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Showing 401 - 410 of 4366 results for "Press"

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
The European Central Bank (ECB) cut interest rates by 0.25% to 3.75% - the first decrease in five years. The rate cut affects three key ECB interest rates based on an inflation outlook, the dynamics of underlying inflation, and the strength of monetary ...

HNWIs wealth reaches unprecedented levels

ANDREW MCKEAN  |  FRIDAY, 7 JUN 2024
The Capgemini Research Institute's World Wealth Report 2024, released today, shows high-net-worth individuals (HNWIs) and their wealth hit unprecedented levels in 2023, driven by a rebound in the global economic outlook. According to the report, global ...

Who is the highest paid S&P500 company chief?

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... only chief executive to receive a nine-figure amount out of the 341 executives in the annual analysis by The Associated Press and Equilar. To calculate the total pay, the study considers salary, bonus, perks, stock awards, stock option awards, and other ...

Higher-for-longer rates dominate adviser conversations

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
"Higher-for-longer interest rates" are dictating many adviser-client conversations, according to BT, as they gear up to close the financial year. An analysis of 8000 queries from financial advisers fielded by the BT technical services team found that ...

Retiree dilemma: Supporting children or preserving lifestyle?

ANDREW MCKEAN  |  MONDAY, 3 JUN 2024
AMP research has revealed that four in five Australians aged 65 and over believe their children face similar or harder challenges than they did amid the cost-of-living crisis. AMP found 70% of retirees, while wanting to support their children, are mostly ...

Australians selling assets over seeking help: ASIC

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
The Australian Securities and Investments Commission (ASIC) released new research which sheds light on the financial hardship faced by Australians. The research found that 47% of Australian adults with debt, the equivalent of 5.8 million people, have ...

Interest rate relief unlikely 'this side of Christmas'

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
The higher-than-expected monthly CPI data for April could mean the Reserve Bank of Australia's (RBA) hands are tied when it comes to higher-for-longer interest rates. Annual growth in the non-seasonally adjusted CPI lifted from 3.5% to 3.6% in April ...

Schroders announces structural, leadership changes

ELIZA BAVIN  |  WEDNESDAY, 29 MAY 2024
Schroders Australia has announced a structural change to its Australian fixed income and Australian multi-asset teams. Under the changes the two teams will come together as a combined investment capability under a single point of leadership. Schroders ...

Market pessimism over Insignia 'overblown'

ELIZA BAVIN  |  WEDNESDAY, 29 MAY 2024
Morningstar equity analyst Shaun Ler believes that the market is pessimistic over Insignia Financial and is downplaying its ability to stabilise its earnings. "Investors appear to be deterred by margin compression, sluggish flows, restructuring challenges ...

How much do you need to retire in Australia?

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
The Association of Superannuation Funds Australia (ASFA) has revealed that the cost of funding a "comfortable retirement" has risen to a record high. ASFA said couples need $72,663 per year, while singles require $51,630 annually to experience a comfortable ...