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Showing 131 - 140 of 1304 results for "Surprise"

RBA lifts rates, lifts markets

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
The Reserve Bank of Australia (RBA) board increased the cash rate target by 25 basis points to 2.6%, driving domestic markets higher. Committed to returning inflation to the 2-3% range over time, the board affirmed that yesterday's increase in interest ...

Wheelhouse Partners adds head of distribution

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2022
The former head of retail at Investors Mutual has taken up the newly created role. Wayne McGauley joined the Wheelhouse Partners team this month, responsible for growing its global and Australian equities capabilities. McGauley is to focus on key accounts ...

No surprise advice industry fears ASIC: Panel

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
... chair Michelle Levy was surprised by the level of fear the advice community has with ASIC during her review. "It doesn't surprise me," Sciacca replied. "That's because we've heard that as well throughout our engagement with industry. It's ...

Financial stress at record highs: AMP

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
... reflected in questions about pride in work, morale at work and pride in their employer has not fallen." "It's no surprise we're more financially stressed than ever," said AMP general manager of member engagement Stephen Owen. "Following an emotionally ...

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... decision for the RBA will be relatively straightforward: inflation engines such as wages and retail demand continue to surprise to the upside." Barclays said: "We expect the current account surplus to surge. We expect the RBA to slow its hiking cycle ...

Most retirees want pension support through super: Report

CASSANDRA BALDINI  |  TUESDAY, 16 AUG 2022
... of personal financial advice has risen substantially over the past two years. As noted in ASIC Report 627,1 it is no surprise that consumers consider advice to be too expensive," the report reads. Link Advice general manager Duncan McPherson said the ...

China records historic trade surplus

ANDREW MCKEAN  |  FRIDAY, 12 AUG 2022
China has posted a record high trade surplus after another month of strong exports; however, headline inflation continued its upward trend. Chinese exports exceeded market expectations again in July, supported by shipments to ASEAN and the European ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
National Australia Bank's (NAB) latest business survey reported business confidence has risen above average levels and conditions have strengthened. Business confidence bucked a trend of steady monthly declines, rising seven index points. NAB called ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
APRA published its updated plan to reinforce the financial soundness of the banking, insurance and superannuation industries over the next four years, with few surprises on offer. The priorities in APRA's new Corporate Plan for 2022-2023 are based ...

Value investing a likely winner: Maple-Brown

ANDREW MCKEAN  |  FRIDAY, 5 AUG 2022
... a barrage of bad news and sustained focus on negatives, there are compelling facts, trends and activities that could surprise bearish commentators. "Today's environment presents a perfect storm of factors set to mislead decision makers in these aspects ...