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Showing 501 - 510 of 6933 results for "% December"

RBA seeks input on CBDC research project

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
... support the Australian economy in the digital age." Responses to the consultation paper must be received by Wednesday, December 11. In July 2022, the RBA and DFCRC commenced a pilot program to test the viability of the issuance of a CBDC in Australia. ...

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
The Federal Reserve cut interest rates overnight, in line with market expectations, but chair Jerome Powell faced a raft of questions over President-elect Donald Trump returning to the White House. The Fed continued its policy easing cycle with a 25 ...

Interest rates to remain on hold for some time

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
The Reserve Bank of Australia (RBA) left interest rates unchanged at 4.35% at the November meeting, with the board indicating there are no plans for that to change anytime soon. "Headline inflation has fallen, but underlying inflation is still too high. ...

FCA changes bonds, derivatives transparency rules

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
The Financial Conduct Authority (FCA) has introduced new transparency rules for bonds and derivatives markets and wants to expand payment options for investment research used by institutional investors. The regulator said it is making changes to the ...

Former super fund investment chief in new gig

ELIZABETH FRY  |  TUESDAY, 5 NOV 2024
Former Australian Catholic Super investment chief Michael Block has landed at Bellmont Securities, the boutique portfolio manager and broker. In the new role, Block will oversee all aspects of Bellmont's investment strategy and portfolio management. ...

E&P Financial advances delisting

KARREN VERGARA  |  MONDAY, 4 NOV 2024
E&P Financial Group will delist from the ASX after shareholders narrowly approved the move at the Extraordinary General Meeting (EGM). Some 76.5% of E&P shareholders agreed that the company should delist at the EGM held on November 1. The delisting ...

Commonwealth Bank finally relents on interest rate call

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
Yesterday's CPI data - which showed trimmed mean inflation has remained stubbornly high - put the final nail in the coffin for those hoping for an interest rate cut in 2024. Commonwealth Bank head of Australian economics Gareth Aird was one of the last ...

UBS terminates Future Leaders small cap fund

ANDREW MCKEAN  |  WEDNESDAY, 30 OCT 2024
UBS has pulled the plug on its Future Leaders Global Small Companies Fund, less than two years after its Australian launch. The fund, which was an actively managed global strategy of 40 to 60 small cap "future leader" stocks, designed to provide investors ...

Cole puts funds on notice as expenditure data is revealed

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
APRA has published the in-depth data on super funds' expenditure from marketing costs and payments to industrial bodies to spending on member services, as the regulator puts a spotlight on how member money is being spent. AustralianSuper had the ...

Westpac appoints acting head of wealth

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
Westpac has announced the appointment of an acting chief executive, business and wealth. Westpac chief executive Peter King said Peter Herbert has been appointed to the position, effective November 5. Herbert is currently the chief operating officer ...