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| | | ... economic David Bassanese agreed the Reserve Bank of Australia (RBA) would likely cut rates early in 2025, following the first release of CPI data in January. "All up, the lack of a downside surprise today has modestly weakened, but not shifted, my base ... |
| | | | APRA has published the in-depth data on super funds' expenditure from marketing costs and payments to industrial bodies to spending on member services, as the regulator puts a spotlight on how member money is being spent. AustralianSuper had the ... |
| | | | APRA has been questioned by the House of Representatives around how it monitors superannuation fund performance and whether there should be more focus on fees over returns. Independent MP Allegra Spender questioned APRA deputy chair Margaret Cole on ... |
| | | | The controversial $370 billion pact between the US, Australia, and the UK, or 'AUKUS', is being sold as a boon for the economy and nation-building exercise that will amplify defence capabilities and strengthen regional security. But is it all ... |
| | | | ... growth prospects, while support for the most vulnerable should be maintained." The Australian Bureau of Statistics will release September monthly CPI data next week. The Reserve Bank of Australia has said it will be looking closely at the monthly CPI ... |
| | | | Commonwealth Bank (CBA) head of Australian economics Gareth Aird conceded the stronger than expected unemployment data released yesterday does not strengthen the case for the Reserve Bank of Australia (RBA) to start cutting interest rates. Additionally ... |
| | | | ... Entireti." George added that the launch of AMP's small business and consumer digital bank remains on track, with a first release to AMP employees expected in the coming weeks, ahead of the public launch in Q1 next year. "While we progress towards launch ... |
| | | | The unemployment rate held steady at 4.1% in September, in line with the revised figure for August, according to seasonally adjusted data released by the Australian Bureau of Statistics (ABS). "With employment rising by around 64,000 people and the ... |
| | | | VanEck has revealed last month's best and worst performing exchange-traded funds (ETFs), as the industry hits $220 billion. The highest returns came from the VanEck China New Economy ETF, which climbed 21.4%, followed by the iShares China Large-Cap ... |
| | | | The Reserve Bank of Australia (RBA) board has held strong on its standpoint that an interest rate cut is not yet on the cards, as it released minutes from the September meeting. The board said that while inflation had been slowly coming back into the ... |
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