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Showing 11 - 20 of 2556 results for "Oil"

Inflation skyrockets in March, RBA hike almost certain

ELIZA BAVIN | WEDNESDAY, 29 APR 2026

... the official cash rate. "While business and market sentiment remain fragile amid geopolitical uncertainty, persistently high oil prices and a tight labour market are likely to sustain upward pressure on inflation, keeping the RBA hawkish. We expect a ...

'Beware the predictions of political experts': UniSuper

ELIZA BAVIN | TUESDAY, 28 APR 2026

UniSuper chief investment officer John Pearce said despite market and oil price volatility because of the ongoing conflict in the Middle East, US exceptionalism is not dead yet. Pearce said that while there have been some ups and down associated with ...

Regal Partners' FUM drops by $0.6bn

RIDDHIMA TALWANI | MONDAY, 20 APR 2026

... conditions during the quarter as the conflict between US and Iran escalated, Regal Partners said. The conflict drove up prices of oil and interest rates, it said, alongside weaker global equity markets. Performance in hedge funds dropped by $800 million ...

Rest strengthens investment approach, digital member services

MATTHEW WAI | THURSDAY, 16 APR 2026

... situation in the Middle East remains uncertain. A relatively fast resolution is likely to see markets stabilise, although oil prices may take some time to ease as supply is normalised. This scenario would support a more favourable growth outlook," Rest ...

Global economy 'drifting' to adverse scenario: IMF

RIDDHIMA TALWANI | WEDNESDAY, 15 APR 2026

... the Strait of Hormuz, we are moving away from the (reference) scenario," he said. Gourinchas added the reference scenario of oil prices remaining at an average of $80 a barrel is still relevant. "We could still have a normalisation if a solution is found ...

'Not much' RBA can do about short-term inflation woes: Hauser

ELIZA BAVIN | WEDNESDAY, 15 APR 2026

... exporter: that coal, liquid natural gas, is quite a good earner at the moment, but we are almost wholly reliant on imports for oil, and we are the highest user of diesel per capita in the world," he said. "So, this is a big real income shock for Australia ...

Spheria launches active ETF for small caps fund

MATTHEW WAI | TUESDAY, 14 APR 2026

... ETF Review for March, top performers were dominated by defensive and counter-cyclical exposures, with sharp rally in crude oil lifting commodity-focused funds. In March, the Australian ETF industry recorded "very strong" net inflows of $5.6 billion. ...

Magellan, WAM suffer due to Iran conflict

ELIZA BAVIN | WEDNESDAY, 8 APR 2026

... $39.9 billion to $37.5 billion. "The broader market sell-off was driven by escalating Middle East tensions and the resulting oil shock," WAM said. "This shifted the domestic inflation and interest rate outlook, with the Reserve Bank of Australia minutes ...

US, Iran agree to cease fire, outlook remains 'uncertain'

MATTHEW WAI | WEDNESDAY, 8 APR 2026

The ceasefire agreement between the US and Iran, confirmed by both parties, has seen an immediate market reaction with oil prices dipping below US$100 for the first time since the US launched its attacks. The agreement arrived a day after an ultimatum ...

Calm urged as global markets look 'increasingly unstable'

ELIZA BAVIN | TUESDAY, 7 APR 2026

... happens to markets if the risk of disruption to the Strait of Hormuz is now permanently higher?" Roughly a fifth of global oil supply passes through the Strait of Hormuz, making it one of the most sensitive pressure points in the global economy. VanEck ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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