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Showing 621 - 630 of 9299 results for "Economics"

No escaping volatility: AMP

ANDREW MCKEAN  |  FRIDAY, 23 SEP 2022
At least for the next few months while central banks are raising rates, expect the volatility we've seen in share markets, currencies and fixed income to remain in play, warned AMP senior economist Diana Mousina at the Association of Financial Advisers' ...

Federal Reserve bumps interest rate by 0.75%

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
The Federal Reserve has raised benchmark interest rates by another 0.75% and warned of further significant hikes to come. The Fed's funds rate is now in the range of 3%-3.25%, which is the highest it's been since before the Global Financial Crisis. ...

RBA signals further interest rate rises

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
Reserve Bank of Australia (RBA) governor Phillip Lowe has said the board will do what's necessary to ensure inflation in Australia returns to target. At its meeting yesterday, the board increased the cash rate target by 50 basis points to 2.35%. "The ...

Financial stress at record highs: AMP

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
Australian workers' financial stress has risen sharply, costing the economy $67 billion in lost productivity annually. According to AMP's 2022 Financial Wellness report, stress is higher than ever, almost doubling over the past two years. "The ...

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... 2.35%. Though, 69% of those surveyed expect the RBA to hold the cash rate in October. Macquarie University professor of economics Jeffrey Sheen said: "There are signs that supply constraints are easing and that inflation will soon begin to moderate. ...

Women have suffered greater financial loss post-pandemic: Research

CHLOE WALKER  |  THURSDAY, 1 SEP 2022
While a third of men in Australia experienced a boost in their annual income during COVID, just one in four women saw an increase, according to new research from Equipsuper. The results of Equip's survey also reveal that a larger proportion of men ...

Spirit Super consortium withdraws from port acquisition

ANDREW MCKEAN  |  TUESDAY, 30 AUG 2022
... interests, has increasingly become a focus of economic regulators and most recently the subject of a Standing Committee on Economics Inquiry. "Common fund management and ownership that allow a degree of control or influence by minority interests have ...

Investors protect against inflation: Report

CHLOE WALKER  |  WEDNESDAY, 24 AUG 2022
Difficult market conditions have driven considerable interest in inflation-resilient assets, according to the latest quarterly manager intelligence and market trends report by bfinance. The report found that despite ongoing volatility during the quarter ...

Capital raisings remain possible: MinterEllison

CHLOE WALKER  |  MONDAY, 22 AUG 2022
While headwinds are challenging capital markets globally, MinterEllison's latest report suggests that the Australian market remains resilient. The report reflects the viewpoints of a group of capital markets experts, as they discussed trends and the ...

Strong wage growth lags inflation

ANDREW MCKEAN  |  THURSDAY, 18 AUG 2022
Treasurer Jim Chalmers and employment minister Tony Burke said they are pleased to see strong wages growth but noted it's still well short of inflation. Australian Bureau of Statistics (ABS) data shows the Wage Price Index rose 2.6% in the year to June ...