Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 171 - 180 of 2469 results for "Budget"

Green budgets fatten amid global uncertainty

ROSE MARY PETRASS  |  TUESDAY, 21 JAN 2025
Although cautious about the broader global economy, Australian companies are confident about growth in 2025 and are pouring funds into decarbonisation - marking 2025 as an attractive entry point for green investors. The finding comes from a Capgemini ...

Monetary policy to underscore 2025 allocations

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
... have proved sticky. The US 10-year yield is above the level prevailing at the start of the year, fuelled by a gargantuan budget deficit - close to 7% of GDP - when the US economy is close to full capacity, he said. "That deficit means that the prospects ...

Chalmers defends budget deficits in MYEFO

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
... Chalmers has called his government's mid-year economic fiscal outlook (MYEFO) a "responsible set of books" despite major budget deficits likely to continue for a decade. The MYEFO forecasted a budget deficit of $26.9 billion for 2024-25, $46.9 billion ...

Insignia taps SS&C, outsources 1000 workers

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
Insignia Financial has tapped SS&C Technologies to transform its master trust business as part of its cost-cutting drive that is set to outsource more than 1000 of its employees to the fund administrator. The initial agreement sees SS&C providing technology ...

RBA to meet for final 2024 rate decision

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024
The Reserve Bank of Australia (RBA) will deliver its final interest rate decision today, with a hold predicted by most experts. The RBA has kept rates on hold at 4.35% all year, despite other global central banks having begun a rate cutting cycle. But ...

Millions of Aussies want episodic advice: Research

MATTHEW WAI  |  FRIDAY, 6 DEC 2024
More than 10 million Australian adults are set to seek financial advice, with more than half wanting access to a more flexible offering, a new report from Investment Trends reveals. The 2024 Financial Advice Report indicates that, out of the 21 million ...

Equity Trustees completes AET integration

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... director Mick O'Brien said the acquisition was exceeding expectations. "The integration was completed within the $22 million budget, delivering revenue synergies of $3.9 million in FY24, and the anticipated annual cost synergies of $3.5 million per annum ...

2025 economic outlook 'threatening': AMP

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... China could escalate," Oliver said. "Political uncertainty will likely be high in Europe with issues around the French budget and another potential election and a German election in the first half; and the Australian election is due by May although it's ...

Super funds set renewables targets

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
The Association of Superannuation Funds of Australia (ASFA) has welcomed the decision at a recent Treasury investor roundtable to progress work towards encouraging greater investment in Australia's renewables transition. The roundtable was for the Net ...

Magellan warns of staggering sovereign debt

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
... with a worsening in growth outcome," Magellan portfolio managers Elisa Di Marco and Alan Pullen say. "With the US federal budget deficit expected to hit US$1.8 trillion in 2024 and both US presidential candidates promising billions more in spending ...