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Showing 221 - 230 of 1400 results for "Household"

Recession risk for Australia minimal: Forum

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
... in savings and $110 billion in offset accounts. The lower income group on the other hand might be feeling the pinch. Household savings for low-income earners fell materially in 2022 after experiencing growth the prior year, suggesting that "this particular ...

Women the future of advice: Netwealth

CASSANDRA BALDINI  |  MONDAY, 13 FEB 2023
... of the workforce (75%) by 2025. The data further revealed 22% of Gen Y women will have higher-than-average levels of household income, estimated at over $150,000. Netwealth explained third of Gen Y and Gen Z (35%) women included in the research are single ...

Inflation expected to have peaked: RBA

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
... economic growth is expected to slow in 2023. The Australian economy is expected to slow down, with recent declines in household real wealth and disposable income expected to weigh on consumption growth. Despite this, export volumes are expected to grow ...

Value companies to outperform in 2023: VanEck

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
... 2022, lagging the benchmark by 19%. "The challenging landscape is likely to extend into 2023 for discretionary stocks as household savings continue to diminish and the majority of fixed mortgages roll off later this year," McCormack said. "As the cumulative ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... coming months to bring inflation back in line. The RBA will continue to closely monitor global economic developments, household spending, inflation, and the labour market to determine the extent of future interest rate hikes needed, Lowe said. "The Board ...

Financial markets brace for gloomy first half

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
Analysts warn that the first six months of 2023 will be the toughest for financial markets but expect more positive momentum by the end of the year. According to Fidelity International's annual analyst survey, over the next 12 months, debt defaults ...

AZ NGA buys stake in Melbourne advice firm

CHLOE WALKER  |  MONDAY, 6 FEB 2023
... Bentleys chair John Delmo said the group's strategic partnership with AZ NGA presented opportunities to build a national household accounting and advice brand, invest technology solutions, and enhance its client value proposition and employee value proposition. ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... policies are adequate, but recommended monitoring potential risks that could stem from, higher interest rates, high household debt, and falling house prices.

Future looking bright for advice: Survey

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... revenue on average, as opposed to 14% among other local firms. High performers were also generating more revenue per household at about $8400 versus $7400. Average revenue per senior adviser was also significantly higher than elsewhere, coming in at ...

Don't call it a comeback: APRA on IDII

CHLOE WALKER  |  TUESDAY, 10 JAN 2023
... profitability, this reduces affordability and leads to poor consumer outcomes. "This will be further exacerbated by the lower household income and spending in a high inflation environment," it said. Meanwhile, the reserves that were set aside in anticipation ...