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| | | The Reserve Bank of Australia contemplated raising interest rates by 50 basis points when it met earlier this month but ultimately determined the case for a 0.25% increase was stronger. In the February 7 meeting minutes released this morning, the RBA ... |
| | | | ... the legislation to deliver the single biggest investment in affordable and social housing in more than a decade passed the House of Representatives as well as two other bills pertaining to the National Housing Supply and Affordability Council and National ... |
| | | | ... independent financial advisers and its assets under management remained steady at $61.3 billion. Overall, AMP's platforms house $65.5 billion in assets. "The Platforms business is positioned for growth, underpinned by continued enhancements to service ... |
| | | | ... State Investments Limited (CFSIL) kept members from the CFS FirstChoice Fund and Commonwealth Essential Super invested in in-house products. It also affected members in the FirstWrap Pooled Cash Account who earned lower interest rates well below the ... |
| | | | Australia will remain resilient amid raging headwinds posed by inflation and interest rates, to the extent that it will meet its growth forecast and avoid a recession, according to an investment expert. La Trobe Financial chief investment officer Chris ... |
| | | | Wealth professionals are being encouraged to adjust their advice offering and better serve women or risk missing out on a key growth market. Netwealth's white paper titled Women as the new face of wealth found younger affluent females are engaged with ... |
| | | | ... stakeholders and shareholders would benefit over time". During the last six months of 2022, Fiducian launched Auxilium, an in-house platform for separately managed accounts targeting independent financial advisers. It also launched Deep Green SMA in ... |
| | | | 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 ... |
| | | | 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 ... |
| | | | ... expectations. "This is especially surprising to us given a range of softer domestic data recently - across retail sales, house prices, loans and credit growth, and employment and unemployment; the RBA didn't mention this," UBS said. UBS now forecasts ... |
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