Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 698 results for "retail sales"

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... governor Phillip Lowe has highlighted the importance of key data points, including labour force data, consumer surveys, retail sales, and monthly consumer price data, in determining the central banks next move. While recent growth momentum has shown ...

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... sales were up 11% to $5.5 billion, driven by "exceptional" growth in retail annuity sales; up 89% to $2.1 billion. Retail sales also benefited from strong reinvestment rates; 68% of fixed term maturities were reinvested into a new product. Meanwhile ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... dovish expectations. "This is especially surprising to us given a range of softer domestic data recently - across retail sales, house prices, loans and credit growth, and employment and unemployment; the RBA didn't mention this," UBS said. UBS now forecasts ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
... chief economist Shane Oliver said underlying inflation surprised on the upside again in the December quarter and retail sales have remained solid. Consequently, the RBA is likely to raise rates. QIC chief economist Mathew Peter commented that despite ...

Australian CPI accelerates to 7.3%

CASSANDRA BALDINI  |  THURSDAY, 12 JAN 2023
... housing, with seasonal spending also a cause, following Black Friday's boosted sales. According to the data, retail sales rose by 1.4% while job vacancies fell to 4.9%. VanEck head of investments and capital markets Russel Chesler said labour market ...

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... forecasting a 25 basis point hike." "The RBA is aware that this is a double-edged sword. A tight labour market, strong retail sales, higher energy prices and continued supply shocks generally are all reasons to behave hawkishly; however, rate hikes locally ...

Warakirri Asset Management strengthens retail focus

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
Warakirri Asset Management has added to its retail sales team, recruiting from State Street Global Advisors. Melanie Fairbairn is taking on the role of regional manager, responsible for Victoria, South Australia and Tasmania and focused on family offices ...

QSuper bets on US recovery

ELIZABETH MCARTHUR  |  THURSDAY, 6 JAN 2022
... changing consumer behaviours, e-commerce will continue to boom, with online sales estimated to account for 30% of all retail sales over the next decade. "The Amazon phenomenon has changed both the nature of retailing and the industries that support it. ...

Talaria lists strategies on Chi-X

KARREN VERGARA  |  MONDAY, 18 OCT 2021
... spent over three years at AMP Capital in distribution roles, acting as an intermediary between the investment teams, retail sales and marketing teams. In his most recent role as portfolio specialist, Hannigan was responsible for the retail distribution ...

MFS Investment Management launches new trust

ANNABELLE DICKSON  |  WEDNESDAY, 29 SEP 2021
... Discovery Trust has been available to investors in the US since 2011. Last week, MFS confirmed its Australian head of retail sales Ross Cartwright is leaving his role to take on a different position in London.