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Showing 691 - 700 of 4043 results for "Inflation"

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
... indicate that faster tightening is warranted, we'd be prepared to increase the base rate hikes," he said. "Although inflation has been moderating in recent months, the process of getting inflation back down to 2% is a long way to go." He said restoring ...

We are closer to a pause: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 8 MAR 2023
... period of time. He noted: "Before our next board meeting, we will have important data on employment, another monthly inflation indicator, more detail on retail spending and the business survey." "If collectively they suggest that the right thing is to ...

Spirit Super negotiates premium drop

CASSANDRA BALDINI  |  MONDAY, 6 MAR 2023
... Spirit Super chief executive Jason Murray said the fund has been working hard for Australians. "And at a time of high inflation and cost of living pressure I'm delighted to announce these reductions to our members," he commented. "As a profit-to-member ...

Unindexed cap forecast to impact 500k people

CASSANDRA BALDINI  |  FRIDAY, 3 MAR 2023
... indicated this cap will not be indexed over time," said Plato managing director Don Hamson. Hamson explained that with inflation currently sitting at 7.8%, it will erode the real value of the $3 million cap over time. "You only need to do some basic ...

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... accounts is forbidden for Muslims, they have limited options apart from just letting money sit there and be eroded by inflation," he said. "Our new solution is designed to open up investment opportunities to all Australian Muslims whether they have small ...

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
... dismissed the notion that only a limited number of people would be affected, stating such claims are "absolute baloney." "Inflation is running hot, and the threshold is not indexed," he said. "We'll very quickly see that threshold dropping in real ...

Australian dividends surge in 2022: Report

CASSANDRA BALDINI  |  WEDNESDAY, 1 MAR 2023
... counterparts in building on the strong dividend recovery of 2021, growing their payouts by 5.9% over the year. "Despite rampant inflation, interest-rate hikes, war and asset price declines in 2022, global dividends continued to grow highlighting their ...

Industry super defies turbulent markets

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
... APRA said, pointing to market volatility largely driven by global central banks' aggressive monetary tightening to curb inflation, which has subsequently slowed economic growth. Super funds' rate of return for last year was -5.5% per annum, a significant ...

Economic landscape spurs advice model rethink

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... seek to drive efficiencies, better manage their exposure to risk and deliver a better client experience. "The return of inflation has also sparked a rethink of advice models. We're seeing traditional stockbrokers and private client advisers move ...

Aussie equities withstand test of time: Report

CHLOE WALKER  |  MONDAY, 27 FEB 2023
... data over 123 years shows it is not unusual for both bonds and equities to be negatively impacted in periods of high inflation. "After a sharp adjustment, the Australian bond market has entered 2023 with a more attractive yield and higher likelihood ...