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| | | The official Consumer Price Index jumped 1.9% in the December 2022 quarter, rising to the highest annual rate of inflation in over 30 years. The figures were released by the Australian Bureau of Statistics (ABS) today and mark the fourth consecutive ... |
| | | | While last year was a "shocker" for both bonds and equities alike, allocating to fixed income securities in 2023 offers an attractive yield for investors, according to GSFM investment strategist Stephen Miller. Addressing attendees at the GSFM investor ... |
| | | | ... investment officer Chris Iggo's list of themes that will shape 2023. Providing an outlook for the year ahead, Iggo said: "The economics profession did not prove to be very good at forecasting inflation in 2021 beyond that it might go up." "As such, any ... |
| | | | With wage inflation expected to persist into 2023, managing wage increases, employee satisfaction and other measures to attract and retain talent are issues on the agenda for ESG engagement this year. According to the latest data available from the ... |
| | | | Netwealth's funds under administration (FUA) increased by $4.3 billion in the December quarter, bringing the total to $62.4 billion. Netwealth said its FUA increased a total of $5.8 billion in the 12 months to December, representing a growth of 10.2%. ... |
| | | | While the risk of recession is high, its likely to be avoided down under, according to AMP head of investment strategy and chief economist Shane Oliver. According to Oliver, a slump in consumer spending (thanks to rate hikes, cost of living pressures ... |
| | | | A PwC survey shows that 73% of chief executives predict global economic decline in 2023, the most pessimistic outlook in over a decade. Moreover, according to the PwC Global CEO Survey, nearly 40% of chief executives think their organisations won't ... |
| | | | HUB24 recorded $2.8 billion of platform net inflows in Q2 FY23, down 23.6% year on year. The funds platform also saw net inflows of $5.8 billion in 1H FY23, a drop of 13.6% from the previous corresponding period. In an ASX announcement, HUB24 said its ... |
| | | | According to Oxfam, the richest 1% of Aussies have accumulated 10 times more wealth than the bottom 50% in the past decade. In its latest report, titled Survival of the richest, Oxfam found that Australian billionaire wealth is 61% higher than it was ... |
| | | | Dividends from global equities are projected to increase this year, however, investors should be wary of macro risks, according to Plato Investment Management. In its latest global income report, the Sydney-based investment manager stated that income ... |
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