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Showing 141 - 150 of 1250 results for "Household"

Australians plough record cash into managed funds

ELIZABETH MCARTHUR  |  MONDAY, 24 JAN 2022
... of capital into managed funds in 2021 is a direct consequence of both higher risk appetite and piles of ready cash on household balance sheets. They are not alone. Investors around the world have behaved in a similar way."

PIMCO lowers GDP growth rate

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
Australia, together with other rich countries, can expect economic activity to slow down in 2022 as coronavirus outbreaks continue to put a spanner in the works. Fund manager PIMCO has downgraded its developed markets outlook for countries that also ...

IFM, Citi pour $300m into Household Capital

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
Home equity retirement funder Household Capital has secured $300 million in financing from IFM Investors and Citi. The securitisation debt facility will allow Household Capital to meet what it has identified as an increasing demand from retired Australian ...

Industry super funds launch fresh campaign

JAMIE WILLIAMSON  |  FRIDAY, 10 DEC 2021
... acting collectively, the 13 funds that carry the symbol have cost effectively built the Industry SuperFunds brand into a household name," ISA said. "The new campaign comes at an important time with recent government changes 'stapling' workers ...

Intergenerational transfer hits $1.5tn

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
... - but did not do so wisely to overcome inflation. In real inflation-adjusted terms, each $1 of inheritance increased household wealth by $10 three years later, but only $0.90 some four to seven years later. The Productivity Commission predicts between ...

Economic recap: Week to December 3

BENJAMIN ONG  |  MONDAY, 6 DEC 2021
... belated picture of the Australian economy, forward and fresher indicators suggest a strong rebound in the fourth quarter. Household disposable income growth accelerated to a 4.6% rate in the September 2021 quarter from minus 0.43% in the previous three-month ...

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
... would be spending less as their pay rises as dearer prices erode their spending power. Tepid wage growth leads to less household spending, lower company sales and profits and, by extension, reduce economic activity and lower inflation. The RBA wouldn't ...

Future Fund hits $199 billion

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
Future Fund's latest portfolio update shows the sovereign wealth fund is just shy of hitting $200 billion. "After the exceptional 22% return in 2020-21, the Future Fund continued to grow in the September 2021 quarter. Delivering a 10-year return of ...

Economic recap: Week to October 22

BENJAMIN ONG  |  MONDAY, 25 OCT 2021
... and got factories humming to satisfy these demands. This would have been the start of a virtuous cycle where increased household spending are met and catered for by stronger factory production and by extension, raised investment in plant and equipment ...

myprosperity launches new platform

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 OCT 2021
Financial services platform myprosperity launched its latest technology offering for financial advisers. The service is called Rooms and aims to create a collaborative, fully digital service where households and businesses can connect with financial ...