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Showing 21 - 30 of 775 results for "Petro"

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
The US inflation rate has fallen to 8.3%, but the Consumer Price Index continues to flirt with catastrophic 40-year highs. The index also revealed that costs had risen by a monthly rate of 0.3% in April after having risen 1.2% in March. This decline ...

UBS Australia could be banned from Papua New Guinea

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
Investment banking giant UBS could be banned from Papua New Guinea and forced to repay tens of millions as a Royal Commission uncovers questionable conduct. A Royal Commission will shortly deliver its verdict in PNG after examining a 2014 decision by ...

Consumer confidence rises as inflation expectations drop

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
This week ANZ-Roy Morgan consumer confidence increased by 2.3 points to 93.4 after petrol prices dropped approximately 30 cents per litre. But consumer confidence is still 14.3 points below its level from the same week a year ago. Consumer confidence ...

Labor promises cheap childcare, climate action

ELIZABETH MCARTHUR  |  FRIDAY, 1 APR 2022
In his reply to the 2022 Federal Budget, opposition leader Anthony Albanese has promised cheaper childcare and an investment in renewable energy. Like Treasurer Josh Frydenberg, Albanese focused much of his Budget reply speech on the cost of living. ...

Cash bonus and fuel excise cut

TOM WATSON  |  TUESDAY, 29 MAR 2022
With everything from the price of petrol and groceries to rent and childcare seemingly on the rise, the federal government has sought to target cost of living concerns in its 2022-23 budget with a number of temporary spending measures. For starters ...

Excise tax, super top budget worries

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
In the lead up to tonight's Federal Budget, economists agree that the election is likely to be firmly on the government's agenda - with popularity possibly trumping the effectiveness of policies. In December's mid-year economic and fiscal outlook ...

Inflation hitting retiree budgets: ASFA

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
Australian retirees' budgets are under threat by the rise of everyday living expenses, according to findings from the Association of Superannuation Funds of Australia (ASFA). ASFA's Retirement Standard for the December 2021 quarter indicates ...

Millennials fastest growing SMSF cohort

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
Millennials (born 1981 to 1996) represent the fastest growing segment of new SMSF accounts. This is according to new data from AUSIEX, which found during the first quarter of this financial year there was a 9.3% increase in new SMSF accounts opened ...

Energy leads top stock picks: Morningstar

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
The energy sector remains the only undervalued area of the Australian equity market while consumer cyclical is the most overvalued, according to Morningstar. The research house's latest equity market outlook for Q4 2021 revealed Woodside Petroleum ...

Cost of retirement increases

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
According to the latest figures from the Association of Superannuation Funds of Australia (ASFA) the cost of retiring increased in the June quarter. The ASFA Retirement Standard June quarter 2021 figures indicate that couples aged around 65 living a ...