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Showing 521 - 530 of 3697 results for "Though"

Australian housing slump marches on

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... rotation in household spending from goods, cost of living pressures, and a collapse in homebuyer confidence," Oliver said. Though, he argued the biggest driver of the slump is rising mortgage rates. "The surge in fixed mortgage rates and then variable ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... cash rate increase in November. The majority (90%) forecast another 25-basis point rise, bringing the cash rate to 2.85%. Though, there is widespread discrepancy amongst economists as to whether this is the right move. Only 49% of economists agree with ...

Credit Suisse restructures investment bank

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
... spend. In terms of headcount, the culling of 2700 staff is already underway, and will cut a total of 9000 jobs by 2025 end, though didn't specify which jobs would go. The group lost over $6 billion last quarter and has been the subject of several scandals ...

Government enshrines new rule for Aussie Bitcoin owners

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... current tax treatment of digital currencies, including the capital gains tax treatment where they are held as an investment. Though rather than to effect change, this measure was intended to remove any uncertainty following the El Salvadorian government's ...

Challenger launches new alternatives fund

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... (RBA) cash rate total return index and uses a combination of risk premia and cash strategies to provide additional returns. Though, the fund doesn't provide clients with a guaranteed return. Since July 2022, the fund has delivered a total return (net ...

Australia among top 10 financially inclusive markets: Research

CASSANDRA BALDINI  |  THURSDAY, 27 OCT 2022
Australia has been ranked the seventh most financially inclusive market out of 42 around the globe. Principal Financial Group's Global Financial Inclusion Index, conducted by the Centre for Economics and Business Research, is built around three pillars ...

ASIC finds shortcomings in wholesale market practices

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... integrity." "Dealers should have a fit-for-purpose monitoring and surveillance systems and processes to detect misconduct." Though ASIC did observe that many dealers had immature monitoring and surveillance systems, with gaps in the coverage of key conduct ...

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
... Australian dollar terms and a nominal exchange rate appreciation that pushed up wages in foreign currency terms," Kent said. Though, once the terms of trade and mining investment declined and the associated labour was freed up from the resources sector ...

Outsourcing is the future: Northern Trust

CHLOE WALKER  |  TUESDAY, 25 OCT 2022
A firm's ability to outsource could be the difference between future success or failure, according to Northern Trust's head of global strategic solutions Gary Paulin. Speaking with Financial Standard, London-based Paulin said that while outsourcing ...

Quantifying the value of a financial adviser

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... sub-optimal investment decisions but having a financial adviser could add more than 4% to total portfolio value. So, even though advice fees have jumped 16% in FY22, from $3656 to $4685, Russell Investments' analysis argues that the total value of ...