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| | | The Reserve Bank of Australia (RBA) cut the cash rate by 25 basis points, bringing the official interest rate down to 4.1%. While the cut was widely expected, the RBA was quick to diffuse any hopes of a quick cutting cycle. "A range of indicators suggest ... |
| | | | ... slew of acquisitions skyrocketed assets under management (AUM) by 45% in the half year to December to $18.5 billion. At the rate it is going, the alternatives fund manager expects to double AUM to $50 billion over the next three to five years. HMC operates ... |
| | | | ... Barrenjoey chief economist Jo Masters believes the Reserve Bank of Australia (RBA) should hold off on making an interest rate cut today. Speaking at the Financial Standard Chief Economists Forum in Sydney, Masters said that while the market is pricing ... |
| | | | ... risks in the current economic climate, including the bleak GDP growth Australia is generating. Although the unemployment rate in Australia has remained relatively low, GDP growth has been less than enlightening, Tagg said. "We're probably looking ... |
| | | | The Reserve Bank of Australia (RBA) is expected to deliver its first interest rate cut since November 2020 when the board meets tomorrow. However, while most of the market is expecting a regular 0.25% cut, Betashares chief economist David Bassanese ... |
| | | | The housing construction sector is lagging Australia's productivity levels by 49% and is helping fuel the affordable housing crisis, a new report from the Productivity Commission reveals. The Housing construction productivity: Can we fix it? report ... |
| | | | Fiducian Group reported an 11% increase in funds under management, administration, and advice (FUMAA) to $14.4 billion thanks to improved inflows and the steady rise of the financial markets. The funds management business saw assets grow by 16% in the ... |
| | | | Commonwealth Bank of Australia (CBA) delivered another strong half yearly result this week, reporting net profit after tax of $5.14 billion. Yet, despite the continued strong performance, analysts are highly conscious of how overvalued the bank might ... |
| | | | ... International Centre for Financial Services (ICFS), commissioned by the SMSF Association (SMSFA), the five-year annualised rate of return (ROR) on SMSFs between 1 July 2018 and 30 July 2023 was 6.5% compared with 5.3% for APRA funds over the same period. ... |
| | | | ... expected to be allocated to the energy transition globally by 2050. Climate Tech Partners is targeting over 20% internal rate of return net of fees. |
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