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Showing 281 - 290 of 1421 results for "Household"

RBA raises interest rates again

ANDREW MCKEAN  |  WEDNESDAY, 6 JUL 2022
The Reserve Bank of Australia (RBA) has increased the cash rate by 50 basis points, ramping up its efforts to quash runaway inflation. RBA governor Phillip Lowe stayed the course with his assessment that while the Australian economy remained resilient ...

Retirement Income Covenant a win for advisers - but for how long?

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... money. Nanayakkara added that what's lacking right now is a super fund's ability to talk to members about their household situation, echoing Cameron's earlier sentiments. "That is making it difficult for us to provide good advice, good guidance ...

Stagflation: What should we expect?

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
... been eroded by inflation. Things like petrol prices, electricity prices, all these things sort of eating away at that household balance sheet and all those accumulated savings." According to Joiner, collapsing global consumer confidence should also be ...

You can't have it all: Retirement income strategies

JAMIE WILLIAMSON  |  THURSDAY, 16 JUN 2022
... helping them manage risk." He added that what's lacking right now is a super fund's ability to talk to members about their household situation. "That is making it difficult for us to provide good advice, good guidance and good information to our members ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... would peak in late 2021 which has subsequently proven to be wrong. Instead, inflation has continued to rise, eroding household incomes and spending, hitting vulnerable households and emerging-market economies particularly hard. "Further increases in ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... the Australian economy is resilient, he signalled the 0.8% growth in the March quarter and 3.3% growth over the year. "Household and business balance sheets are generally in good shape, an upswing in business investment is underway and there is a large ...

Stuart Robert named shadow financial services minister

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
Stuart Robert has been handed the financial services portfolio in Peter Dutton's shadow ministry, while Angus Taylor is shadow Treasurer and Jane Hume becomes finance minister. Robert has been appointed as the shadow assistant treasurer and shadow minister ...

ASFA, Deloitte recommend group insurance changes

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
Collaborating to examine the benefits of insurance offered via superannuation, the Association of Superannuation Funds of Australia (ASFA) and Deloitte have made recommendations as to how it could be enhanced. A joint report titled ' The Future of Insurance ...

Relax rate expectations: Franklin Templeton

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
... What the RBA delivers will be the most significant driver for bond market returns over the year ahead, he added. "With household debt levels at record highs and consumer confidence already weak, a cash rate as implied by current markets would likely ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... standards don't go backwards. Further to the ACTU's concerns, the Australian Bureau of Statistics (ABS) revealed that the household saving ratios had fallen. Head of national accounts at the ABS Sean Crick commented: "The household saving to income ratio ...