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Showing 211 - 220 of 4441 results for "Press"

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 ...

Mulino taps super sector to help pay CSLR special levy

ELIZA BAVIN  |  WEDNESDAY, 10 DEC 2025
Assistant Treasurer and Minister for Financial Services Daniel Mulino has suggested including APRA-regulated superannuation funds in the Compensation Scheme of Last Resort (CSLR) as the 2026 special levy has blown out to $47.3 million. Mulino added ...

Chalmers spurs on private sector investment

ELIZA BAVIN  |  TUESDAY, 9 DEC 2025
Treasurer Jim Chalmers said private market investment has been strong, helping spur economic growth. Chalmers said the private sector is taking over from the public sector as the key driver of growth in Australia. "Since we came to office, business ...

Super funds most relied upon for advice: Survey

MATTHEW WAI  |  WEDNESDAY, 3 DEC 2025
Australians continue to seek advice from their super funds but struggle to know exactly when they can retire, an MFS Investment Management survey found. The 2025 MFS Global Retirement Survey - studying some 1000 participants across Australia, Canada ...

Advisers acquired 300k new clients in 2025: Report

KARREN VERGARA  |  MONDAY, 1 DEC 2025
The number of new clients financial advisers acquired amounted to 300,000 in 2025, bucking the downward trend in recent years, an Investment Trends report shows. The 2025 Financial Advice Report found that after several years of decline in client acquisition ...

Inflation hits 3.8% in October

KARREN VERGARA  |  WEDNESDAY, 26 NOV 2025
Inflation rose 3.8% in the year to October, according to the Australian Bureau of Statistics (ABS), beating market expectations of 3.6%. The largest contributors to annual inflation were housing (+5.9%), clothing and footwear (5.4%), education (5.4%) ...

IMF tells Chalmers to curb spending

ELIZA BAVIN  |  FRIDAY, 21 NOV 2025
The International Monetary Fund (IMF) commended Australia on "managing a soft landing" amid ongoing global uncertainty but said comprehensive tax reform and greater spending efficiency are needed. "Inflation has declined significantly, the labor market ...

APRA stress tests for potential ASX failure

ELIZA BAVIN  |  THURSDAY, 20 NOV 2025
APRA is undertaking its first exploratory system risk stress test for superannuation funds and major banks, it revealed in its inaugural System Risk Outlook report. The prudential regulator said the new system risk stress test would be completed in ...

Talent crunch lifts base salaries for advisers: Kaizen

RIDDHIMA TALWANI  |  THURSDAY, 20 NOV 2025
The shortage of financial advisers is seeing firms increasingly raise base salaries by as much as $50,000, according to a report by Kaizen Recruitment. The recruitment firm's latest wealth management salary guide found it comes as superannuation funds ...

RBA says it can 'afford to be patient' on rate decisions

ELIZA BAVIN  |  TUESDAY, 18 NOV 2025
The Reserve Bank of Australia (RBA) November meeting minutes revealed there are ongoing concerns amongst board members about Australia's economy. While board members noted the central projection was for the economy to remain broadly in balance, and ...