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Showing 2101 - 2110 of 14210 results for "Interest"

Financial markets brace for gloomy first half

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
... spending. "Many companies may have partially insulated themselves from the immediate effects of rising US and European interest rates, but households are already suffering," the report said. Furthermore, businesses targeting consumers will have their ...

Vanguard Super head resigns

CHLOE WALKER  |  TUESDAY, 7 FEB 2023
... launch in November last year, Lovett told Financial Standard that approximately 18,000 potential members had expressed interest in taking up the product, in addition to several financial advice firms that would be to access it through the Vanguard Adviser ...

More DASS complainants flock to AFCA

KARREN VERGARA  |  MONDAY, 6 FEB 2023
... potential future CSLR". The Federal Court recently ordered Dixon Advisory to pay $7.2 million for failing to act in the best interest of eight clients on 53 occasions with respect to their investment in the ASX-listed US Masters Residential Property ...

Former association leads push for merger

JAMIE WILLIAMSON  |  FRIDAY, 3 FEB 2023
In an open letter to their respective members, former chief executives, chairs and presidents of the Association of Financial Advisers and the Financial Planning Association of Australia have unanimously recommended the merger go ahead. In the coming ...

Charter Hall acquires stake in healthcare facility

CHLOE WALKER  |  FRIDAY, 3 FEB 2023
Charter Hall's social infrastructure REIT (CQE) has purchased a 49.9% interest for $66.9 million in newly constructed healthcare, medical research, education, and training facility, Innovation Quarter (iQ). CQE has funded the acquisition of iQ through ...

AMP completes infrastructure equity business sale

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
... Dexus Funds Management. However, this deal has been delayed as AMP awaits Chinese regulatory approval for the sale of its interest in China Life AMP Asset Management (CLAMP) to Dexus. AMP and Dexus have engaged in discussions regarding an alternative ...

APRA outlines 2023 super priorities

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... members over the long-term," APRA said. To do so, APRA will focus on board capabilities, tenure, management of conflicts of interest and strength of internal control systems, including through targeted supervisory actions where sub-standard practices ...

Prime Super's general manager of investments departs

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... investment operations at Hostplus, spending 11 years at the industry fund. She's also served as a director of fixed interest at Rest's fund management subsidiary and as manager of internal portfolios and investment operations at UniSuper. Last ...

Federal Reserve increases rates 25bp

CASSANDRA BALDINI  |  THURSDAY, 2 FEB 2023
The US Federal Reserve has increased its benchmark interest rate by 25 basis points, the smallest move since March last year. The quarter-point increase shifted rates to 4.75% from 4.5%. In making the announcement the Fed signaled more rate rises could ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... supply and prioritising a sustainable return of inflation to target," the IMF said. "The RBA should continue raising interest rates, with the pace remaining data dependent. Near-term fiscal restraint will help support monetary policy in holding back ...