Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 411 - 420 of 5904 results for "Rates"

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... inflation. Recent months have largely played out in line with our expectations that core inflation would be sticky and cash rates would be higher for longer," Lill said. However, companies with strong balance sheets, higher profitability, and strong ...

HESTA returns 9.1% to members

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... officer Sonya Sawtell-Rickson said the strong returns reflected resilience in public financial markets, even as interest rates remained above 4% over the financial year. However, she cautioned that recession triggers are still a looming threat in Australia ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... lower than in 2022/23 and remained below the borrowing levels of 2018 and 2019. Janus Henderson said the rise in interest rates appears to have been a factor in "moderating appetite" to borrow. Nevertheless, takeovers were the major driver of the increase ...

Australian Retirement Trust delivers 11.3% in FY24

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... positions plus spread. In an environment with no defaults and relatively attractive spreads and relatively high interest rates, it's not surprising that you're carrying high, single digit returns," he said. Preliminary Chant West estimates show ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... asset classes, to lessen their risk of their wealth falling should residential property prices pull back on higher interest rates and any slowing in the economy," Keith said. "While property owners have benefited from property price rises, more defensive ...

Dexus sells three assets for $383.2m

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... billion. The drop was primarily driven by the office portfolio, which decreased 11.3% on the back of higher capitalisation rates and discount rates. The industrial portfolio fell by about 1.2%, with Dexus saying strong rental growth largely offset the ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... not charging the fund for their labour. Or administrative services being provided to APRA regulated funds at discounted rates." Formica said that ever since the July 2018 changes, the industry has been lobbying for change but seemed to have "fallen on ...

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
... the RBA would likely feel uncomfortable waiting a further three months for the next CPI data release and will "surely lift rates in August". "The risk of baked-in inflationary expectations is too high," he said. "Three of the big banks have not announced ...

New Zealand exits recession

KARREN VERGARA  |  MONDAY, 24 JUN 2024
... currently 5.5% while inflation is tracking at 4%. ASB Bank predicts the Reserve Bank of New Zealand (RBNZ) will cut interest rates from early 2025. Its inflation target sits between 1% and 3% over the medium term. "For the RBNZ, today's GDP print ...

Where does the world's largest active manager say to invest?

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
... the report said. For example, when Amazon started working on robots to pick and pack items into shipping boxes, failure rates were high, and successful picks took up to two minutes each. Seven years later, its new 'Sparrow' robot can process about two-thirds ...