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Showing 1 - 10 of 668 results for "CPI"

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... March board meeting," Commonwealth Bank senior economist Belinda Allen said. "Stronger economic data, including the Q1 24 CPI print, caused the rate hike discussion. Although the minutes noted the stronger data was all non-consumer related with consumer ...

REI Super updates Conservative option

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... underlying investments and the risk and return profile of the investment option." The Conservative option aims for net returns of CPI+0.5% per annum over three-year rolling periods. Its asset allocation is split across mainly in international bonds hedged ...

Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... until it gets more inflation data in the coming months. "It would be logical for the RBA to await two additional quarterly CPI readings before adjusting its course," she said. "The central bank maintains a neutral stance, a touch more hawkish than the ...

AvSuper prepares members for merger, fee changes

KARREN VERGARA  |  FRIDAY, 22 MAR 2024
... AvSuper wrote to these members. As an example, the AvSuper Growth option aims to achieve a return after fees and tax above CPI over rolling 10-year periods by 3.5% p.a. These members will be aligned to ART's Balanced option, which aims to return ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
... for Life research, found the products are currently far too expensive to do so. The analysis found that a 25-year fixed term CPI-indexed annuity paying a retirement income stream equivalent to the Age Pension would cost more than $500,000. The same annuity ...

Teals will push for super tax indexation: Burgess

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... indexation," he said. Providing input as to the amendment, the association has proposed it be linked to the consumer price index (CPI). "Of course, there are lots of different ways that you could index this CPI, but we've chosen that method because ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... pace of inflation decline in Australia. Notably, Australian Bureau of Statistics data from last week revealed that the annual CPI inflation rate decelerated to 4.1%, down from the peak of 7.8% in December 2022. Bloxham further emphasised that a larger ...

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
... insurance and financial services (up 8.8%), and alcohol and tobacco (up 6.4%) were the main drivers of the annual increase. "CPI inflation is often impacted by items with volatile price changes like automotive fuel, fruit and vegetables, and holiday ...

Hostplus ups fees on socially responsible option

JAMIE WILLIAMSON  |  WEDNESDAY, 13 DEC 2023
... Hostplus said. In the year to June 30, the option achieved a return of 7.85%. Its return target is rather conservative at CPI plus 3% over 20 years. The fund said new investments are also a factor. "In our commitment to continually improve your investment ...

Interest rates on hold as RBA pauses

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... information" received on the domestic economy since the November meeting has been in line with expectations. She said the monthly CPI indicator for October suggests that inflation is continuing to decrease, mainly due to the goods sector. However, she ...
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