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Showing 1511 - 1520 of 12383 results for "May"

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... moderately improve in the coming months, helped by declining inflation and possible tax and rate cuts this year. Investors may face headwinds that will impact global equity earnings and valuations amidst a higher rate environment. "Looking ahead, we ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... for productivity - significantly above the RBA's 2-3% inflation target range. "Without a lift in productivity, rat cuts may be a distant prospect," he said. T. Rowe Price portfolio manager Scott Solomon similarly expects the RBA to push back on the ...

Online investor participation declines

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... highlighted that 29% of reactivated online investors now include international shares in their portfolios, an increase from 25% in May 2023 and 23% in November 2022. Investment Trends head of research Irene Guiamatsia said dormancy rates have decreased ...

iExtend finds interim arrangement to operate

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... meaning it is authorised to provide specific financial services outlined in their agreement with the licensee. These services may include financial advice, investment management, insurance broking or dealing in financial products. Last November, the ...

MetLife Australia hires chief operating officer

JAMIE WILLIAMSON  |  FRIDAY, 2 FEB 2024
... Lacheur joins from AIA where she was most recently acting chief customer operations and claims officer. She first joined AIA in May 2020 following its acquisition of CommInsure Life. In all, Lacheur spent about 15 years with CommInsure, climbing the ...

REITs primed for investor cash amid uncertainty

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
... an economic slowdown." Rush said that companies that are more sensitive to economic conditions in the broader equity market may lose their ability to maintain prices during a downturn. On the other hand, Rush stated that REITs have historically proven ...

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... remaining 30%. "While the regulator has reviewed valuation practices for unlisted assets recently and found no red flags, what may have stirred renewed concern is investment industry surveys revealing fund investment chiefs to be claiming devaluations ...

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... rate risk associated with the consortium's acquisition of a majority stake in Ausgrid, purchased from the NSW government. In May 2021, ASIC commenced civil proceedings against Westpac for insider trading, unconscionable conduct, and breaches of its obligations ...

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... with falling inflation in the December quarter. While further interest rate hikes are unlikely in the near term, rate cuts may be some time away. "We think the RBA will see today's figures as good news, which will mean they do not have to hike further. ...

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
... point is, the responsibility towards good governance is not changed just because the technology is new," Longo said. "Whatever may come, there's plenty of scope right now for making the best use of our existing regulatory toolkit. And businesses, boards ...