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Showing 621 - 630 of 4366 results for "Press"

Productivity Commission kicks off philanthropy review

CHLOE WALKER  |  MONDAY, 13 FEB 2023
The Productivity Commission review aims to boost donations to charities and meet the government's goal of doubling philanthropic giving by 2030. The Productivity Commission has been asked to consider the trends in philanthropic giving in Australia ...

Inflation expected to have peaked: RBA

ANDREW MCKEAN  |  FRIDAY, 10 FEB 2023
The Reserve Bank of Australia (RBA) has forecast that headline CPI (7.8%) is expected to be the peak in this economic cycle. In a monetary policy statement, the RBA said CPI is still high, affecting a range of goods and services. Global factors such ...

Value companies to outperform in 2023: VanEck

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
VanEck portfolio manager Cameron McCormack forecasts a bright outlook for value companies in 2023, particularly among Australian equities. "We think value companies are likely to outperform in 2023," McCormack said. "We're entering a period that echoes ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
The Reserve Bank of Australia (RBA) is widely tipped to lift the cash rate by 25 basis points today to fight ongoing inflationary pressure. According to HSBC chief economist Paul Bloxham, inflation is too high and there's yet to be clear evidence ...

Financial markets brace for gloomy first half

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
Analysts warn that the first six months of 2023 will be the toughest for financial markets but expect more positive momentum by the end of the year. According to Fidelity International's annual analyst survey, over the next 12 months, debt defaults ...

The self-funded retiree is a misnomer: Institute

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2023
New research from The Australia Institute shows the cost to the federal budget of tax concessions is almost on par with the total cost of the Age Pension, with the think tank declaring the 'self-funded retiree' a misnomer. According to the insights ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
The International Monetary Fund (IMF) has warned Australia's economy is on a narrow path to a soft landing, with downside risks. An IMF report said downside risks to the economic outlook dominate, with uncertainty regarding global growth, commodity ...

Norwegian wealth fund reports -14.1% return

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
Norway's Government Pension Fund Global finished 2022 down a record $222 billion, saying it was a "very unusual year". The oil fund recorded the biggest loss in its history. Its previous largest loss was in 2008 amid the Global Financial Crisis when ...

Fintech predictions for 2023: Finura

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
Finura Group said it expects to see six key themes emerge this year for technology in the financial services industry. In its Wealth Tech Predictions 2023 report, the global technology consultant said wealth professionals are confronted with both headwinds ...

ACCC blitzes social media influencers

ANDREW MCKEAN  |  MONDAY, 30 JAN 2023
The Australian Competition and Consumer Commission (ACCC) has targeted social media influencers who use misleading testimonials and endorsements. The ACCC said it's "sweeping" more than 100 social media influencers from over 150 consumer tip-offs for ...