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Showing 461 - 470 of 6869 results for "Economy"

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
... pointing towards a potential rate hike. "Ultimately the case to hold was the stronger one 'based on the view that the economy was still broadly tracking on a path consistent with returning inflation to target in 2026, while preserving as many of the ...

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... two million members," Lill said. Rest has identified digitalisation as one of the megatrends that will shape the global economy over the long-term. "... we are firmly of the view that the recent enthusiasm for AI and tech innovation is not simply a passing ...

GigSuper goes into liquidation

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... self-employed, has entered voluntary liquidation. GigSuper launched in 2017 in the hope of helping those working in the gig economy save better for retirement. It partnered with the likes of Deliveroo, whose Australian operations collapsed in 2022. In ...

Stafford Capital secures $220m First Super mandate

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... partners, Stafford said. "First Super is looking forward to continuing to support this important part of the Australian economy," First Super chief executive Bill Watson said. "Our size means we can continue to invest our members' retirement savings ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... 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 assets such as fixed income ...

New Zealand exits recession

KARREN VERGARA  |  MONDAY, 24 JUN 2024
... March quarter following two consecutive quarters of decline, putting to bed its technical recession for the meantime. The economy was buoyed by electricity, gas, water, and waste services; rental, hiring, and real estate services; education and training ...

Greece taps BlackRock FMA to build sovereign wealth fund

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... Fund with the help of BlackRock's Financial Markets Advisory. Kostis Hatzidakis, Greece's minister of national economy and finance, affirmed the country's plans to set up the first sovereign wealth fund this week, which will reportedly have ...

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... and the evolving assessment of risks. In doing so, it will continue to pay close attention to developments in the global economy, trends in domestic demand, and the outlook for inflation and the labour market. "The board remains resolute in its determination ...

Australia's competitiveness climbs world rankings

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
... "While inflation and the cost of living are hurting households and businesses alike, this result shows Australia's economy has been comparatively resilient despite global and domestic pressures," CEDA senior economist Melissa Wilson said. In addition ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... research Graham Cooke said a rate cut was still unlikely given persistent inflation. "Despite some signs of a weakening economy, inflation remains above target, making a rate cut unlikely," he said. "Nobody saw COVID-19 or the war in Ukraine coming ...