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Showing 31 - 40 of 667 results for %22CPI%22

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
The Consumer Price Index (CPI) has softened to 6%, however a further rate hike in August is not off the table. The Australian Bureaus of Statistics (ABS) said headline inflation was lower than the 7% annual rise in March, marking the second consecutive ...

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... not affected by stock markets downturns or other global catastrophes such as wars. "Risk businesses generally move up with CPI, which is about 5% per annum at the moment," he said. The sharp increase in global inflation has been largely driven by government ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... inflation was forecasted to remain above target for an extended period. "Members noted that several Consumer Price Index (CPI) categories for which inflation was typically quite persistent already had too high inflation, including rent and services prices ...

AustralianSuper posts solid return for FY23

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
... an average of 8.23% per annum over three years, 6.72% over five years, and 8.6% over 10 years. The balanced option targets CPI+4% returns through a diversified strategic asset allocation. Predominantly, the fund is invested in international and Australian ...

RBA pause short but sweet: Mousina

CASSANDRA BALDINI  |  WEDNESDAY, 5 JUL 2023
... rates as much." Ultimately, what happens next will come down to either consumer resilience or inflation dropping. "The monthly CPI is probably the most important right now," she said. "The inflation data that we got last week showed a larger drop in ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
... property, infrastructure, fixed income pretty and every asset class." The majority of the Balanced option, which aims for CPI+3.5% in returns, is invested in Australian and international equities with a strategic allocation of 24% and 30% respectively. ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
The Consumer Price Index (CPI) has fallen to 5.6%, fueling hopes the Reserve Bank of Australia (RBA) will pause interest rate hikes next week. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), came as a pleasant ...

VanEck reduces management fees on ETFs

CASSANDRA BALDINI  |  MONDAY, 19 JUN 2023
... to upgrade ageing utilities by 2035." "With IFRA, investors receive attractive, stable income streams, often regulated and CPI-linked which offer more defensive characteristics in high-inflation environments than other securities," he said. Meanwhile ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... likely peak in the cash rate but acknowledge the myriad uncertainties. The key swing factor is the speed of adjustment in the CPI toward the RBA's 2-3% target. "We see the mostly likely outcome of the June meeting as a pause." After the RBA surprised ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... present but will still have concerns. "When you put that together with other indicators of strengthening wages growth, and the CPI coming in higher than expected on Wednesday, we have decided to pencil in one more rate hike," he said. "We think we will ...