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Showing 181 - 190 of 11407 results for "Rate"

RBA hike may come as soon as February

ELIZA BAVIN  |  FRIDAY, 12 DEC 2025
... policy next year. Citi economists have changed their outlook from an assumption the RBA would remain on hold to anticipating a rate hike as early as February. "We believe a tight labour market, new (higher) inflation forecasts, strong housing and household ...

Vanguard identifies strongest asset classes for coming decade

MATTHEW WAI  |  THURSDAY, 11 DEC 2025
... challenged by constraints in supply models due to weak productivity growth, which have reduced the economy's potential growth rate. As a result, even a modest rebound in private demand and GDP growth could stall disinflationary momentum earlier in the ...

AMP to pay $29m to settle class action

RIDDHIMA TALWANI  |  THURSDAY, 11 DEC 2025
AMP has settled a class action brought by Shine Lawyers in 2020, which claimed the firm's financial advisers breached their fiduciary and statutory duties to an estimated 100,000 clients. The AMP commissions and insurance class action was commenced ...

Russell Investments wins two mandates

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
Russell Investments has won two mandates from councils in New Zealand, collectively amounting to about $100 million. Napier City Council appointed Russell Investments as its investment manager to work closely with its funds management arm Ahuriri Investment ...

RBA opts to keep cash rate on hold

ANGELIQUE MINAS  |  WEDNESDAY, 10 DEC 2025
At its meeting yesterday, the Reserve Bank of Australia (RBA) reached a monetary policy decision to keep the cash rate unchanged at 3.6%. In explaining why, the board warned of possible rate rises in 2026 as it takes a more cautious response to inflationary ...

Prime Super awards fixed income mandate

RIDDHIMA TALWANI  |  WEDNESDAY, 10 DEC 2025
Prime Super has appointed MFS Investment Management to manage an active global fixed income mandate. The $9 billion super fund will invest in the MFS Global Aggregate Core Plus Fixed Income strategy, which seeks to outperform the Bloomberg Global Aggregate ...

Renters need twice as much super, risk poverty in retirement: SCA

KARREN VERGARA  |  TUESDAY, 9 DEC 2025
Renters are headed for "dire retirement outcomes" as a couple who does not own their own house requires nearly double the amount in superannuation for a comfortable retirement compared to homeowners, according to Super Consumers Australia (SCA). The ...

ASIC sues Diversa for First Guardian failures

KARREN VERGARA  |  TUESDAY, 9 DEC 2025
ASIC is suing Diversa Trustees for its role in the collapse of the First Guardian Master Fund, in which $300 million of member money was invested. In the Federal Court, ASIC put forth several allegations, starting with Diversa failing to conduct adequate ...

68% pass financial adviser exam: ASIC

KARREN VERGARA  |  MONDAY, 8 DEC 2025
... exam opens 23 January 2026 and closes 13 February 2026. Separately, the CFP's Certification Exam held in November saw a pass rate of 64% for the 3970 candidates who sat it. The CFP board said the November cohort was the second-largest number of people ...

'Unretiring' a global trend: T. Rowe Price

ELIZA BAVIN  |  MONDAY, 8 DEC 2025
T. Rowe Price's inaugural Global Retirement Savers Study has revealed nearly 34% of retirement savers worldwide expect to work at least part-time after retiring. The survey found this expectation is most pronounced in the United States, where 37% of ...