Capital multi-asset group into its wealth management business now complete, AMP has created AMP Investments. Run by chief investment officer Anna Shelley, AMP Investments oversees $84.7 billion in assets which includes funds ...

How AMP plans to bounce back

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
AMP's chair has explained how the group intends to improve its financial performance, while Alexis George outlined how the 173-year-old company will be transformed, with a strong focus on the retirement space. Kicking off the company's annual ...

Yellen forebodes stagflation risks

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
... global inflation levels have become calamitous. Yesterday, UK inflation hit a 40-year high of 9%. Likewise, the Australian Bureau of Statistics showed that Australia recently recorded a 5.1% inflation rate, the highest level seen in 20 years. Yellen ...

Super home buyer scheme fails to move the needle

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... will have much of an impact on anyone's ability to buy a home." To illustrate his point, Dunnin referenced 2021 Australian Bureau of Statistics data that shows the median home price increased $250,000; going from $960,000 to $1.2 million. This means ...