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Showing 241 - 250 of 3743 results for "Figure"

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
The unemployment rate remained steady at 3.5%, with a stronger than expected lift in jobs in March, however economists say it won't lead to a rate hike. According to the Australian Bureau of Statistics, unemployment is at the lowest seen since 1974. ...

Managed accounts achieve record inflows: IMAP

CHLOE WALKER  |  TUESDAY, 28 MAR 2023
... by the Institute of Managed Account Professionals (IMAP) and Milliman. This is up 9.8% when compared to December 2021's figure of $131.65 billion, according to IMAP's six-monthly managed accounts FUM Census. The census also recorded over $10 billion ...

Australian investors pivot portfolios

CASSANDRA BALDINI  |  THURSDAY, 23 MAR 2023
... consider the impact on the environment and society when making investment decisions; this is slightly higher than the global figure, which sits at 74%. Of this group in APAC, 67% agree that impact investments will be an increasingly important allocation ...

The unique experience of a single woman

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... on a decent wicket but continually endures issues with money. "She is single, has purchased her own home and is on a six-figure income," she explains. "But it's big annual expenses that come in, like strata, that shock her cash flow and make her ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
The rising cost of travel, fuel and many food staples continue to aggravate the quality of living for retirees as inflation leapt 7.5% in the last year. Oils and fats (20.8%), domestic travel and accommodation (19.8%), milk (17.9%), gas (17.4%), fuel ...

NZ advisers begin new licensing regime

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... named on a Financial Advice Provider licence. FMA director of deposit taking, insurance and advice Michael Hewes said this figure includes licences issued to sole operators, as well as small firms and large entities employing multiple advisers. "The ...

Dodgy advice bill nears $5bn: ASIC

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
Providing its final update on institutions' financial advice remediation programs, ASIC calculated AMP, ANZ, Commonwealth Bank (CBA), Macquarie, NAB and Westpac have so far paid a combined $4.7 billion. The remediation programs included in ASIC's update ...

Recession risk for Australia minimal: Forum

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
Australia will remain resilient amid raging headwinds posed by inflation and interest rates, to the extent that it will meet its growth forecast and avoid a recession, according to an investment expert. La Trobe Financial chief investment officer Chris ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
The Reserve Bank of Australia (RBA) is widely tipped to lift the cash rate by 25 basis points today to fight ongoing inflationary pressure. According to HSBC chief economist Paul Bloxham, inflation is too high and there's yet to be clear evidence ...

More DASS complainants flock to AFCA

KARREN VERGARA  |  MONDAY, 6 FEB 2023
The number of Dixon Advisory and Superannuation Services complainants continues to grow as more former clients have come forward to the financial complaints body for potential compensation. The number of complainants has grown by about 100 to 1700 as ...