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Showing 141 - 150 of 4000 results for "Cut"

RBA delivers 'confounding' rates decision

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
... interest rates on hold at 3.85% at the July meeting, surprising many experts and the markets which were anticipating another cut. The RBA board confirmed that inflation has continued to moderate but ultimately decided the bank "could wait for a little ...

AustralianSuper readies tech stack for Payday Super

JAMIE WILLIAMSON  |  TUESDAY, 8 JUL 2025
Following a successful pilot program with Rest, Wrkr and MUFG Retirement Solutions will now work on a Payday Super solution for AustralianSuper. Wrkr and MUFG Retirement Solutions will work together to deliver a digital platform that will integrate ...

Microsoft flips AI switch on for MUFG

MATTHEW WAI  |  TUESDAY, 8 JUL 2025
MUFG Pension and Market Services (MPMS) has collaborated with Microsoft to adopt AI-powered solutions across its MUFG Retirement Solutions and MUFG Corporate Markets business divisions. The five-year strategic partnership is built on a co-investment ...

Future Group reveals super fund returns, fee changes

ELIZA BAVIN  |  TUESDAY, 8 JUL 2025
... "Future Group is committed to growing and evolving the smartMonday product to deliver the best results for members. This fee cut, and our strong end of financial year returns, reflect that," Future Group chief executive Simon Sheikh said. Future Group ...

RBA interest rate cut expected

ELIZA BAVIN  |  MONDAY, 7 JUL 2025
... MFS Investment Management fixed income research analyst Carl Ang said he believes the RBA will deliver a "dovish insurance cut". "Given the ever-shifting balance of risks and the heightened uncertainty it creates for hiring and investment in the Australian ...

Improved economy not a guarantee of business success

MATTHEW WAI  |  THURSDAY, 3 JUL 2025
While Australia's chief financial officers are confident the economy has passed its low point, this doesn't necessarily stretch to their own business performance over the next 12 months. Deloitte's biannual CFO Sentiment report gathers responses from ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
APRA is warning superannuation funds "not to cut corners" when in it comes to getting their operational risk management in order as the landmark prudential standard CPS 230 comes into effect today. CPS 230 Operational Risk Management effectively forces ...

Chalmers opens economic reform consultation

ELIZA BAVIN  |  MONDAY, 30 JUN 2025
Treasurer Jim Chalmers has opened the new economic reform consultation paper while issuing more invitations to the government's Economic Reform Roundtable. "The roundtable is an important opportunity to build consensus for long term economic reform," ...

Managed fund inflows jump over 20x: Report

ANDREW MCKEAN  |  THURSDAY, 26 JUN 2025
... victory, but confidence waned in February as the glow of US exceptionalism faded and central banks pushed back against rate-cut expectations. That triggered profit-taking in equity markets and sent bond yields higher, posing a challenge for most managed ...

Inflation continues to drop, calls for RBA cut grow

ELIZA BAVIN  |  WEDNESDAY, 25 JUN 2025
... Krishna Bhimavarapu said the data will put pressure on the Reserve Bank of Australia (RBA) to deliver another interest rate cut at the next meeting. "We are convinced that the RBA needs to cut in July to safeguard growth as inflation is clearly out of ...