Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 3407 results for "ABS"

Perpetual multi asset leads exits

ELIZABETH FRY  |  THURSDAY, 26 MAR 2026
Perpetual's head of multi-asset has exited the firm following her former boss's departure to Pinnacle Investment Management. The firm confirmed Lydia Kav left late last month, around a month after the wealth business' chief investment officer signed ...

Inflation remains firm, May rate hike still in play

ELIZA BAVIN  |  THURSDAY, 26 MAR 2026
... Consumer Price Index (CPI) rose 3.7% in the 12 months to February 2026, according to the Australian Bureau of Statistics (ABS). "The 3.7% annual CPI inflation to February eased slightly from the 3.8% annual CPI inflation to January," ABS head of prices ...

AI layoffs a correction from overhiring: Morningstar

RIDDHIMA TALWANI  |  FRIDAY, 20 MAR 2026
Morningstar said recent layoffs by Australian companies are being made from a high starting point, where in the past decade hiring could have outpaced the needs of the business. Atlassian recently laid off 10% of its workforce impacting 1600 jobs. Block ...

Barings nabs Challenger's fixed income lead

ELIZABETH FRY  |  THURSDAY, 19 MAR 2026
... Challenger Investment Management's strategy, with the rest of the CIM senior management team, Stephen Martin, head of ABS; Sid Kumar, head of acquisition finance; Gerard Hargraves, head of real estate lending; and Andy Armstrong, head of whole loans. ...

Chalmers says Budget will make 'hard decisions'

ELIZA BAVIN  |  THURSDAY, 19 MAR 2026
Treasurer Jim Chalmers said the Federal Budget being handed down in May will make some "tough decisions" as the Australian economy faces uncertain times ahead. Chalmers said as the conflict in the Middle East continues, Treasury estimates inflation ...

'We've let our members down': Watson

ELIZA BAVIN  |  TUESDAY, 17 MAR 2026
Outgoing First Super chief executive Bill Watson has told Financial Standard he has grave concerns about the current trajectory of Australia's superannuation industry. "I get the feeling we are letting our members down in terms of poor service," Watson ...

L1 Group eyes golden returns with new LIC

RIDDHIMA TALWANI  |  TUESDAY, 17 MAR 2026
L1 Group plans to raise up to $1 billion for the new L1 Gold Fund Limited and intends to list it on the ASX with the ticker code LGF. It has invited investors to apply for up to 500,000,000 shares at a price of $2 per share. It expects to commence trading ...

March RBA hike now on the cards

ELIZA BAVIN  |  THURSDAY, 12 MAR 2026
Economists have brought forward their Reserve Bank of Australia (RBA) interest rate hike forecasts from May to March. Commonwealth Bank head of Australian economics Belinda Allen said the situation has changed quickly. "After hiking the cash rate in ...

ASX rebalance sees DigiCo exit top 200

ELIZA BAVIN  |  MONDAY, 9 MAR 2026
S&P Global has released the March S&P/ASX 200 Index rebalance seeing DigiCo drop out of the top 200. As part of the March rebalance, Pinnacle, Netwealth and Lendlease have dropped out of the S&P/ASX 100. This comes after HMC Capital - the parent company ...

GDP rise is 'good news that's actually bad news'

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
... rose 0.8% in the December quarter 2025 and 2.6% compared to a year ago, according to the Australian Bureau of Statistics (ABS). "There was broad based economic growth in the quarter, with rises observed in a large majority of industries. Public and private ...