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Showing 11 - 20 of 12520 results for "Economic"

Rest teams up with Fidelity to launch new fund

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... expected to grow as we continue to see the property sector respond to global decarbonisation priorities and other worldwide economic and geopolitical factors." Lill added that other drivers of demand included the re-onshoring of supply chains and the ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... offered higher returns and less volatility." The IMF said that while private corporate credit has created significant economic benefits, the migration of lending from regulated banks and transparent public markets to the more opaque world of private ...

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... pressures. This is why prices and rents continue to rise despite affordability constraints," the economists said. In a related economic development, despite the Reserve Bank of Australia's (RBA) rate hikes last year, with a backdrop of a continuing population ...

Powell confirms rate cuts likely 'at some point' this year

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... confirmed the bank is targeting a rate cut "at some point this year". "Powell reiterated that the better than forecast US economic performance gives the FOMC time to let data guide policy, but that interest rates will likely be cut at some point this ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
The Senate Economics Legislation Committee has recommended the passage of the Superannuation (Objective) Bill 2023, marking its likely enactment. The Committee urged Parliament to prioritise passing the bill in a report released last week because of ...

Aware Super chair named governor-general

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... Chief Executive Women as well as a National Mental Health Commissioner. She also led the government's Women's Economic Equality Taskforce. Aware Super chief executive Deanne Stewart confirmed Mostyn would step down from her role as chair following ...

BlackRock faces 'stiff competition' from APAC asset managers

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
... It showed APAC fund selectors place increasing importance on asset manager expertise in 2023, as a way of offsetting economic and geopolitical uncertainty, downward pressure on fees, and an increasingly onerous regulatory burden. "A cautious outlook ...

Australian private capital industry surges 33%

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... long-term averages, the private capital industry has proven to be resilient, notwithstanding more subdued global market and economic conditions," chief executive of the Australian Investment Council Navleen Prasad said. "While 2021 and 2022 offered more ...

Investment managers embracing AI: Mercer

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... opportunity for value creation. Managers currently using AI expect the integration of its capabilities to deliver positive economic benefits, with an average expectation of a US$14 trillion boost to the global economy by 2030. Most managers predict AI ...

Indigenous communities reunited with $25m in lost super

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... provider, we are committed to expanding our community outreach and maintaining strong partnerships that help us pursue economic reconciliation." Usher added that while the foundation is proud of what it was able to achieve in 2023, it is looking to exceed ...