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Showing 1511 - 1520 of 17952 results for "Bank"

First Sentier clients walk away with $13bn

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... $4.2 billion. It was previously known as Colonial First State Global Asset Management when it was owned by the Commonwealth Bank. Of the 154 managers Rainmaker assessed, 88 reported net losses, which equated to 58% negative net flows. The redemptions ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... researchers said. Janus Henderson fixed interest strategic Emma Lawson said "mixed messages" were a headache for the Reserve Bank of Australia (RBA). "As we approach the end of the RBA's extraordinary tightening cycle, the immediate path is often murky. ...

Collapsed trading house hit with charges

CHLOE WALKER  |  MONDAY, 5 JUN 2023
... purchases. Kirby, charged with five offences, is alleged to have fabricated evidence related to Berndale funds in overseas bank accounts in Federal Court proceedings. D'Amore and Kirby are also alleged to have made a false statement or submitted ...

Dexus, Partners Wealth Group airport fund to take off

CHLOE WALKER  |  MONDAY, 5 JUN 2023
Partners Wealth Group has joined forces with Dexus to offer wholesale buyers the opportunity to invest in Melbourne Airport through its new APAC Wholesale Airports Fund. The fund, dubbed WAF, also provides exposure to the Australia Pacific Airports ...

Quality stocks outperform on average: Bell AM

CASSANDRA BALDINI  |  MONDAY, 5 JUN 2023
... following a series of unfortunate events within the world of financial services. "In March we saw the collapse of Silicon Valley Bank (SVB) and some of the regional banks in the US, we saw Credit Suisse go up in a puff of smoke and so balance sheet strength ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... lifted Australia's minimum and award wages by 5.75% to alleviate incomes eroded by inflation, but experts say the Reserve Bank of Australia (RBA) won't be backing off anytime soon. Speaking this morning, Fair Work Commission President Adam Hatcher ...

It's the year of the raise, says Hays

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2023
About 95% of financial services employers are planning to pay their staff more in the next 12 months, and it may just be because more than half of workers are considering going elsewhere, Hays has found. According to the latest Hays Salary Guide, 68% ...

Risk of recession growing: Podcast

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
AMP chief economist Shane Oliver says the risk of recession is rising alongside the Reserve Bank of Australia's (RBA) rate increases. Earlier in the week, the Australian share market rallied following the decision by US lawmakers to raise the debt ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... Bureau of Statistics (ABS), exceeded economist predictions of 6.4%, and shows inflation is still sitting above the Reserve Bank of Australia's (RBA) target. Higher fuel prices have been attributed to the rise following the halving of the fuel excise ...

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
Reflecting on the board's decision to increase the cash rate by 25 basis points to 3.85% last month, Reserve Bank of Australia (RBA) governor Philip Lowe says so far, the strategy is working. Lowe told the Senate economics committee this morning that ...