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Showing 241 - 250 of 1528 results for "First Time"

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
Yesterday, the Reserve Bank of Australia surprised markets by lifting the cash rate target for the first time in over a decade. The decision to raise rates 25 basis points to 0.35% came as the RBA sought to withdraw the extraordinary monetary support ...

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
... evolving balance of risks as it determines the timing and extent of future interest rate increases." This also marks the first time interest rates have been raised during a federal election campaign since 2007. Responding to the RBA's decision, the ...

Breach reporting regime a distraction: Report

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
... to 1 October 2021. The increases relate to them, as ACL holders have no prior benchmark; they are reporting for the first time." Of the reports being lodged, 23% are on advice-related issues, "suggesting the provision of 'general advice' and ...

Low wage growth a deliberate design feature: ACTU

ANDREW MCKEAN  |  TUESDAY, 3 MAY 2022
... wages report shows that over the entire term of the Morrison government, real wages have fallen by 2.3%. This is the first time this century that workers' real incomes are lower as they head to the polls than they were the last time they voted. Surging ...

Fund inflows drop sharply: Calastone

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
... compared to Q4. Also notable, Calastone revealed that inflows to ESG equity funds exceeded those to non-ESG funds for the first time in the quarter - A$746 million compared to A$452 million. Interpreting the figures, managing director of Australia and ...

Australians are crypto-curious but not committing

CHLOE WALKER  |  FRIDAY, 8 APR 2022
... say they are likely to acquire cryptocurrency in the next year. Among the crypto-curious who plan to purchase for the first time in the next year, 47% were women. Women in developing nations lead the way,,representing at least half of crypto owners in ...

28% of super products rated AAA

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
... Of the 193 products that received a AAA rating, 184 maintained their rating from 2021, five were newly rated for the first time, and four were re-instated after previously being recognised with a AAA rating. There are 174 super funds in Australia, according ...

War in Ukraine sparks defence spend

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... Federal Budget. The increased allocation to defence will bring Australia's defence spending above 2% of GDP for the first time in 20 years. The government will build a new submarine base on the east coast of Australia as part of a $10 billion spend on ...

ASIC releases latest adviser exam results

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... sitting were successful. Of the February candidates, 73% were sitting the exam for at least the second time. This was the first time the exam had been administered by ASIC following the dissolution of the Financial Adviser Standards and Ethics Authority ...

Generational home ownership gap widens

JAMIE WILLIAMSON  |  TUESDAY, 22 MAR 2022
... generations were first life insurance policy and the writing of a Will. When it came to taking out life insurance for the first time, 36% of Baby Boomers did this by age 30, while 26% of Gen X did. Interestingly, 31% of Millennials reported having taken ...