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Showing 71 - 80 of 256 results for "COVID-19"

Australian housing slump marches on

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
After surging 28.6% between the pandemic low in September 2020 to a high in April, national property prices have fallen 6%, said AMP chief economist Shane Oliver. "The key drivers of the downturn remain: poor affordability, rising mortgage rates, some ...

Vicinity Centres head announces retirement

CHLOE WALKER  |  MONDAY, 31 OCT 2022
Grant Kelley has announced his departure from Vicinity Centres after more than five years as its managing director and chief executive. Kelley is set to retire from Vicinity by 30 June 2023, to facilitate a smooth and coordinated transition to his successor ...

Credit Suisse restructures investment bank

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
Following a strategic review, Credit Suisse will undertake a "radical" restructure of its investment bank and cut thousands of jobs. Credit Suisse chair Axel P. Lehmann said the group has "become unfocused" in recent years and the new strategy is "the ...

Outsourcing is the future: Northern Trust

CHLOE WALKER  |  TUESDAY, 25 OCT 2022
A firm's ability to outsource could be the difference between future success or failure, according to Northern Trust's head of global strategic solutions Gary Paulin. Speaking with Financial Standard, London-based Paulin said that while outsourcing ...

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 ...

AFA Thrive Conference kicks off

CASSANDRA BALDINI  |  WEDNESDAY, 21 SEP 2022
The Association of Financial Advisers' national conference is back in-person for the first time in three years, taking place on the Gold Coast. Delegates were welcomed to the conference by hosts Cara Williams from Sufficient Funds and Tim Ross from ...

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
According to Finder's RBA Cash Rate survey, 97% of economists and experts have forecast that the Reserve Bank of Australia (RBA) will increase the cash rate today. The survey found that almost two-thirds of respondents predicted a rise of 50 basis ...

Not enough being done to fix super gap: AIST

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2022
In opening the Australian Institute of Superannuation Trustees' Conference of Major Super Funds, chief executive Eva Scheerlinck lamented the glacial pace of change for women when it comes to superannuation. Touching on why closing the gender super ...

Increasing number of advisers look to self-licence

JAMIE WILLIAMSON  |  MONDAY, 5 SEP 2022
About 70% of the financial advisers that are looking to leave their licensee are planning to go it alone, research shows. According to Investment Trends' Adviser Business Model Report, about 70% of those looking to move in the next 12 months plan to ...

Women have suffered greater financial loss post-pandemic: Research

CHLOE WALKER  |  THURSDAY, 1 SEP 2022
While a third of men in Australia experienced a boost in their annual income during COVID, just one in four women saw an increase, according to new research from Equipsuper. The results of Equip's survey also reveal that a larger proportion of men ...