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Showing 1471 - 1480 of 13340 results for "Economic"

Industry groups welcome Labor government

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
... in Australia and sent capital offshore. "The election outcome offers an opportunity to reset and align Australia's economic policies with climate goals that will protect the retirement savings of millions of Australians," the statement said. "The ...

It's time to step up: Climate Council

CHLOE WALKER  |  MONDAY, 23 MAY 2022
... welcoming the change in government, Climate Council's chief executive Amanda McKenzie said that it is in Australia's economic and security interests to prioritise climate action. McKenzie added that Australians deserve a federal government that recognises ...

Crestone warns on economic challenges

CHLOE WALKER  |  MONDAY, 23 MAY 2022
Following the 2022 federal election, Crestone Wealth Management has provided a special report, summarising policy implications for the markets. "For markets, the election has been fought along lines that are likely to be less impactful for markets in ...

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
Having raised the cash rate earlier this month, the Reserve Bank of Australia (RBA) board has decided not to reinvest the proceeds from bonds as they mature from the bank's portfolio. This decision by the RBA is indicative of a new quantitative tightening ...

How AMP plans to bounce back

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
... to shareholders. "We intend to hold a strong capital position and balance sheet as we head into this period of global economic uncertainty," Hazelton said. Also addressing shareholders, chief executive Alexis George said the group is reshaping its operating ...

Yellen forebodes stagflation risks

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
In Bonn, Germany, US secretary of the treasury Janet Yellen has called the global economic outlook challenging and uncertain; stagflation effects have depressed output and spending, she added. Yellen said the US understood when Russia invaded Ukraine ...

Barclays increases stake in Barrenjoey

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... million of new capital. Barclays was a cornerstone investor in Barrenjoey in 2020, investing $45 million for a 9.99% economic interest and 4.99% voting interest. "We are delighted to have the opportunity to increase our shareholding with Barrenjoey. ...

Investors seek inflationary refuge in diversification strategies

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... shifts had created a major challenge for policymakers in developed markets. Investors who expected the post-pandemic economic recovery to continue unabated had to alter their expectations as growth slowed and markets turned volatile. Evidence of that ...

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
The US inflation rate has fallen to 8.3%, but the Consumer Price Index continues to flirt with catastrophic 40-year highs. The index also revealed that costs had risen by a monthly rate of 0.3% in April after having risen 1.2% in March. This decline ...

Pendal sees profits rise, to focus on costs

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
... prudent to continue to adopt a nimble approach in managing costs against the backdrop of geopolitical uncertainties and economic pressures". The group will pay a dividend of 21c per share, up from 17c in 1H22. The results follow Perpetual's proposal ...