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Showing 391 - 400 of 3618 results for "Interest rates"

GQG Aussie inflows up, total FUM slumps

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
... Index returned -18.4%. Carver sees last year's "equity de-risking" to reverse at some point, depending on when interest rates will peak. "Of course, no one knows when that will happen, but when it does, I feel that we will be well-positioned. The ...

We did too much: Lowe

CASSANDRA BALDINI  |  FRIDAY, 17 FEB 2023
... we thought we could do was to buttress the state based forward guidance by being clearer about when we thought interest rates would rise and, to my cost now, we said we didn't think they would rise until 2024," Lowe said. He reinforced it was part ...

I know it's hard, but it could be harder: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
... on their mortgages, but it'll be harder if inflation gets too high and stays too high, meaning even higher interest rates and lower employment." However, not everyone was convinced. Senator McKim fired back, saying Australians took on mass debt following ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... Super invested in in-house products. It also affected members in the FirstWrap Pooled Cash Account who earned lower interest rates well below the market so that for CFSIL could retain the margins for its own benefit. As ordered by the Federal Court ...

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... (EBIT) was $263 million, up 13%. Life earnings benefited from favourable macroeconomic conditions, particularly, interest rates rising off historical lows and fixed income credit spreads widening. Higher interest rates have also helped drive margin expansion ...

Recession risk for Australia minimal: Forum

KARREN VERGARA  |  TUESDAY, 14 FEB 2023
Australia will remain resilient amid raging headwinds posed by inflation and interest rates, to the extent that it will meet its growth forecast and avoid a recession, according to an investment expert. La Trobe Financial chief investment officer Chris ...

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
The Reserve Bank of Australia (RBA) has hiked interest rates to 3.35%, signalling that there are more rate rises ahead. Despite moderating global inflation, high CPI inflation in Australia (7.8%), driven by both domestic demand and global factors, remains ...

Financial markets brace for gloomy first half

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
... spending. "Many companies may have partially insulated themselves from the immediate effects of rising US and European interest rates, but households are already suffering," the report said. Furthermore, businesses targeting consumers will have their ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... supply and prioritising a sustainable return of inflation to target," the IMF said. "The RBA should continue raising interest rates, with the pace remaining data dependent. Near-term fiscal restraint will help support monetary policy in holding back ...

Norwegian wealth fund reports -14.1% return

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
... contributed most negatively to the absolute return. "The market was impacted by war in Europe, high inflation, and rising interest rates. This negatively impacted both the equity market and bond market at the same time, which is very unusual. All the ...