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Showing 41 - 50 of 100+ results for "Fed"

Aged care expenditure to jump 37%

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
The aged care sector is set for a major boost to address problems raised in the Royal Commission and prepare for the coming wave of aging retirees. Aged care expenditure will increase 7% during 2021-22 to $24.3 billion and by 37% over the next four ...

What to expect from the budget

ELIZABETH MCARTHUR  |  TUESDAY, 11 MAY 2021
Ahead of the federal budget tonight, there is already some good news for the superannuation sector and small businesses. Treasurer Josh Frydenberg has released details about a few initiatives that will be included in the budget. The government will ...

Former Westpac chief executive in new role

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
Former Westpac chief executive Brian Hartzer has joined an investment advisory founded last year. In his new role, he is working as a senior adviser to Melbourne-based Sayers which launched last year. "We're assembling a team of the brightest minds ...

Budget to boost home ownership rates

JAMIE WILLIAMSON  |  MONDAY, 10 MAY 2021
Ahead of tomorrow's federal budget, the government announced a raft of measures aimed at increasing home ownership levels, including the expansion of the First Home Super Saver Scheme. The government is increasing the maximum amount of voluntary contributions ...

GQG Partners adds to team

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
GQG Partners has expanded its Australian presence with three appointments, building out the team to eight. Alison Smith has joined as compliance officer from MLC where she was compliance manager - asset management. Prior to this, she was principal at ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... fiscal stimulus. Yellen explained that she did not predict nor recommend a lift in interest rates and that she agreed with Fed Chairman Jerome Powell's view that while measured inflation has risen, it's likely to be temporary. One swallow does ...

Government launches digital economy strategy

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
The government has announced a $1.2 billion investment to support the digital transformation of the economy and measures to encourage business investment in technology, ahead of the federal budget. The digital economy strategy includes $111.3 million ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
The Reserve Bank of Australia's (RBA) May the fourth Board meeting would have been a ho-hum event had it not been for the month of July. As expected, the RBA left monetary policy settings unchanged - "including the targets of 10 basis points for ...

Westpac to face court over insider trading

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
ASIC has commenced civil proceedings against Westpac for insider trading on a $12 billion deal with AustralianSuper and a group of IFM entities. Westpac will face off against the regulator in the Federal Court on allegations of insider trading, unconscionable ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
... bright and wonderful taking place in the Australia to date, the domestic economy could withstand if ever and whenever the Fed decides to taper policy accommodation.