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Showing 481 - 490 of 3448 results for "ABS"

Jones progresses green finance standards

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2022
Assistant treasurer Stephen Jones committed to working with the finance industry to establish national standards for a green taxonomy that will define sustainable finance in Australia. Jones stopped short of committing to legislating the forthcoming ...

Challenger launches new alternatives fund

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
Challenger has launched the Challenger Solutions Liquid Alternatives Balanced Fund, seeking to deliver positive absolute returns in excess of the cash rate, regardless of the market environment. The fund is managed by Challenger's newly formed Solutions ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... pressures and to begin budget repair," the strategy said. Pertinently, data today from the Australian Bureau of Statistics (ABS) shows the Consumer Price Index (CPI) rose 1.8% in the September quarter. Over the 12 months to September 2022, CPI rose 7.3% ...

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
At the Commonwealth Bank Global Markets conference, Reserve Bank of Australia (RBA) assistant governor Christopher Kent said inflation is too high in most economies, reflecting disruptions to supply coupled with strong demand. In his presentation, Kent ...

Andrew Hagger leaves Tattarang

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
After three years in the role, Andrew Hagger has stepped down as chief executive of Twiggy Forrest's Tattarang and the Minderoo Foundation. In an announcement late yesterday, the private investment group said Hagger has decided to transition out ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... inflation is sustained at just 5%, a rate well below the current 6.1% CPI estimate by the Australian Bureau of Statistics (ABS), retirees' nominal purchasing power will be halved over 14 years. Therefore, older Australian need a different approach ...

Revolution AM adds to board

CHLOE WALKER  |  WEDNESDAY, 19 OCT 2022
Vicki Hartley and Bill Entwistle have been appointed as non-executive directors to the board of Revolution Asset Management. With a career spanning over 30 years in financial service, Hartley was most recently chief financial officer at Lendi. She has ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
The Federal Reserve has invited public comment on an advance notice of proposed rulemaking to enhance regulators' ability to resolve large bank failures. The Fed said recent merger activity and growth has increased the size of large US banking organisations ...

Firetrail global opportunities fund hits ASX

CHLOE WALKER  |  TUESDAY, 11 OCT 2022
Firetrail's S3 Global Opportunities Fund is now available as an ETF on the ASX, with the ticker S3GO. The fund, which launched in November 2021, is a concentrated portfolio of Firetrail's best global equity ideas and aims to outperform the MSCI ...

FPA seeks broader scope for CSLR

CHLOE WALKER  |  MONDAY, 10 OCT 2022
In its pre-budget submission, the Financial Planning Association of Australia (FPA) has called on the federal government to broaden its proposed compensation scheme of last resort (CSLR) and to extend the ASIC levy freeze for advisers for another year. ...