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Showing 181 - 190 of 2862 results for "Outlook"

Federal Reserve kicks off easing cycle

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... adjustments to the target range for the federal funds rate, the committee will carefully assess incoming data, the evolving outlook, and the balance of risks." It is now expected that the Fed will continue to reduce rates throughout the remainder of ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... value of Platinum in a change of control context, including with reference to Platinum's current turnaround strategy, outlook, and planned future growth initiatives," Platinum said. "The Platinum board will also have regard to the absolute and relative ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... to 3.5%, the second time it's cut by 0.25% this year. The bank lowered rates on the back of inflation data that met its outlook. It anticipates headline inflation to average 2.5% in 2024, 2.2% in 2025, and 1.9% in 2026. "Inflation is expected to rise ...

Clime posts $3.8m loss

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
... positive results, improving cash flows and operating profits, resulting in a "promising turnaround" for the company's outlook. Clime reported that it's returned to profit and is targeting a minimum $2 million annual operating profit. It said ...

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... responding to new and heightened risks. "At a time of considerable geopolitical volatility and with an uncertain economic outlook, it's vital that banks, insurers and superannuation trustees are prepared for whatever potential challenges could arise," ...

Fed's Powell says 'time has come' to cut rates

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... adjust. The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks," Powell said. However, Powell did acknowledge that while inflation risks have subsided, labour ...

AET boosts Equity Trustees' FY24 performance

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... million. Funds under management, administration, advice, and supervision grew 27% year on year to $202.8 billion. "The outlook for FY25 benefits from the scaling down of one-off costs related to the integration of AET and our substantial technology investments ...

Acquisitions boost WT Financial Group results

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... Sentry Advice, Synchron Advice, had more than $23 billion in FUA at the end of 2023. "We've remained confident that the outlook for the advice profession has never been stronger for those who embrace its ongoing modernisation. The demand for quality ...

Netwealth FUA nears $90bn

KARREN VERGARA  |  TUESDAY, 13 AUG 2024
... the platform in early FY2025 with approximately $1.2 billion of FUA net inflows in July 2024. We are confident in our outlook and future growth opportunities which we believe are very significant."

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... hawkish than we anticipated. But given the RBA is highly data dependent it will ultimately be the data that determines the outlook for monetary policy," Aird said. "Recent events offshore, particularly in the US, highlight that the picture can change ...