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Showing 31 - 40 of 3599 results for "Inflation"

Inflation falls to 4.1%, RBA weighs rate cut

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
Annual inflation in December 2023 was 4.1%, down from 5.4% the previous quarter, but still above the Reserve Bank of Australia's (RBA) 2-3% target band. This marks the fourth consecutive quarter of declining annual inflation, down from a peak of 7.8% ...

Hyperion leads as top Australian shares fund manager: Mercer

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... Group and NextDC," Mercer head of equities Shannon Reilly said. He attributed the success of growth managers to easing inflation and a favourable interest rate outlook for 2024, factors he deemed instrumental in besting their value-oriented counterparts. ...

Norway's oil fund returns 16% in 2023

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2024
... than 12%, overall producing a combined 0%. Unlisted renewable energy projects returned 3.7% for the year. "Despite high inflation and geopolitical turmoil, the equity market in 2023 was very strong, compared to a weak year in 2022," Norges Bank Investment ...

AI mania will underwhelm advice: Finura

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
"AI mania" will over-promise and underdeliver for financial advisers, while superannuation funds are tipped to give digital advice a boost, Finura Group's 2024 predictions reveal. In the latest Australian wealth tech predictions report, Finura highlights ...

Ex-Merricks commodities guru launches hedge fund

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... disrupting traditional supply chains, leading to the rerouting of commodity flows and shifting relative commodity values. "Inflation and higher interest rates creates friction in the supply chain that we are able to take advantage of," Davis said. The ...

Treasury unveils Stage 3 tax cuts changes

KARREN VERGARA  |  MONDAY, 29 JAN 2024
... settings," Treasury said. It calculated the tweaks as "broadly revenue neutral" and does not expect them to aggravate inflation. A worker earning $40,000 would receive a $654 tax cut but is not entitled to one under the Morrison government's Stage ...

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
... Commonwealth Bank predicts the Reserve Bank of Australia (RBA) will drop the base rate by 0.75% from September in the hope inflation returns to an acceptable 2-3% target range. HSBC, however, doesn't foresee a rate cut until 2025. Younger advised ...

Volatility an opportunity for skilled active managers: GSFM

ANDREW MCKEAN  |  WEDNESDAY, 24 JAN 2024
... Goldilocks economic outlook - a benign slowdown and smooth disinflationary environment. Warning that the risks of sticky inflation and an unexpected recession might be underestimated, Miller pointed to several structural factors that could be inflection ...

VanEck to unveil private credit ETF

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2024
... asset class. As private credit is typically operating on a floating rate, it can offer interest rate protection should inflation persist or continue to be sticky," he said. "Growth in the private credit segment is an unparalleled global phenomenon. We're ...

Future Fund soars to $272.3bn

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
... performance update, Future Fund chief executive Raphael Arndt said the fund remains resilient amidst the risks of sticky inflation and geopolitical issues, as well as the threat of a recession sparked by the collapse of US regional banks that did not ...