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Showing 581 - 590 of 11409 results for "Rate"

Intergenerational wealth picture 'bleak': Grattan

ELIZA BAVIN  |  TUESDAY, 19 NOV 2024
Grattan Institute chief executive Aruna Sathanapally said it is the job of all Australians to ensure the younger generations have a "sense of hope" about the future rather than the sense that they are being "systematically screwed over". Speaking at ...

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... of those working via labour hire companies. In 2022, APRA sustainability metrics showed MIESF had a total account growth rate (three-year average) of -9.23%, the fourth largest decline across all registerable superannuation entities (RSEs). It also had ...

Active managers outperform in limited asset classes, fall short in survivorship

KARREN VERGARA  |  MONDAY, 18 NOV 2024
... efficacy of active funds within a category. Even in categories that are favourable to active strategies, a low survivorship rate will adversely affect the changes of achieving one's return objectives," Sanzgiri said.

Advice take up falls amid decade-low retirement confidence

MATTHEW WAI  |  FRIDAY, 15 NOV 2024
... Guiamatsia added. "What we are seeing here is the divergence between the demand, which is increasing, and the actual consultation rate; the gap is widening." Elsewhere, half of all super fund members are unaware that their main super fund offers financial ...

Property 'well-placed' for growth: Knight Frank

MATTHEW WAI  |  THURSDAY, 14 NOV 2024
... will depend upon the path of interest rates. "However, investors need to look beyond the timing of the first cut to the cash rate and instead tune into the evolving debate on the neutral interest rate and what it means for long-term interest rates, ensuring ...

Wages grow 3.5% for the year

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... Stephen Wu said the reading was softer than what the Reserve Bank of Australia (RBA) was expecting. "The big drop in the annual rate was expected. It reflected a much smaller lift in award wages this financial year," Wu said. The ABS data revealed around ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... line with the market. While cost of living pressures remain challenging, consumer arrears - based on a 90-plus day arrears rate for home loans, personal loans, and credit card levels - were favourably impacted by seasonal trends over the quarter. CBA ...

ANZ profit slides, cuts dividend

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
ANZ announced a statutory profit after tax for the full year of $6.53 billion, down 8% from the prior year. The bank proposed a final dividend of 83 cents per share, partially franked at 70%. ANZ said the result reflected several one-off events related ...

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... President-elect Donald Trump returning to the White House. The Fed continued its policy easing cycle with a 25 basis point rate cut, lowering the benchmark rate to 4.50%-4.75%. Powell noted that the election will have no impact on policy decisions, but ...

NAB profits, earnings slide

MATTHEW WAI  |  THURSDAY, 7 NOV 2024
National Australia Bank (NAB) reported lower net profit and cash earnings in FY24, down 6.1% and 8.1% respectively, but recorded its highest dividend payouts of the past five years. Shareholders received a final dividend of $0.85, which takes the full ...