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Showing 31 - 40 of 528 results for "Economic outlook"

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... responding to new and heightened risks. "At a time of considerable geopolitical volatility and with an uncertain economic outlook, it's vital that banks, insurers and superannuation trustees are prepared for whatever potential challenges could arise," ...

Mercer Super chalks up 11.2% return

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
... market volatility is expected to remain high over the next 12 to 18 months because of "key elections." The global economic outlook, however, has improved as unemployment is expected to remain low. There is also potential for interest rates to be lowered ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... expansionary than anticipated. But we do not think the Budget has shifted the dial on the RBA's assessment of the economic outlook," Aird said. "RBA governor Bullock stated that she does not think the $300 energy bill relief will have, 'a material impact ...

HNWIs wealth reaches unprecedented levels

ANDREW MCKEAN  |  FRIDAY, 7 JUN 2024
... 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 HNWI wealth grew by 4.7% in 2023, reaching $86.8 trillion. Additionally, the HNWI ...

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... with the economy's capacity. We project 1% growth in 2024. This is up slightly from our most recent World Economic Outlook update. Thanks to stronger government spending. And achieving sustained 2%, inflation looks increasingly likely." The IMF predicts ...

Fund selectors harbour AI bubble fears, affirm belief in its longevity

ANDREW MCKEAN  |  THURSDAY, 8 FEB 2024
... realigning their investment strategies to account for increasingly volatile geopolitical forces and an uncertain macro-economic outlook. "With investors' money on the line, it's no surprise that fund selectors are turning more towards active management ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... unanimously predicted that the RBA would leave the base rate as is for now. "While there are encouraging signs, the economic outlook is uncertain and the board remains highly attentive to inflation risks. The central forecasts are for inflation to return ...

Volatility an opportunity for skilled active managers: GSFM

ANDREW MCKEAN  |  WEDNESDAY, 24 JAN 2024
... fraught with Rumsfeldian "known unknowns and unknown unknowns", a marked departure from the consensus Goldilocks economic outlook - a benign slowdown and smooth disinflationary environment. Warning that the risks of sticky inflation and an unexpected ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... presently impaired assets amounting to $7.4 billion. According to PwC, this illustrates the banks' prudent economic outlook and ability to withstand an economic downturn. Operating expenses also rose over $2 billion (5.7%), comparable to overall ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... 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 and Nic Guesnon, noted while the consumer price index (CPI) is well ...