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Showing 161 - 170 of 3749 results for "Figure"

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... could result in higher-for-longer inflation. "It's a tough pill to swallow, but the reality is that an unemployment figure of at least 4.5% would be needed to cool inflation," VanEck head of investments and capital markets Russel Chesler said.

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
APRA has imposed additional licence conditions on Cbus and BUSSQ over governance concerns in the wake of the CFMEU scandal. The prudential regulator's additional licence conditions stipulate that Cbus' trustee, United Super, and BUSSQ bring ...

Challenger pre-tax profit up 17%, raises dividend to 26.5c

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... which UBS analysts highlighted as a "key number" was up 14% to $417 million. However, annuity sales, also considered a key figure, were down 6% to $5.2 billion. Challenger managing director and chief executive Nick Hamilton said the firm had delivered ...

Custody assets exceed $5tn milestone

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2024
... (ACSA) data shows assets grew by 5.4% in the first half of the year. They now total $5.04 trillion; at December end, this figure was $4.5 trillion. This was driven, in part, by investors' higher allocations to global assets, which increased more than ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
The ongoing scandal surrounding the Construction, Forestry, and Maritime Employees Union (CFMEU) has called into question the governance settings within the industry superannuation fund sector, with some suggesting boards no longer require - or benefit ...

What Yarra Capital is buying in the dip

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
Global markets were rocked at the start of this week over fears of a potential US recession after a higher-than-expected jump in US unemployment figures. But Yarra Capital head of macro and strategy Tim Toohey said while the risk of a recession in the ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
The Consumer Price Index (CPI) rose 1% in the June quarter and 3.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The June quarter rise is the same as the 1% rise in the March 2024 quarter," ABS head of price ...

More than 11k businesses call in administrators

MATTHEW WAI  |  FRIDAY, 26 JUL 2024
... data shows more than 11,000 companies entered external administration for the first time last financial year. While the figure is higher than previous peaks in 2011-12 and 2012-13, ASIC clarified that there are more businesses in Australia today; there ...

Consultation opens on tax practitioners' registration

KARREN VERGARA  |  MONDAY, 22 JUL 2024
... profits from Australia to tax as well as tax havens. Former PwC head of international tax Peter-John Collins was a central figure in the scandal. His actions resulted in a two-year ban from the Tax Practitioners Board (TPB), while ASIC barred him from ...

RBA needs to 'rip the band-aid off' and hike rates: VanEck

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... the RBA's target range of 2% to 3%," Chesler said. "It's a tough pill to swallow, but the reality is that an unemployment figure of at least 4.5% would be needed to cool inflation." Chesler said it appears as though the tight labour force will persist ...