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Showing 1891 - 1900 of 14210 results for "Interest"

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... shock that we are experiencing. An arbitrary increase of this magnitude consigns Australia to high inflation, mounting interest rates and fewer jobs." Oliver agreed it makes life tough for small businesses. "Small businesses that have been seeing big ...

CareSuper, Spirit Super charge ahead with $50bn merger

ANDREW MCKEAN  |  FRIDAY, 2 JUN 2023
CareSuper and Spirit Super have entered into a binding agreement to merge, set to finalise by late 2024. The combined superannuation entity will have $50 billion in funds under management (FUM) and serve over 500,000 members. Last year, former CareSuper ...

Frontier overhauls research function

ELIZABETH FRY  |  FRIDAY, 2 JUN 2023
... equity. "While Frontier has researched both areas in the past, we are boosting our focus in response to growing client interest and evolving markets. "Today it is increasingly a question of where to allocate within private markets (equity with higher ...

Heatmaps drive efficiencies, more consolidation: Cole

CHLOE WALKER  |  FRIDAY, 2 JUN 2023
Speaking at a standing committee this morning, deputy chair Margaret Cole noted that the heatmaps and performance tests have created a more efficient and transparent superannuation system that will ultimately drive more consolidation. While that might ...

Risk of recession growing: Podcast

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... issues I think that are critical for Australia, whether we have a US or global recession, is how much the RBA raises interest rates, and a lot there depends on inflationary pressures," he said. "But you'd also have to say the risk of recession in ...

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
... just a touch over 4%," he said. This is based on both the impact of the government's budget and the RBA's increase in interest rates. "This is our ambition and our hope, but it's also our expectation," he said. However, to achieve this, Lowe said "a ...

Hejaz backs local Islamic bank

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
... its products and infrastructure before it embarks on a limited launch. Some 12,500 potential customers have expressed interest in the bank's services. Hejaz Financial Services chief executive Hakan Ozyon said that the investment is in line with the group's ...

Zurich, InterPrac, Sequoia back pro-bono advice

CASSANDRA BALDINI  |  WEDNESDAY, 31 MAY 2023
... to helping those most in need." Through PFAN, InterPrac and Sequoia's network of advisers can now register their interest in providing pro bono financial advice. "InterPrac and Sequoia are pleased to support those who need advice the most, by participating ...

Italian private credit fund brings unique offering down under

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
... invested with a very conservative approach to private debt, meaning leverage in the region of three times EBITDA, and interest coverage in the region of six times the cost of data and the loan to value in the region of 35-40%. Already, the fund has been ...

Fractional farmland investing platform launches

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
... addressing the challenges often posed by intergenerational transfer of ownership," Foley explained. Foley said he expects keen interest in the LAWD Bricklet Marketplace over the coming months, with future supply to likely include a diversity of properties ...