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Showing 671 - 680 of 8072 results for "Today"

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
The Consumer Price Index (CPI) experienced a slight increase in the month of August, jumping to 5.2% from 4.9% in July. Data released by the Australian Bureau of Statistics (ABS) revealed that the major contributors to the price increase included housing ...

Betashares carves slice of superannuation pie

CHLOE WALKER, JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
... engagement," Vynokur said. "We are privileged to serve over one million Australian investors and their financial advisers today. Over the course of the next decade, we have a vision for the firm to continue developing into a leading, independent Australian ...

Colonial First State appoints inaugural chief executive

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
... welcome its first group chief executive, to commence early next year. Having stepped down as chief executive of Suncorp Bank today, Clive van Horen has been confirmed as the incoming chief executive for CFS Group. Announcing the appointment, CFS Group ...

HMC Capital reaches first close on fund

CASSANDRA BALDINI  |  MONDAY, 25 SEP 2023
The asset manager has successfully closed its Health Care and Life Sciences Unlisted real estate fund (UHF) after receiving more than $1 billion, including from major global pension funds. The group said it secured $640 million of equity commitments ...

APRA moves to ensure improved member outcomes

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... It offered general guidance and had no legal status or effect," Cole said. "Trustees are operating more mature businesses today and are well placed to make decisions consistent with their legislative duties." APRA has indicated that it has no plans to ...

Don't believe inflation hype, says Pendal

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
... manufacturing sector, which was very highly unionised. They had explicit mandates in contracts that matched pay to inflation." Today, things are very different, he noted. The rate of economic growth is three times lower than it was then, the US is no ...

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... also strengthened Commonwealth procurement frameworks. "The four sets of draft legislation released for public consultation today focus on the first two of three priority areas announced on 6 August," he said. "Strengthening the integrity of the tax ...

A roadmap for transitioning to managed accounts

ANDREW MCKEAN  |  THURSDAY, 14 SEP 2023
... successful transition to managed accounts for financial advisers, centring on staff training, client messaging, and planning. At today's Financial Standard Best Practice Forum on Managed Accounts, Netwealth's James Mantella said that achieving a 70% ...

Some explanations have missed the mark: Lowe

CASSANDRA BALDINI  |  FRIDAY, 8 SEP 2023
... between 5.5% to 6%, a far cry from the current 3.5%. "The share of Australians with a job has never been higher than it is today and the number of people with a job has increased by more than two million since mid-2016," he said. "The current cycle still ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... the hiking cycle, but consumers have no cause to cheer yet," he warned. "While many, especially homeowners, will welcome today's decision, the reality is that the RBA is still far off its target. We believe the RBA will need to hike one or possibly two ...