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Showing 411 - 420 of 4771 results for "Reserve"

Msquared Capital bolsters local team

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
... Bank of Queensland and ANZ. The appointments come at a time when private credit markets are booming. According to the Reserve Bank of Australia (RBA), non-bank lenders account for 5% of the financial system's total assets, issued in equal parts by ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
While Australia's economy has been surprisingly resilient to Reserve Bank of Australia (RBA) rate hikes, inflation remains well above global trends, according to UBS's 2024-2025 local economic outlook. The report, written by UBS economists George Tharenou ...

Centrepoint Alliance acquires Financial Advice Matters

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
Centrepoint Alliance has entered into a binding agreement to purchase 100% of Brisbane-based financial advice firm Financial Advice Matters Group (FAM). Centrepoint Alliance said the transaction, subject to the fulfilment of closing conditions, should ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
The Reserve Bank of Australia (RBA) hiked the cash rate to 4.35% as it continues to grapple with subduing inflation. RBA governor Michele Bullock yesterday pushed up the base rate by another 25 basis points, saying that while inflation in Australia ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... seen big blowouts in the program." Elsewhere, ahead of tomorrow's Melbourne Cup rate decision, Chalmers said that the Reserve Bank of Australia (RBA) will independently make a choice off the back of data it's reviewed. "Whatever their decision ...

Macquarie appoints Byres, half-year results decline

KARREN VERGARA  |  FRIDAY, 3 NOV 2023
... February 2024. Byres left APRA last October after serving as chair for more than eight years. Byres was also a member of the Reserve Bank of Australia's Payments System Board during that period. He is currently an adviser with the International Monetary ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... increase in June, prompting GSFM investment strategist Stephen Miller to label an upcoming interest rate adjustment by the Reserve Bank of Australia (RBA) on Melbourne Cup Day as near certain. Miller pointed out that the most recent RBA board meeting ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... remediated in due course as the super fund has rectified its issues. Another super fund's administrator incorrectly coded a reserve as contributions to the Australian Taxation Office. "For otherwise inactive accounts, this caused the period of inactivity ...

Inflation data not encouraging: Powell

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
Federal Reserve chair Jerome Powell has repeated the commitment to reducing inflation to 2% and maintaining a restrictive policy until this goal is reached. In a speech on Thursday, Powell told the Economic Club of New York that the September inflation ...

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
The current high interest rate environment is forcing the Future Fund to rethink its asset allocation, particularly its weightings in property and alternatives, in a bid to curb any potential liquidity issues. Rising interest rates, soaring 10-year ...