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Showing 631 - 640 of 5906 results for "Rates"

Major economies buoyed by tight jobs market

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... been expecting the unemployment rate to be higher than it is by now, given the contractionary impact of higher interest rates." The labour market in the US also shows no signs of abating. "The unemployment rate remains historically low, job openings ...

APRA toughens stress testing frequency, valuation stance

KARREN VERGARA, RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2023
... the frequency with which member transactions are permitted, how valuation data is incorporated in unit prices/crediting rates, access to valuation information and costs," APRA said. In the latest update, APRA wants trustees to "ensure that all valuations ...

UniSuper rides tech tailwinds to strong returns

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2023
... FY23 with -9%. "The fall was in part a correction from a very strong rally, and also a negative reaction to higher interest rates. The current share price looks well supported with a of yield of 5.5%, expected to grow by 3% p.a.," Pearce explained. "Furthermore ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... economies and the recent experience of those countries highlighted the upside risks to inflation and the outlook for interest rates," it added. On the flip side, the RBA acknowledged mortgage repayments were around a record high in May, inflation is ...

TelstraSuper MySuper delivers 9.34%

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... property investments, leading to a general softening in demand for these assets. "Our current central view is that interest rates have yet to peak, and we will likely continue to see high inflation, even if it does reduce slightly. High inflation, combined ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  MONDAY, 17 JUL 2023
... would rise," the report said. "Formal care is more costly to the budget because carers are paid at award or above-award wage rates, whereas recipients of Carer Payment are paid a much lower rate." KPMG's proposal aligns with its previous 2022 recommendation ...

CFS settles super fees class action

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... still pursuing Commonwealth Bank and CFS over another class action related to not offering super members the best interest rates.

Office sector down 8%: MSCI

KARREN VERGARA  |  FRIDAY, 14 JUL 2023
... estimates that the office sector will decline by US$800 billion. "The impact on value could be even stronger if rising interest rates compound it. Similarly, the impact could be stronger if troubled financial institutions decide to more quickly reduce ...

CFA exam results begin to normalise

CHLOE WALKER  |  FRIDAY, 14 JUL 2023
... the CFA Institute exam jumped in May above its historic average, marking an impressive turnaround from the below-average rates experienced during the pandemic. Over half (52%) of the 15,895 candidates worldwide who sat for the Level II CFA Program exam ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... have changed but the economic outlook is still treacherous as inflation continues to be balanced against rising interest rates. Chalmers acknowledged Australians are still doing it tough. "The government knows that Australians are under the pump right ...