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Showing 651 - 660 of 11410 results for "Rate"

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 ...

ESSSuper ups admin fee cap

KARREN VERGARA  |  MONDAY, 23 SEP 2024
... retirement by delivering stable returns via diversification. The option targets moderately high returns of 3.25% above the rate of inflation or 3.75% above the rate of inflation for Retirement Income Stream accounts.

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... recognition among financial regulators." AMP deputy chief economist Diana Mousina said the 425 basis point increase in the case rate over 2022 to 2023 has been the largest increase to interest rates in Australia since the late 1980s. "Mortgage delinquencies ...

More financially secure women seek advice: Survey

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
Financially secure women in the second half of their lives prioritise living comfortably in retirement and travelling as their key goals and seek financial advice to maintain a level of prosperity, a new survey from Perpetual Private found. Canvassing ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
The US Federal Reserve delivered its first interest rate cut in four years, reducing the official cash rate by 50 basis points, but experts say the Reserve Bank of Australia (RBA) is still not in a position to do the same. Yesterday's official unemployment ...

Federal Reserve kicks off easing cycle

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... overnight, its first reduction in four years. The US central bank decided to lower the target range for the federal funds rate by half a percentage point to 4.75-5%, surprising many who believed it would opt for a cut of just 0.25%. "The committee has ...

Super for housing to exacerbate affordability crisis: Eslake

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... National Parties during the 2022 election, and subsequently, will result in residential property prices rising at a faster rate than they would otherwise, especially if growth in the supply of housing falls short of the growth in the underlying demand ...

Super to be paid on parental leave from July 2025

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... parental leave will accumulate SG contributions on the income paid by the government from 1 July 2025, at which time the SG rate will have increased to 12%. Those SG contributions will have a nominal interest rate amount applied to them and will then ...

Alternatives market to hit US$30tn by 2030: Preqin

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
... growth signifies an annualised increase of 9.7% for the entire sector in the forecast period (2023-end - 2029). The growth rate represents a 0.8% drop from the previous period. Preqin said this is due to softer expectations for the private equity and ...

Megatrends impacting portfolio construction: Mercer

ELIZA BAVIN  |  THURSDAY, 19 SEP 2024
... several structural trends playing out across asset classes as well as inflationary pressures and moving into an interest rate easing cycle. "These are not things that are going to occur over the next six months, it's more two-, three- or five-year cycles," ...