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Showing 171 - 180 of 1266 results for "UPS"

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
The Federal Trade Commission (FTC) is investigating OpenAI, the artificial intelligence research firm that owns ChatGBT, to evaluate possible negligence and consumer harm. In a 20-page document sent to the Microsoft-backed AI firm, regulators demanded ...

Australian inflation downturn on the horizon: AMP

ANDREW MCKEAN  |  THURSDAY, 13 JUL 2023
Australian inflation will fall over the next six months, according to AMP deputy chief economist Diana Mousina. During an AMP webinar, Mousina noted peak Australian inflation trailed the US by around six months, suggesting a similar delay should be ...

Ag sector boosts Australia's productivity

KARREN VERGARA  |  TUESDAY, 11 JUL 2023
A new report from the Productivity Commission finds that the agriculture sector is turbocharging the Australian economy well ahead of other industries, thanks to the favourable weather conditions of recent years. The newly released Productivity Commission ...

Graduates confident about finance career prospects

JAMIE WILLIAMSON  |  THURSDAY, 15 JUN 2023
Despite the current environment, Australian university graduates are generally upbeat about their job prospects, even more so than they were in 2021. Among the most confident are those looking for a role in finance, the CFA Institute found. According ...

Geoff Lloyd to chair Stake

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... chair of the Financial Services Council. Since then, Lloyd has spent time collaborating with and investing in fintech start-ups both locally and internationally. In his new role at Stake, Lloyd will provide senior counsel to the executive team, assisting ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
The Fair Work Commission lifted Australia's minimum and award wages by 5.75% to alleviate incomes eroded by inflation, but experts say the Reserve Bank of Australia (RBA) won't be backing off anytime soon. Speaking this morning, Fair Work Commission ...

Risk of recession growing: Podcast

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
AMP chief economist Shane Oliver says the risk of recession is rising alongside the Reserve Bank of Australia's (RBA) rate increases. Earlier in the week, the Australian share market rallied following the decision by US lawmakers to raise the debt ...

Regulation, funding inhibits digital advice: Report

KARREN VERGARA  |  MONDAY, 22 MAY 2023
... breaches whereby one in two robo-advisers state this as one of their top priorities. Funding is an issue for many of these start-ups. Some providers are seeking a compelling commercial case which would allow them to customise and scale to meet the needs ...

GAM shareholders challenge acquisition

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
An investor group that controls 8.4% of Swiss fund manager GAM is challenging its proposed acquisition by Liontrust Asset Management. Last week, GAM announced it had agreed to be taken over by Liontrust, in a deal that would create a $100 billion fund ...

Australian Retirement Trust reduces fees, ups premiums

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
Australian Retirement Trust is reducing fees across a range of its investment options, including most indexed offerings. However, any savings will be offset by substantial increases in insurance premiums. The fund notified members that, from July 1 ...