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Showing 11 - 20 of 154 results for "CUP"

Inflation hits highest level in over a year

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
... October," he said. "If annual trimmed mean inflation only holds steady at 2.7% in the September quarter report, a Melbourne Cup rate cut could be a long shot. My expectation that annual trimmed mean inflation will drop to 2.5% - or at worst 2.6% - however ...

RBA cuts rates, experts debate next moves

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... coming months should eventually lift their animal spirits." Bassanese said he believes the next rate cut will come on Melbourne Cup Day in November, followed by further cuts in February and May 2026. Meanwhile, Schroders head of fixed income Kellie Wood ...

CALI launches review of Life Code

ELIZA BAVIN  |  THURSDAY, 31 JUL 2025
The Council of Australian Life Insurers (CALI) has appointed Peter Kell to lead an independent review of the Life Insurance Code of Practice (Life Code). The review will begin on 1 October 2025. The Life Code sets enforceable standards life insurers ...

Younger Aussies want personalised financial advice: CALI

MATTHEW WAI  |  TUESDAY, 22 JUL 2025
New research conducted by the peak body of life insurance indicated close to half of young Australians want financial advice on life insurance, but only one in 10 receive it. The Council of Australian Life Insurers (CALI) said more Australians between ...

Mental illness payouts balloon over $2.2bn: CALI

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
More Australians are leaving work permanently due to mental ill health than ever before with insurers paying out over $2.2 billion in mental health claims last year, according to new data from the Council of Australian Life Insurers (CALI). CALI said ...

Annuities' capital settings due for change: APRA

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
APRA's proposal to overhaul capital requirements for annuities is touted to be the most significant change for life insurers in more than a decade. The prudential regulator said it will detail its proposed changes in the second half of 2025. "This ...

Life insurers enhance domestic violence response

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
The Council of Australian Life Insurers (CALI) released new best practice guidance on family and domestic violence that sets new benchmarks for life insurers to better understand and engage with victim-survivors. The detailed framework will help Australian ...

UBS injects $100m into Centuria Bass

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... lending, responsible for private lending origination and loan management across Australia and New Zealand. The former Rugby World Cup champion brings around 20 years' financial services experience, including in various capacities at Allco Finance Group ...

Former Rugby World Cup champion joins Centuria Bass Credit

MATTHEW WAI  |  THURSDAY, 9 JAN 2025
... continue its growth trajectory." Notably, Giffin is known as the winning member for the Wallabies in the 1999 Rugby World Cup and was also a part of the runner-up squad in the 2003 Rugby World Cup. The news coincides the firm's recent effort to secure ...

Permanent disablement claims for mental health explodes

ANDREW MCKEAN  |  THURSDAY, 5 DEC 2024
Total and permanent disability (TPD) claims because of mental health for Australians aged 30 to 40 increased by 732% over the past decade, according to a new report by KPMG, commissioned by the Council of Australian Life Insurers (CALI). Although the ...