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Showing 3401 - 3410 of 19586 results for "RIS"

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
The US Federal Reserve raised its policy interest rate by 0.75 basis points to 2.5% and indicated further increases will likely be appropriate. Explaining the decision, Federal Reserve chair Jerome Powell said: "From the standpoint of our congressional ...

Macquarie appoints directors to bank board

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
At its annual general meeting today, Macquarie Group chair Glenn Stevens provided a board update, including the introduction of three bank-only, non-executive directors (BOND) to the Macquarie Bank board. Stevens stated that, as previously noted to ...

Treasurer responds to dour inflation, growth

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
Treasurer Jim Chalmers has addressed Australia's confronting inflation numbers and the International Monetary Fund's (IMF) substantial global growth downgrades at a Canberra press conference. Unsurprised to see inflation north of 6%, Chalmers ...

Equities challenged but opportunities are there

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
While near term market volatility is expected to continue in Australia and overseas, it is not all doom and gloom, according to GSFM and Munro Partners. At a recent briefing, GSFM investment strategist Stephen Miller said that all developed country ...

Increased scale drives Diverger results

CASSANDRA BALDINI  |  THURSDAY, 28 JUL 2022
Diverger managing director Nathan Jacobsen said improving scale and pleasing organic growth were major factors in the firm's positive full-year results. Diverger reported a 26% increase in net profit after tax and a 9% jump in net revenues to over $30 ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
Australia's annual CPI inflation grew to 6.1% in the June quarter, slightly below the consensus forecast of 6.3%. Consumer prices rose 1.8% this quarter, again less than the 1.9% forecast. "Annual CPI inflation increased 6.1% in the June quarter ...

Office for Women combats financial abuse

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
A new resource released by the Office for Women will assist the financial services sector to understand how its financial products may be used in the financial abuse of women. The new resource, Guide to prevention and action on financial abuse within ...

Prime Super, YES Group acquire Savant

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
Prime Super and Yates Electrical Services (YES) Group have bought 100% of Savant Energy Power Networks. The deal will see the delivery of renewable energy solutions to developers and occupiers of apartments, retirement villages, shopping centres and ...

Victoria has the best economy - but not by much

CHLOE WALKER  |  MONDAY, 25 JUL 2022
CommSec's latest quarterly data shows Victoria is the best performing economy in Australia, ending Tasmania's long run at the top for the past nine quarters. In fact, Tasmania has slipped to third position in the rankings of the best performing economies ...

Net zero commitments in ASX200 companies doubles

CASSANDRA BALDINI  |  MONDAY, 25 JUL 2022
Net zero commitments are now the norm for Australian companies with $1.59 trillion or 70% of the ASX200's collective market capitalisation adopting them. Australian Council of Superannuation Investors' Promises, pathways and performance report details ...