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Showing 11 - 20 of 667 results for "CPI"

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... economic outlook. The report, written by UBS economists George Tharenou and Nic Guesnon, noted while the consumer price index (CPI) is well above the RBA's target, underlying inflation pressure remains evident. "Headline CPI in the third quarter of the ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... quarterly basis, however, inflation climbed 1.2% in the third quarter, outpacing the 0.8% increase in June. "The latest reading on CPI inflation indicates that while goods price inflation has eased further, the prices of many services are continuing ...

TelstraSuper launches option, retirement tool

KARREN VERGARA  |  TUESDAY, 31 OCT 2023
... members who have plenty of time to ride out the ups and downs of more volatile investments." High Growth aims to outperform CPI + 4% (for Accumulation and RetireAccess Transition to Retirement members) and CPI + 4.5% (for RetireAccess income stream members). ...

TelstraSuper launches retirement product

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... stream to launch under the Retirement Income Covenant. "This innovative partnership has enabled TelstraSuper to offer its own CPI and market linked lifetime income streams as part of its broader retirement offering," Hamilton said. "Australians face ...

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
... assets declined from 6.8% to 6.3%. The $256.2 billion sovereign wealth fund delivered 6% in FY23 - well below its target of CPI plus 4%-5%. Chair Peter Costello said the performance reflects the portfolio's diversification across international markets ...

GESB debuts first sustainable option

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
... Meanwhile, in fixed interest, the option only excludes tobacco in so far as excluding producers. The option targets a return of CPI plus 3% over rolling seven-year periods. For a GESB Super member with a $50,000 balance, the annual fees and costs of ...

Bullock keeps cash rate at 4.10%

KARREN VERGARA  |  WEDNESDAY, 4 OCT 2023
... rise briskly and fuel prices have risen noticeably of late. Rent inflation also remains elevated. The central forecast is for CPI inflation to continue to decline and to be back within the 2-3% target range in late 2025," she said. Head of Deloitte Access ...

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
The Consumer Price Index (CPI) experienced a slight increase in the month of August, jumping to 5.2% from 4.9% in July. Data released by the Australian Bureau of Statistics (ABS) revealed that the major contributors to the price increase included housing ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... Conversely, service sector inflation is projected to stay high, with potential for month-to-month variability. Twelve-month CPI inflation fell 6.7% in August, falling short of prior Committee forecasts by 0.4%. Core goods inflation weakened, declining ...

Betashares expands fixed income range

CHLOE WALKER  |  THURSDAY, 21 SEP 2023
... government bond issued by the US Treasury, whose face value and interest payments are adjusted for inflation, as measured by the US CPI. Meanwhile, US10 will provide exposure to US Treasuries with maturities between seven and 10 years. Offering the potential ...