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Showing 741 - 750 of 17942 results for "Bank"

ANZ, Macquarie bring forward rate cut expectations

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... forward to February from May following last week's inflation data. ANZ head of Australian economics Adam Boyton said the bank was expecting core inflation to drop to 3.2%, down from 3.5%, in December. "We think this will be enough for the RBA to cut ...

Adviser number growth shoots?

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
The number of advisers that have exited the industry over the past four or five years appears to have plateaued, albeit another decline in 2023, last year's figures suggest that the losses have stabilised, according to Rainmaker Information's 2024 ...

Australian economy on the up in 2025: Vanguard

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
... elevated interest rates. Additionally, it predicts the core inflation rate will fall to 2.5% during 2025, and that the Reserve Bank of Australia's (RBA) cash rate will be lowered to 3.5% from the current 4.35% level by year end. Pointing to Wednesday's ...

Monetary policy to underscore 2025 allocations

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
... with interest rates and inflation to dominate once again. Last November, RBA governor Michele Bullock indicated the central bank views its settings as restrictive and intends to keep rates that way for now, holding out for clear signs that inflation ...

MetLife snaps up three investment teams from Mesirow

ANDREW MCKEAN  |  THURSDAY, 9 JAN 2025
... announced its acquisition of PineBridge Investments. MetLife Investment Management will take on Mesirow's high yield and bank loan strategic fixed income, and small-cap equity teams - which manage about $6 billion of assets - as well as certain related ...

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
... rose 2.3% in the 12 months to November 2024, but trimmed mean inflation came in at 3.2% - still tracking above the Reserve Bank of Australia's (RBA) target range of 2-3%. Speaking at a press conference after the inflation figures were released, Treasurer ...

Former Rugby World Cup champion joins Centuria Bass Credit

MATTHEW WAI  |  THURSDAY, 9 JAN 2025
... services experience, including in various capacities at Allco Finance Group since 2006 and vice president at Commonwealth Bank between 2010 and 2014. He joined Grant Samuel as director in capital advisory in 2014, a role he held for four years, and was ...

Bull market buoys super funds' 2024 returns

MATTHEW WAI  |  WEDNESDAY, 8 JAN 2025
Superannuation funds turned in double-digit returns for the 2024 calendar year thanks to the bull market, according to the Association of Superannuation Funds of Australia (ASFA), with some achieving nearly 12% for their balanced options. Rest's ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
... inflation remains higher than CPI inflation as it removed large price falls for electricity and automotive fuel." The Reserve Bank of Australia (RBA) has said inflation needs to be "sustainably within the 2-3% target range". VanEck head of investments ...

Goodman Group welcomes Norwegian investment

ELIZA BAVIN  |  MONDAY, 6 JAN 2025
Goodman Group has welcomed Norges Bank Investment Management (NBIM) - the Norwegian sovereign wealth fund - as an investment partner in the Goodman North American Partnership (GNAP). NBIM has acquired Canada Pension Plan Investment Board's (CPP Investments) ...