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Showing 231 - 240 of 4000 results for "Cut"

CC Capital outbids Bain again, increases Insignia offer

JAMIE WILLIAMSON  |  FRIDAY, 17 JAN 2025
CC Capital Partners has topped the most recent bid by Bain Capital to acquire Insignia Financial, lobbing a fresh offer of $4.60 per share. Bain Capital first made a move for Insignia Financial in early December, making an offer of $4 per share that ...

Coalition members call for superannuation guarantee reform

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
... the Coalition members as "astonishing," adding they revealed "how much they want to attack super," and how keen they are to cut wages. "We've seen in the last couple of days, Coalition MPs like Matt Canavan and others say that in order to get a pay rise ...

Legalsuper hunts for CIO

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... increase in member growth from April to November 2024 compared with the prior same period. Legalsuper also reported a 23% cut in the weekly administration fee from $1.30 per week down to 0.99 per cent per week, effective 30 November 2024. "This combination ...

Unemployment edges up despite jobs added

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
... something that the Reserve Bank of Australia (RBA) would want to see - VanEck portfolio manager Cameron McCormack said an RBA rate cut would still be a tight squeeze. "Today's release reinforces our long-running position that the RBA is unlikely ...

Subscription EVs attract HESTA, IFM interest

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JAN 2025
IFM Investors and HESTA, by way of its mandate with the former, will take a 49% stake in Splend Group, a provider of subscription electric vehicles. IFM Investors has made the investment via its Growth Partners Fund 2, with HESTA and others also investing ...

Economist's wishlist: Lower tariffs, bond yields settling

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2025
... reflects a reassessment by markets about the number of US rate cuts likely in 2025, after the Fed's "hawkish" December rate cut," Mousina said. "The lift in bond yields has probably gone too far, given our view that core inflation has further room to ...

Trump's response to global conflict adds uncertainty to private markets: IFM

ANDREW MCKEAN  |  TUESDAY, 14 JAN 2025
... Lillian Nunez said the firm now predicts that base rates will likely remain elevated throughout the year, with the first rate cut not expected before May, and for credit spreads to stay elevated, which will allow for an all-in risk premium that will ...

Bitcoin now 7th largest global asset

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
Bitcoin finished 2024 up 123.4%, ranking as the seventh largest global asset by market capitalisation, according to new research from Binance Australia. However, momentum stalled in late December when the US Federal Reserve scaled back its planned 2025 ...

ANZ, Macquarie bring forward rate cut expectations

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
Both ANZ and Macquarie have moved their interest rate cut predictions forward to February from May following last week's inflation data. ANZ head of Australian economics Adam Boyton said the bank was expecting core inflation to drop to 3.2%, down from ...

Australian economy on the up in 2025: Vanguard

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
Vanguard expects Australia's Gross Domestic Product (GDP) will gradually recover and increase by 2% in 2025 after experiencing its slowest growth rate in 32 years during 2024. Vanguard said this improvement will come despite the overhang of sticky inflation ...