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Showing 821 - 830 of 6910 results for "Economy"

Federal Reserve bumps interest rate by 0.75%

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
... bank also now anticipates a further 125bps of hikes this year, pushing the funds rate to 4.4% by December end. "The US economy is still travelling above its speed limit. As long as the economic data continues to be solid, and core inflation remains high ...

Consultation opens on crypto regulation bill

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... reserve, in financial institutions licensed by APRA. The Act also targets the e-Yuan, the first CBDC to be issued by a major economy, requiring that its facilitators which are predominantly Chinese state-owned banks, disclose data to APRA and the Reserve ...

CSLR legislation tabled, advice sector responds

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
... accountable for their decisions and conduct which have significant flow on effects for everyday Australians and the Australian economy," a Treasury statement said. "The FAR imposes heightened accountability obligations and ensures that where these obligations ...

Rising number of active funds underperforming: SPIVA

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
... report said rising inflation, higher interest rates and surging commodity prices have darkened the landscape of the global economy. "The first half of 2022 was characterised by broad based declined in both equities and fixed income securities around ...

RBA signals further interest rate rises

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
... will help bring inflation back to target and create a more sustainable balance of demand and supply in the Australian economy," Lowe said. However, the board expects to increase interest rates further over the months ahead. Inflation in Australia is ...

Financial stress at record highs: AMP

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
Australian workers' financial stress has risen sharply, costing the economy $67 billion in lost productivity annually. According to AMP's 2022 Financial Wellness report, stress is higher than ever, almost doubling over the past two years. "The ...

APRA aims to bolster financial crisis response

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... Deputy chair John Lonsdale said the disorderly failure of an APRA-regulated entity could have a significant impact on the economy and society. "Crisis preparedness and resolution planning gets to the very heart of APRA's purpose to protect the financial ...

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... inflation target in order to keep inflation expectations down." KPMG partner and senior economist Sarah Hunter said: "The economy is testing the limits of its supply side capacity, and in this environment, inflationary pressures remain elevated." "The ...

HESTA adds Woodside, Santos to climate watchlist

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... the best financial interests of members are served through a timely, equitable and orderly transition to a low carbon economy. "Each of these companies has a role in mitigating climate risk and reducing emissions in Australia, which will help reduce ...

New Forests launches new division, appoints team

CASSANDRA BALDINI  |  TUESDAY, 6 SEP 2022
... believe that improving agricultural land management and optimising landscapes for multiple uses, will help the global economy transition to a sustainable future," he said. King concluded that Australia and New Zealand's agriculture industries are ...