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Showing 641 - 650 of 11409 results for "Rate"

Vision Super refreshes premium rates

KARREN VERGARA  |  MONDAY, 30 SEP 2024
Vision Super is reducing premiums for a range of insurance products for its Super Saver, Personal, and Australian Services Union members. Vision Super and insurance partner MLC will decrease premiums for death, total and permanent incapacity (TPD) ...

Schroders launches high yield credit strategy

MATTHEW WAI  |  FRIDAY, 27 SEP 2024
... benchmarks, to capture returns with appropriately managed risk." The fund seeks to deliver returns of 2.5% to 3.0% above the cash rate and offers liquidity daily, unlike term deposits. It charges a management fee of 0.50% per annum and requires a minimum ...

Rapid growth in super sector poses risk to financial stability: RBA

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
Significant growth of the superannuation sector has set off alarm bells for the Reserve Bank of Australia (RBA). In the RBA's September Financial Stability Review, it said the super sector's growth and connections to Australian banks has increased its ...

Household wealth rises in June quarter

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
Household wealth rose for the seventh consecutive quarter - rising 1.5% or $250 billion - in June 2024, according to data from the Australian Bureau of Statistics (ABS). Total household wealth was $16.5 trillion in the June quarter, which was 9.3% ($1.4 ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... into how inflation is trending." The latest inflation data comes after the Reserve Bank of Australia (RBA) kept the cash rate on hold at 4.35% at the September meeting yesterday. Despite cooling inflation, the market is not anticipating the data to move ...

Australians living through protracted period of economic misery: CEDA

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
Australians are enduring the longest stretch of economic hardship since 2011, according to analysis by the Committee for Economic Development of Australia (CEDA). CEDA's analysis of the "misery index" - which combines inflation, unemployment, and interest ...

ART, Perennial back debt collection fintech

MATTHEW WAI  |  TUESDAY, 24 SEP 2024
... performance made partnering with the team for this next stage an easy decision." Indebted has achieved a compound annual growth rate of 110% as of February 2024, it said.

Super for housing debate heats up

ANDREW MCKEAN  |  MONDAY, 23 SEP 2024
... chances of attaining home ownership. "Moreover, unless you believe that house prices are going to continue rising at a faster rate than superannuation assets, people who take advantage of this scheme will have lower income in retirement after housing ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... Recruitment director of legal, risk, and compliance Amanda Chisholm fears this may well be the case for some time to come, with the rate of regulation far outpacing the financial services sector's ability to build effectively resourced product risk and ...

Reforms needed to boost engagement: ASFA

MATTHEW WAI  |  MONDAY, 23 SEP 2024
... although financial advisers are the most trusted source of retirement information across all demographics, the consultation rate remains low at 21%. It said older Australians are more likely than younger people to seek professional advice. The younger ...