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Showing 881 - 890 of 11412 results for "Rate"

UK advisers told to review retirement advice processes

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
Financial advisers in the UK are being asked to examine their processes when providing retirement income advice, following a thematic review that found some "are not even getting the basics right." The Financial Conduct Authority (FCA) undertook the ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
The US Federal Open Market Committee (FOMC) chose to keep the benchmark policy rate at 5.25% to 5.50%. Despite holding rates at their current level, the latest dot plot revealed the FOMC expects 75 basis points of cuts this year, with more to come in ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
In its March meeting, the Reserve Bank of Australia (RBA) kept its cash rate unchanged at 4.35%, as predicted by nearly all economists. HSBC chief economist Paul Bloxham stated that the decision was in line with expectations and that there are risks ...

Investors being influenced by the 'Powell pivot'

ELIZA BAVIN  |  WEDNESDAY, 20 MAR 2024
... opportunity" to evaluate active fixed income teams' decisions and performance through the evolving economic and interest rate conditions of 2020-2023. "The COVID period provided the first opportunity in many years to see managers navigating duration ...

Markets, economies benefit from eustress: ABDO

KARREN VERGARA  |  WEDNESDAY, 20 MAR 2024
... individuals and businesses and speaks to the cost money - which is no longer cheap. Most people would agree that the cash rate of 4.35% is high, Paton said. "However, over the last 35 years the average central bank rate has been 4.42%. On a longer-term ...

Castlerock embarks on $30m capital raise

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... government-leased assets to provide investors with a stable and growing income stream and long-term capital growth. It has an internal rate of return of 13.5% and a minimum investment amount is $100,000. "We believe this simple change in name will create ...

Treasury releases draft legislation for new $3m super tax

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... Stakeholders have been encouraged to submit responses to the draft regulations before 26 April 2024. The bill imposes a tax rate of 15% for super earnings corresponding to the percentage of an individual's super balance that exceeds $3 million for an ...

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
The Reserve Bank of Australia (RBA) is expected to keep interest rates on hold at 4.35% today but hopes for a rate cut around the corner may be off the table. In this month's Finder RBA Cash Rate Survey, 41 experts and economists weighed in on what ...

PGIM launches new platform in Australia

ELIZA BAVIN  |  MONDAY, 18 MAR 2024
... Australia marks the first expansion of its agriculture lending business beyond North America. PGIM Real Estate will provide fixed rate, long-term financing solutions to Australian farm operators and agribusinesses through an exclusive partnership with ...

Demand for ETFs set to persevere

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
Investors' demand for cheaper exchange-traded funds (ETF) is set to persist, according to Morningstar, as active fund managers fail to gain market share over low-cost alternatives. The 2024 first quarter report, Australian Asset Managers, shows how ...