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Showing 321 - 330 of 3619 results for "Interest rates"

Major economies buoyed by tight jobs market

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... been expecting the unemployment rate to be higher than it is by now, given the contractionary impact of higher interest rates." The labour market in the US also shows no signs of abating. "The unemployment rate remains historically low, job openings ...

UniSuper rides tech tailwinds to strong returns

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2023
... FY23 with -9%. "The fall was in part a correction from a very strong rally, and also a negative reaction to higher interest rates. The current share price looks well supported with a of yield of 5.5%, expected to grow by 3% p.a.," Pearce explained. "Furthermore ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... economies and the recent experience of those countries highlighted the upside risks to inflation and the outlook for interest rates," it added. On the flip side, the RBA acknowledged mortgage repayments were around a record high in May, inflation is ...

TelstraSuper MySuper delivers 9.34%

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... property investments, leading to a general softening in demand for these assets. "Our current central view is that interest rates have yet to peak, and we will likely continue to see high inflation, even if it does reduce slightly. High inflation, combined ...

CFS settles super fees class action

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... still pursuing Commonwealth Bank and CFS over another class action related to not offering super members the best interest rates.

Office sector down 8%: MSCI

KARREN VERGARA  |  FRIDAY, 14 JUL 2023
... estimates that the office sector will decline by US$800 billion. "The impact on value could be even stronger if rising interest rates compound it. Similarly, the impact could be stronger if troubled financial institutions decide to more quickly reduce ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... have changed but the economic outlook is still treacherous as inflation continues to be balanced against rising interest rates. Chalmers acknowledged Australians are still doing it tough. "The government knows that Australians are under the pump right ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... outlook," he said. "The board decided that having already increased rates substantially, it was appropriate to hold interest rates steady this month and re-examine the situation next month."

Platforms FUM falls $20bn: Report

CHLOE WALKER  |  WEDNESDAY, 12 JUL 2023
... (4.9%). Plan For Life noted that these results came despite central banks ending an unprecedented era of ultra-low interest rates and moves to normalise monetary policies to get a handle on inflation.

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... £28 billion a year of unfunded spending commitments, as some are suggesting, would entrench inflation and push up interest rates," he said. "These reforms, conversely, unlock capital from the private sector delivering growth not by subsidy, but by increasing ...