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Showing 21 - 30 of 3592 results for "Inflation"

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
The Reserve Bank of Australia (RBA) kept the cash rate unchanged at 4.35% on the back of positive inflation data in its first meeting for 2024. Despite inflation registering at 4.1% for the month of December, down from a peak of 7.8% one year prior ...

RBA anticipated to delay interest rate cuts

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... cuts, citing its delayed commencement of rate hikes, comparatively modest interest rate increases, and a slower pace of inflation decline in Australia. Notably, Australian Bureau of Statistics data from last week revealed that the annual CPI inflation ...

Australian Ethical, Infradebt to launch infrastructure debt fund

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... It also offers good risk-adjusted returns, and portfolio protection that can help hedge against market volatility and inflation, all while contributing positive social and environmental outcomes and achieving financial returns.

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
Annual inflation in December 2023 was 4.1%, down from 5.4% the previous quarter, but still above the Reserve Bank of Australia's (RBA) 2-3% target band. This marks the fourth consecutive quarter of declining annual inflation, down from a peak of 7.8% ...

Norway's oil fund returns 16% in 2023

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2024
... than 12%, overall producing a combined 0%. Unlisted renewable energy projects returned 3.7% for the year. "Despite high inflation and geopolitical turmoil, the equity market in 2023 was very strong, compared to a weak year in 2022," Norges Bank Investment ...

Hyperion leads as top Australian shares fund manager: Mercer

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... Group and NextDC," Mercer head of equities Shannon Reilly said. He attributed the success of growth managers to easing inflation and a favourable interest rate outlook for 2024, factors he deemed instrumental in besting their value-oriented counterparts. ...

AI mania will underwhelm advice: Finura

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
"AI mania" will over-promise and underdeliver for financial advisers, while superannuation funds are tipped to give digital advice a boost, Finura Group's 2024 predictions reveal. In the latest Australian wealth tech predictions report, Finura highlights ...

Ex-Merricks commodities guru launches hedge fund

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... disrupting traditional supply chains, leading to the rerouting of commodity flows and shifting relative commodity values. "Inflation and higher interest rates creates friction in the supply chain that we are able to take advantage of," Davis said. The ...

Treasury unveils Stage 3 tax cuts changes

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... settings," Treasury said. It calculated the tweaks as "broadly revenue neutral" and does not expect them to aggravate inflation. A worker earning $40,000 would receive a $654 tax cut but is not entitled to one under the Morrison government's Stage ...

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
... Commonwealth Bank predicts the Reserve Bank of Australia (RBA) will drop the base rate by 0.75% from September in the hope inflation returns to an acceptable 2-3% target range. HSBC, however, doesn't foresee a rate cut until 2025. Younger advised ...