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Showing 711 - 720 of 6910 results for "Economy"

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... tax-focused recommendations, Australia would still be below the OECD average in terms of tax collections as a share of the economy. In terms of spending reductions, it's recommended cutting spending on major defence and transport projects; undoing Western ...

ISA renews calls for gig worker super

CHLOE WALKER  |  TUESDAY, 11 APR 2023
... average gig worker could have up to $29,000 more in their retirement nest egg if super was paid to the workforce. The gig economy, which spans across 275,00 Australian workers, includes delivery drivers, disability carers, IT professionals, education ...

Lowe reinforces more hikes may come

ANDREW MCKEAN  |  THURSDAY, 6 APR 2023
... reasonable time. "It's important that we do this, because persistently high inflation is corrosive and damages our economy. It erodes the value of savings, puts pressure on household budgets and hurts people on low incomes the most," Lowe said. "If ...

Digitisation an immediate area of growth: Fund manager

CHLOE WALKER  |  THURSDAY, 6 APR 2023
... despite a looming recession. "Of course, all of those companies to some degree are cyclical, in the sense that when the economy slows, the demand for them also slows," he added. However, that's somewhat offset by the structural underlying demand. "We ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... in. "The decision to hold interest rates steady this month provides the board with more time to assess the state of the economy and the outlook, in an environment of considerable uncertainty," he said. More importantly, Lowe warned that "some further ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... expects the RBA to take a cautious approach and hold off on further monetary tightening as it assesses the outlook for the economy. "The RBA has expressed a willingness to target a soft-landing and maintain the high level of employment in the economy ...

QIC secures stake in smart metering company

KARREN VERGARA  |  TUESDAY, 4 APR 2023
... majority owned by private trust Entrust. The deal pushes QIC's investments dedicated to transitioning to a low-carbon economy to $5 billion. QIC has about $28.9 billion in total assets under management. QIC head of infrastructure Ross Israel said smart ...

Australian Retirement Trust names investment strategy lead

ELIZABETH FRY  |  FRIDAY, 31 MAR 2023
... on behalf of everyone at ART. In a LinkedIn post, the outgoing executive wrote: "Interesting times ahead for the global economy... and interesting times for me as I step away from ART/QSuper, destination to be decided." ART also said it will hire a head ...

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... has troughed, it would pause," he said. "We have held our view since January largely based on our view that the domestic economy has been passing a turning point in activity around the turn of the year." Bloxham added that beyond April, HSBC expects ...

We sit at a watershed moment: Paton

CHLOE WALKER  |  THURSDAY, 30 MAR 2023
... Sydney this morning, La Trobe Financial chief investment officer Chris Paton shared his forward outlook for the Australian economy. According to Paton, local economic growth will be positive, albeit subdued throughout 2023 and 2024. This will be set ...

Editor's Choice

Renato Mota takes on new board position

ELIZA BAVIN
Renato Mota has joined the board of a $14 billion super fund along with another financial services stalwart.

Aegon AM gears up to take on local bond managers

MICHELLE BALTAZAR
Aegon Asset Management is close to launching its first Australian fund, months after the US$446 billion manager unveiled plans to enter the tightly contested local bond market.

MLC slips global shares into neutral, hits gas on alternatives

RIDDHIMA TALWANI
MLC has pulled its global and emerging-market equity positions back to neutral, while continuing to deploy capital into alternatives.

North Americans bargain hunt Down Under: Report

KARREN VERGARA
North Americans' merger and acquisition (M&A) appetite for Australian companies will only intensify in 2027 as they chase undervalued assets, according to a new report.

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Fiona Macgregor has risen through the ranks at TAL, taking the top job in 2024, but her life was touched by the insurance sector long before her tenure with the life insurer began. Eliza Bavin writes.
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