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Showing 411 - 420 of 4047 results for "inflation"

Ageing Australians rapidly shifting retirement planning

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... is running out of money, either because they outlive their savings or because it is eroded by external factors like inflation or market volatility. "Since the Superannuation Guarantee was introduced in 1992, Australians have gained a decade of life expectancy. ...

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... official cash rate on hold at 4.35% in June but would not rule out another hike in the future. The RBA board noted that inflation had fallen substantially since its peak in 2022 but said recent federal and state budgets could "add to demand". "Recent ...

Australia's competitiveness climbs world rankings

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
... to 13th in the IMD World Competitiveness Yearbook 2024, a global ranking of the competitiveness of 67 nations. "While inflation and the cost of living are hurting households and businesses alike, this result shows Australia's economy has been comparatively ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... board has stuck to in recent months. "In the wake of the data flow since the board last met, that seems appropriate. Inflation remains stubbornly high," Miller said. Miller said the April monthly consumer price index (CPI) indicator exhibited ongoing ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... Chalmers said at the Morgan Stanley Australia Summit in Sydney yesterday that a key goal of the Budget was to fight inflation in a way that doesn't damage an already weak economy. "... the primary focus of the Budget was to tackle inflation and provide ...

US looks towards rate cuts, Australia lags behind

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... its funds rate target at 5.25-5.5% in a unanimous decision. However, the Fed acknowledged "modest progress" to its 2% inflation target after previously stating there was a "lack" of progress and retained its stance that the next rates move would be down. ...

Lazard enters local ETF industry with infra offering

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUN 2024
... 'preferred' subset providing an asset class that can deliver clear benefits: diversification, lower volatility, and inflation protection." ​Also commenting, Lazard Asset Management chief executive Paul Cuddy said: "We are pleased to now offer this ...

Most in-demand skills for financial services workers

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... as consumer and business confidence improves." Highest paid positions Salaries have been in line with or better than inflation, with around 4% increases on base salaries and bonuses have been paid on target, according to the data. Baker said that trend ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... 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 policy transmission, the bank's Governing Council ...

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 ...