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Showing 351 - 360 of 5904 results for "Rates"

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... said. Those that provide superannuation forecasts must express them in present values using the prescribed default inflation rates for nominal wage inflation and consumer price inflation, unless a user has inputted an alternate rate. "The default inflation ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
... costs, regardless of individual means. Other measures to be introduced include allowing providers to charge higher maximum rates for rooms, allowing them to keep a portion of refundable accommodation deposits, and daily accommodation fees will now be ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
The European Central Bank (ECB) dropped interest rates to 3.5%, the second time it's cut by 0.25% this year. The bank lowered rates on the back of inflation data that met its outlook. It anticipates headline inflation to average 2.5% in 2024, 2.2% in ...

RBA lays down the law on interest rates

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
Reserve Bank of Australia (RBA) governor Michele Bullock has doubled down on keeping interest rates on hold for the remainder of this year, despite market expectations for a cut before Christmas. Speaking at the Anika Foundation Fundraising Lunch, Bullock ...

Schroders expands stable of global equity funds

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2024
... decarbonisation, demographics and deglobalisation. Cost pressures from these forces and high sovereign debt look set to keep interest rates higher for some time," it said. "A recalibration of investment quality, risk and asset mix seems likely. In this ...

ASIC cancels AFSL of foreign exchange contracts issuer

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
... derivative contracts that allow a client to speculate in the change in value of an underlying asset, such as foreign exchange rates, stock market indices, single equities, commodities or crypto assets. ASIC found FXOpen AU's failure to comply with its ...

Future Fund annual return 'very strong'

ANDREW MCKEAN  |  WEDNESDAY, 4 SEP 2024
... portfolio is now more robust to these events with relatively low exposure to fully priced equities, low exposure to interest rates and a range of inflation hedges in place. "In this environment, I consider the annual return of 9.1% to be very strong." ...

Aussie economy grows 0.2% in June quarter

ELIZA BAVIN  |  WEDNESDAY, 4 SEP 2024
... economic growth in positive territory," Smooth said. "This is not a sustainable position and shows that higher interest rates have done their job in slowing the economy. The Australian economy was fully 1% smaller than it would have been in the June ...

More to do in the fight against inflation: Chalmers

ELIZA BAVIN  |  TUESDAY, 3 SEP 2024
... businesses, and a wage rise for minimum wage earners and more help is on the way from this month." From this month, the maximum rates of Commonwealth Rent Assistance will increase by a further 10% which Chalmers said will benefit nearly one million households. ...

Acadian AM launches two new credit strategies

ELIZA BAVIN  |  MONDAY, 2 SEP 2024
... in real-time to short-term market opportunities." Acadian Australia chief executive Gillian Savage said that amid higher rates, demand for credit strategies was strong and growing, particularly among institutional investors. "Acadian has a long and successful ...