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Showing 61 - 70 of 667 results for "CPI"

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
... suggested that the RBA's forecasts are unchanged since its full forecast update in November." "It directly cited the month CPI indicator figures, which were lower than expected (6.9%), but still cited the RBA's previous inflation forecast of a peak around ...

Survey shows impact of inflation on industry pay rises

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
... there is still an upward pressure on salary levels - but there are instances where salary increases are falling below that CPI metric." For the first time, sector pay increases have been plotted against CPI, which uncovers the "true impact" of inflationary ...

Cost of retirement in lockstep with inflation: ASFA

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
... single person to fund a comfortable retirement has risen by 6.7% and for a couple by 6.6%, slightly lower than the annual CPI of 7.3%. While the major categories of expenditure, including food, transport and energy have all increased in price over the ...

Super fund with highest customer satisfaction named

ANDREW MCKEAN  |  THURSDAY, 10 NOV 2022
... declined over 15% from its peak. She added that the market faces a challenging environment going into 2023, with the latest CPI figures showing Australian inflation hitting 7.3%. Meanwhile, as previously reported on by Financial Standard, in October ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... GSFM investment strategist Stephen Miller believes that any "difference" wasn't evident in the latest consumer price index (CPI) data. "The big drivers of inflation in the developed world are clearly present in Australia, as well some homegrown ones ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... the strategy said. Pertinently, data today from the Australian Bureau of Statistics (ABS) shows the Consumer Price Index (CPI) rose 1.8% in the September quarter. Over the 12 months to September 2022, CPI rose 7.3%, the highest annual movement since ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... risk from moderate inflation is stark, if the rate of inflation is sustained at just 5%, a rate well below the current 6.1% CPI estimate by the Australian Bureau of Statistics (ABS), retirees' nominal purchasing power will be halved over 14 years. ...

Aura Group launches multi-asset solution

JAMIE WILLIAMSON  |  FRIDAY, 21 OCT 2022
... active approach to asset allocation using both quantitative and qualitative assessment." The fund targets a total net return of CPI plus 2.5% over rolling five-year periods and is managed by Aura director and portfolio manager Ainsley Lee and director ...

CPI rises despite Fed rate hikes

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
The US Consumer Price Index (CPI) rose 0.4% in September, up 8.2% over the last year. Increases in the shelter, food, and medical care indexes were the largest of many contributors to the monthly seasonally adjusted all items increase. Though, these ...

Time to throw out the antiquated lifetime annuity mindset

ANDREW MCKEAN  |  FRIDAY, 23 SEP 2022
... of traditional lifetime annuities has been quite negative over the decade, the retirement product marred by its linkage to CPI in a contracting interest rate environment. "Also, once you're in the type of product, linked to a return, that's it. There's ...