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Showing 281 - 290 of 4000 results for "Cut"

Household spending drops in September: CBA

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... September, supporting our view that softer economic data, coupled with a further deceleration in inflation will see the RBA cut interest rates in December 2024." The CommBank HSI Index tracks month-on-month data at a macro level and is based on de-identified ...

Harris vs Trump: Key economic policy differences

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... raise the corporate tax rate is in sharp contrast to President Trump's agenda. This would reverse half of the corporate tax cut from 35% to 21% that was supported by President Trump and the Republican controlled Congress back in 2017," he said. However ...

Australian Ethical drops investment fees

ELIZA BAVIN  |  MONDAY, 14 OCT 2024
... 0.69%, and pension members in the growth option will see fees reduced from 1.06% to 0.98%. Performance fees have also been cut. Super and pension members invested in the conservative option will see performance fees reduced to nil from 0.01%. Additionally ...

Market has priced in 'too many' rate cuts

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
Investors are betting on several interest rate cuts from the US Federal Reserve before the year comes to a close. T. Rowe Price head of investment grade and portfolio manager in the fixed income division Steve Boothe said the market is pricing in several ...

RBA feels 'not enough has changed'

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
The Reserve Bank of Australia (RBA) board has held strong on its standpoint that an interest rate cut is not yet on the cards, as it released minutes from the September meeting. The board said that while inflation had been slowly coming back into the ...

Praemium unveils Spectrum for HNWs

MATTHEW WAI  |  TUESDAY, 1 OCT 2024
Financial advisers now have access to a suite of solutions specifically tailored to high-net-worth (HNW) clients, known as Praemium Spectrum. Users can access a range of comprehensive assets, tools, and capabilities to better facilitate holistic wealth ...

Limiting negative gearing could add $2bn in annual revenue

ELIZA BAVIN  |  MONDAY, 30 SEP 2024
Making changes to negative gearing could be worth at least $2 billion a year in revenue, while reducing the capital gains tax discount could be worth around $5 billion a year, according to new research from the Grattan Institute. This comes as Treasurer ...

Pitcher Partners executives launch advice firm

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
Three Pitcher Partners executives have set off to launch Viola Private Wealth, an ultra-high-net-worth financial advice firm spearheaded by Charlie Viola. Viola, together with founding partners Sean Ward and Andrew Levi, bought out operational aspects ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
The monthly Consumer Price Index (CPI) indicator rose 2.7% in the 12 months to August 2024 - down from 3.5% in July, according to the latest data from the Australian Bureau of Statistics (ABS). Falls in fuel (-7.6%) and electricity (-17.9%) were significant ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
The US Federal Reserve delivered its first interest rate cut in four years, reducing the official cash rate by 50 basis points, but experts say the Reserve Bank of Australia (RBA) is still not in a position to do the same. Yesterday's official unemployment ...