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Showing 411 - 420 of 1879 results for "Never"

RBA lifts cash rate to 1.85%

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
The Reserve Bank of Australia (RBA) has chosen to increase the cash rate by 50 basis points to 1.85%, consequently, this is now a fourth consecutive monthly rate rise. The RBA's decision comes as it continues its attempt to return inflation to its 2-3% ...

US enters recession - or does it?

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... neither the official definition nor the way economists evaluate the state of the business cycle." "Recession probabilities are never zero, but trends in the data through the first half of this year used to determine a recession are not indicating a d ...

CPI rises, IMF lowers global outlook

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... neither the official definition nor the way economists evaluate the state of the business cycle." "Recession probabilities are never zero, but trends in the data through the first half of this year used to determine a recession are not indicating a d ...

RBA scenario implies record costs: UBS

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
UBS has forecast that the Reserve Bank of Australia's (RBA) rate rise assumptions would cause an unprecedented payment spike for households. The RBA's scenario of a 300-basis point increase in interest rates by mid-2023 would see interest payments as ...

Recession a distinct possibility: Natixis

ANDREW MCKEAN  |  THURSDAY, 21 JUL 2022
Most investment strategists believe that a recession is a distinct possibility over the next six months, with a Natixis survey showing that nearly one-quarter think it's inevitable. "After six months of navigating rising rates, inflation and geopolitical ...

Lonsec acquires Implemented Portfolios

CHLOE WALKER  |  THURSDAY, 21 JUL 2022
... Lonsec chief executive Mike Wright, the acquisition comes at a time when the need for financial advice in Australia has never been greater. "There's a real imbalance in the wealth management industry at the moment, and the imbalance is that the need ...

Mirvac to become trustee of AWOF

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
AMP Capital Wholesale Office Fund investors have voted to replace the trustee and manager of the fund with Mirvac Funds Management. Despite AMP Capital and Dexus putting forward a combined proposal to retain management of AMP's Capital Wholesale Fund ...

ANZ to purchase Suncorp Bank for $4.9bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
... Johnston said will be focused on meeting the needs of customers and communities at a time when the value of insurance has never been greater. "We acknowledge the needs of insurance customers are rapidly changing, with a preference for digital interactions ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... hiking 100 basis points," UBS said. That being said, RBA governor Phillip Lowe has argued that a 75-basis point move was never on the table as an option. Then again, Lowe once said Australia's inflation was transitory. Barclays expects the RBA to ...

ETF flows up despite volatility: Vanguard

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
Australian ETF net inflows remained positive through a volatile quarter, according to joint data from the ASX and Vanguard. However, compared to Q1, the industry's total assets under management (AUM) dropped almost 10% from $132 billion to $119 billion. ...