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Showing 761 - 770 of 5906 results for "Rates"

RBA hikes interest rates to 10-year high, flags further increases

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
The Reserve Bank of Australia (RBA) has hiked interest rates to 3.35%, signalling that there are more rate rises ahead. Despite moderating global inflation, high CPI inflation in Australia (7.8%), driven by both domestic demand and global factors, remains ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... prescribed, Levy recommends. The final report also includes a recommendation to maintain the current commission and clawback rates on life insurance advice. Those providing this advice should obtain the client's informed consent before accepting ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
... the upside again in the December quarter and retail sales have remained solid. Consequently, the RBA is likely to raise rates. QIC chief economist Mathew Peter commented that despite headline inflation nearing its peak, the RBA must continue delivering ...

Financial markets brace for gloomy first half

KARREN VERGARA  |  TUESDAY, 7 FEB 2023
... spending. "Many companies may have partially insulated themselves from the immediate effects of rising US and European interest rates, but households are already suffering," the report said. Furthermore, businesses targeting consumers will have their ...

Federal Reserve increases rates 25bp

CASSANDRA BALDINI  |  THURSDAY, 2 FEB 2023
... benchmark interest rate by 25 basis points, the smallest move since March last year. The quarter-point increase shifted rates to 4.75% from 4.5%. In making the announcement the Fed signaled more rate rises could be expected in the coming month. The expectation ...

Aussie shares to continue outperformance: Oliver

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... to target," he said. "Higher than expected December quarter inflation is a concern and is now likely to see the RBA hike rates by another 0.25% in February. "But it's likely to be the peak in inflation as supply is improving, freight costs have fallen ...

Downside risk dominates Australia's economic outlook: IMF

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... supply and prioritising a sustainable return of inflation to target," the IMF said. "The RBA should continue raising interest rates, with the pace remaining data dependent. Near-term fiscal restraint will help support monetary policy in holding back ...

Norwegian wealth fund reports -14.1% return

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
... contributed most negatively to the absolute return. "The market was impacted by war in Europe, high inflation, and rising interest rates. This negatively impacted both the equity market and bond market at the same time, which is very unusual. All the ...

Future Fund reports 3.7% loss for 2022

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
... 200 falling 5.5% and the S&P 500 dropping 13.6% caused the Future Fund to deliver a negative outcome. "The cycle of rising rates to control inflation is not yet complete and brings with it the possibility of recessions in much of the developed world. ...

Private debt a silver lining of market volatility: QIC

ANDREW MCKEAN  |  TUESDAY, 31 JAN 2023
... Market Opportunity report said there's opportunity for investors in private lending markets due to higher base interest rates, larger credit risk premiums, and more favourable deal terms. "Capital constraints and rising investor caution have allowed ...