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Showing 61 - 70 of 1308 results for "Surprise"

Sue Brake joins NZ Super, Lisa Gray departs VFMC

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
Two of Australia's former top executives at the forefront of change have become highly influential figures on sovereign wealth fund boards. Sue Brake, former Future Fund investment chief and adviser to Singapore's central bank has chosen a second ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... endowment funds are using it, but we're not seeing pension funds," he said. He added that shouldn't come as any surprise as "having a punt on bitcoin" or any other cryptocurrency isn't what life savings should be invested in. However, Shelley ...

RBA 'paves way' for February rate cut

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
The Reserve Bank of Australia (RBA) surprised no one by leaving the official cash rate on hold at 4.35% at its final meeting of the year. While this was the ninth consecutive month the central bank has kept the cash rate steady, the decision was met ...

Treasury gives Tranche 2 reform package preview

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... these advisers are compliant with the regulations and, where they fail, may incur civil penalties. Abood welcomed this surprise inclusion, saying many FAAA members have expressed interest in employing these advisers as a means of offering more affordable ...

ASIC flags 'consistently weak' claims processes

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2024
Following its recent action against Cbus, ASIC has warned all super trustees to ensure they are processing death benefit claims efficiently, saying it has seen "consistently weak" practices and "operational failures." ASIC has put super funds on notice ...

Interest rates to remain on hold for some time

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
... announcements and more things going on." HSBC chief economist Paul Bloxham said the decision to leave rates on hold was a surprise to no one, but given the tone from the central bank, there is now a small chance interest rates may not move at all in ...

Commonwealth Bank finally relents on interest rate call

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
... would likely cut rates early in 2025, following the first release of CPI data in January. "All up, the lack of a downside surprise today has modestly weakened, but not shifted, my base case view that the RBA will deliver its first interest rate cut in ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... launched defence armament and technology-focused ETFs around the first-year anniversary of Hamas' attack. It's no surprise that the MSCI World Aerospace and Defense Index continues to outpace the MSCI World, shooting up 45.3% in the year to September ...

US better positioned to deliver strong returns: UniSuper

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
UniSuper chief investment officer John Pearce said the start of the financial year has kicked off strongly, following on from a positive 2023/34 result, but going forward the US is better positioned than Australia to continue delivering strong returns. ...

ECB drops interest rates to 3.25%

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
The European Central Bank (ECB) has lowered interest rates for the third time this year by 25 basis points to 3.25%. The decision affects three key areas: the deposit facility, main refinancing operations, and marginal lending facility, which will decrease ...