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Showing 371 - 380 of 11407 results for "Rate"

Labor proposes changes to ancillary funds

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
Labor is proposing several reforms to giving or ancillary funds that include increasing the annual distribution rate and smoothing out minimal distributions over three years. In the consultation paper Giving fund reforms: Distribution rate and smoothing ...

State Street's plan for power, product, partnerships

ANDREW MCKEAN  |  TUESDAY, 10 JUN 2025
... within those investments to gain greater yield. "We've been looking at how we can create some opportunities in floating-rate products that allow for a greater diversification away from the dominance of CDs," he said. He explained that "fixed income ...

GESB to roll out premium changes

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
GESB is making a range of changes to its group insurance offering, reducing some premium rates and implementing premium waivers for some members. From July 1, certain types of insurance will see premium reductions; GESB offers death, TPD and salary ...

Lower interest rates conducive for bigger risk appetite, small caps

KARREN VERGARA  |  FRIDAY, 6 JUN 2025
... world are now more dovish and find themselves in a global easing cycle. The European Central Bank (ECB) cut its interest rate to 2% this month, for example, while the Bank of England cut to 4.25% in May. "Interest rates reducing are good for small caps ...

ECB drops interest rates by 0.25%

KARREN VERGARA  |  FRIDAY, 6 JUN 2025
... 2% target as wage pressures continue to ease," Shah said. In early May, the Bank of England (BOE) lowered its key interest rate by 0.25 percentage points to 4.25% on the back of progress on disinflation over the last two years and as previous external ...

Australia's largest buyout firm hires from State Street GA

ELIZABETH FRY  |  THURSDAY, 5 JUN 2025
... Advisers. His background includes senior roles at Allianz Retire+ and BT Financial Group, as well as experience as an interest rate swaps broker at BGC Partners. Brown expressed his enthusiasm for the culture at Australasia's oldest and largest private ...

Private credit market has lenders sweating

ANDREW MCKEAN  |  THURSDAY, 5 JUN 2025
... past 15 years, driven by market conditions such as low interest rates and investor demand - particularly for its floating-rate exposure when bond yields were at low levels. "Its growth is also underpinned by regulatory changes that compelled banks to ...

Top companies, chief executives ranked by fund managers

ANDREW MCKEAN  |  WEDNESDAY, 4 JUN 2025
Extel, formerly Institutional Investor Research, has unveiled its inaugural executive survey, spotlighting Australia and New Zealand's top-ranked companies and chief executives. The survey gathered feedback from over 250 investors, fund managers ...

Minimum wage to rise 3.5%

JAMIE WILLIAMSON  |  TUESDAY, 3 JUN 2025
The National Minimum Wage and all modern award minimum wage rates will increase by 3.5% on July 1. The minimum wage is currently $24.10 an hour and, following the Fair Work Commission's decision today, will rise to $24.95 an hour. This equates to a ...

AMP launches superannuation feature to boost retirement income

ANDREW MCKEAN  |  MONDAY, 2 JUN 2025
... in the background of a member's super account, creating a 'concessional' balance that grows at the government-set deeming rate of 2.25%, instead of the actual return of the super fund. At retirement, members can transfer a portion of their super to an ...