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Showing 611 - 620 of 11412 results for "Rate"

IMF issues stark inflation warning for Australia

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
The International Monetary Fund (IMF) has revised its inflation predictions for 2025, upping Australia's consumer price index expectations from 2.8% to 3.6%. In its World Economic Outcomes report, the IMF predicted Australia would be one of two advanced ...

US better positioned to deliver strong returns: UniSuper

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
UniSuper chief investment officer John Pearce said the start of the financial year has kicked off strongly, following on from a positive 2023/34 result, but going forward the US is better positioned than Australia to continue delivering strong returns. ...

Praemium FUA up 33% to $60bn

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
Praemium has reported its funds and flows for the September quarter, with funds under administration growing 33% to $59.4 billion. In addition, quarterly net inflows came in at $139 million - this was a major improvement from the $414 million in outflows ...

Australian equities rise, but global markets preferred: Morningstar

ANDREW MCKEAN  |  MONDAY, 21 OCT 2024
... the low-medium range overall-which implies a cautious approach is warranted," Morningstar said. Despite the "significant rate cut" in the US and as other central banks seem be "more advanced" in their easing cycles, the Reserve Bank of Australia held ...

ESSSuper shifts members to new default option

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... stable returns via diversification, the super fund said. The new option targets moderately high returns of 3.25% above the rate of inflation or 3.75% above the rate of inflation on for retirement income stream accounts. It has a minimum investment timeframe ...

IAM announces new product, appointment

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
... those investors wanting higher yield, and with a higher risk appetite, yields range from a spread over the bank bill swap rate of 2.5 percentage points up to a spread of six percentage points. Over decades in Australia, even the highest yielding ABS ...

CBA's conviction on December rate cut has 'dipped'

ELIZA BAVIN  |  FRIDAY, 18 OCT 2024
... interest rates. Additionally, Aird said that despite the strong jobs data, the bank is sticking to its expectations for a rate cut in 2024. "The conviction we have in our call for a 25bp December cut to the cash rate has dipped. But while the risk has ...

Australian Ethical FUM nears $13bn

MATTHEW WAI  |  FRIDAY, 18 OCT 2024
... lowered investment fees for super members in the beginning of the month, with those in the high growth options seeing the rate slashed by nine basis points. "Together these changes will deliver a strengthened business platform, as well as improved efficiencies ...

ECB drops interest rates to 3.25%

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... 3.40%, and 3.65% respectively from October 23. The ECB's Governing Council said its decision to lower the deposit facility rate, which drives monetary policy decisions, was based on inflation data. "The incoming information on inflation shows that the ...

Betashares expands Wealth Builder suite

JAMIE WILLIAMSON  |  THURSDAY, 17 OCT 2024
Betashares introduced a geared version of its Nasdaq 100 ETF, a new addition to the Wealth Builder range. The Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF (ASX: GNDQ) is designed to enhance access to the benefits of gearing ...