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Showing 481 - 490 of 3396 results for "ABS"

RBA weighs controversial pre-election rate rise

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
Just over two weeks before the federal election, the Reserve Bank of Australia (RBA) will make a decision on interest rates which could have huge political implications. At present, underlying inflation is well above the RBA's target band and most economists ...

CPI sees greatest jump since 2000

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... since the introduction of the Goods and Services Tax in 2000. The growth, revealed by the Australian Bureau of Statistics (ABS) yesterday, came in above expectations and well above the Reserve Bank's targets. It was largely driven by new dwellings, automotive ...

Macquarie responds to term deposit scam

CHLOE WALKER  |  THURSDAY, 28 APR 2022
Macquarie Group has issued an official warning to customers after someone posed as a staff member and swindled a widow out of $760,000. Macquarie Group has said it is aware of a scam using its name to solicit fake term deposit applications through a ...

Reframing disability: A world-changing opportunity

ANDREW MCKEAN  |  THURSDAY, 28 APR 2022
At the 2022 ASFA Conference yesterday, senior representatives of TAL and Rest emphasised the importance of supporting people with disability with a holistic claims experience. Explaining the common challenges customers experience, TAL chief claims officer ...

Commonwealth Bank appoints new chair

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
Commonwealth Bank has appointed a new chair of the board, with Catherine Livingstone departing in August. Livingstone has decided to retire from the CBA board after the finalisation of the financial statements and accounts for this financial year. In ...

Pain of commodity price increases to last: World Bank

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
... development of new energy sources and invest in energy efficiency, like the weatherisation of buildings. Also released today, the ABS has revealed CPI jumped 2.1% in the March 2022 quarter and 5.1% annually. Most commentators were expecting a figure ...

Real unemployment far higher than ABS claims: Roy Morgan

ANDREW MCKEAN  |  TUESDAY, 19 APR 2022
... latest Roy Morgan findings showing that 2.3 million Australians (16.2% of the workforce) fall into these categories. However, ABS statistics paint a very different picture. ABS estimated that 563,000 Australians were unemployed (4.0% of the workforce) ...

Heritage Bank, People's Choice proceed with merger plans

CHLOE WALKER  |  TUESDAY, 19 APR 2022
The banks are moving forward with plans to merge following a rigorous due diligence process. The merger between Heritage Bank and People's Choice Credit Union is set to create an organisation with about 720,000 members and $22.5 billion in total assets. ...

L1 Capital portfolio manager leaves to start family office

CHLOE WALKER  |  THURSDAY, 14 APR 2022
After 14 years, Lev Margolin will leave the firm to start his own family office, focusing on a range of opportunities in TMET, gaming, infrastructure, agriculture and financials across both public and private markets. Commenting on his departure, Margolin ...

AustralianSuper, LUCRF Super agree to SFT

JAMIE WILLIAMSON  |  MONDAY, 11 APR 2022
The two industry superannuation funds will merge in June, having signed a successor fund transfer deed. AustralianSuper and LUCRF Super have been in talks to merge since mid-2021, at the time allocating a 12-month window in which to complete due diligence ...