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Showing 671 - 680 of 11464 results for "Rate"

ECB drops interest rates to 3.25%

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... 3.40%, and 3.65% respectively from October 23. The ECB's Governing Council said its decision to lower the deposit facility rate, which drives monetary policy decisions, was based on inflation data. "The incoming information on inflation shows that the ...

Betashares expands Wealth Builder suite

JAMIE WILLIAMSON  |  THURSDAY, 17 OCT 2024
Betashares introduced a geared version of its Nasdaq 100 ETF, a new addition to the Wealth Builder range. The Betashares Wealth Builder Nasdaq 100 Geared (30-40% LVR) Complex ETF (ASX: GNDQ) is designed to enhance access to the benefits of gearing ...

Hopes of RBA cut 'in tatters' after jobs data

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
The unemployment rate held steady at 4.1% in September, in line with the revised figure for August, according to seasonally adjusted data released by the Australian Bureau of Statistics (ABS). "With employment rising by around 64,000 people and the ...

ASIC makes key appointments to executive team

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... litigation experience to the role from his time with ASIC including some of ASIC's most complex matters such as the Bank Bill Swap Rate litigation. Prior to working with ASIC, Savundra worked in the litigation group of Allens and Herbert Smith. ASIC ...

Australia's retirement system slides down rankings

MATTHEW WAI  |  WEDNESDAY, 16 OCT 2024
Australia no longer has the top ranking retirement system in Asia Pacific and has also slid down the ranks globally, with experts saying it's the result of a lack of focus. According to the 16 th annual Mercer CFA Institute Global Pension Index ...

Liberal MPs slammed for 'dangerous' super policy

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2024
Superannuation industry groups are pushing back against a campaign led by NSW Liberal Senator Maria Kovacic seeking to allow single and divorced woman to access their superannuation early to purchase a property. Association of Superannuation Funds of ...

Monochrome launches Ethereum ETF

ANDREW MCKEAN  |  TUESDAY, 15 OCT 2024
... research showed that cryptocurrency ETFs have been best performing ETFs over the past year, buoyed by a falling interest rate environment, increased investor risk appetite, and strong flows into Bitcoin ETFs. Crypto loans Monochrome Capital, a sister ...

Household spending drops in September: CBA

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
The Commonwealth Bank's (CBA) Household Spending Insights (HSI) index fell 0.7% month on month in September, in seasonally adjusted terms, following a gain in August of 1.6%. The fall in September was in line with expectations, CBA chief economist Stephen ...

Harris vs Trump: Key economic policy differences

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... proposals closely echo those of President Joe Biden in many ways. Indeed, the Harris proposal for a rise in the corporate tax rate from 21% to 28% featured in Biden's 2020 election campaign," he said. "This corporate tax rise was not implemented by President ...

Brighter Super increases retirement bonus

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
... $15,200 payable on a transfer amount of $1.9 million. Brighter Super head of retirement Jennifer McSpadden explained the rate is reviewed quarterly and based on the balance of the deferred tax liability of the fund, so in some quarters the rate may be ...