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| | | The monthly Consumer Price Index (CPI) indicator rose 3.5% in the 12 months to July, down from 3.8% in June, according to the latest data from the Australian Bureau of Statistics (ABS). The most significant contributors to the annual rise were housing ... |
| | | | ... also responding to new and heightened risks. "At a time of considerable geopolitical volatility and with an uncertain economic outlook, it's vital that banks, insurers and superannuation trustees are prepared for whatever potential challenges could arise," ... |
| | | | ... the end of the 2024 financial year. Sequoia added 70 advisers to the stable but lost 56, most of whom were from "non-economic practices who closed or merged their businesses rather than leaving us to join a competitor," chief executive and managing director ... |
| | | | ... about central bank intentions for future monetary policy." Aird said the RBA's forward guidance would mean that if the economic data over the near term evolves in line with the banks central forecasts, the cash rate would be left on hold until 2025 - ... |
| | | | Australia must move beyond pervasive short-termism and lift its policy ambitions if the nation is to reach its economic potential, according to the Committee for Economic Development of Australia (CEDA). "Our record of almost three decades of economic ... |
| | | | ... during market stress, he said. Datt warns that this underscores the need for caution in the private credit sector. "During economic downturns, the narrow pool of buyers and sellers in the private credit space can worsen illiquidity, heightening the risk ... |
| | | | ... cutting interest rates. Powell spoke to global central bankers, policymakers, economists, and academics at the Jackson Hole Economic Symposium where gave the opening address. "The time has come for policy to adjust. The direction of travel is clear ... |
| | | | ... Schwartz said there are "compelling risk-adjusted return opportunities in residential private credit at this stage of the economic cycle." "We see significant investor demand for private credit continuing, particularly within the commercial real estate ... |
| | | | ... why we have been steadily increasing our allocation to high-quality government bonds, known for their resilience during economic downturns," he said. As stock markets navigate heightened volatility Hennessy said the challenge for investors is to stay ... |
| | | | ... across our network, reflecting a widespread preference for stable, income-generating assets amid market volatility and economic uncertainties, likely magnified by higher local costs of living," Calastone managing director for Australia and New Zealand ... |
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