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Showing 71 - 80 of 750 results for "CPI"

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... first time since December 2010 that increases in living costs for all household types were higher than the increase in the CPI," Marquardt said. Insurance and financial services, such as mortgage interest charges, and food and non-alcoholic beverages ...

ESSSuper launches Balanced Growth Managed option

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... inflation or 3.75% above the rate of inflation for retirement income stream accounts. For example, if the consumer price index (CPI) averages 3% p.a. year over 10 years, the option aims for an average return of 6.25% p.a. or 6.75% p.a. respectively during ...

No one immune to cost-of-living pain: ABS

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... first time since December 2010 that increases in living costs for all household types were higher than the increase in the CPI," Marquardt said. Insurance and financial services, which includes mortgage interest charges, and food and non-alcoholic beverages ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
The Consumer Price Index (CPI) rose 1% in the June quarter and 3.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The June quarter rise is the same as the 1% rise in the March 2024 quarter," ABS head of price ...

REI Super returns 9.34% in FY24

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUL 2024
... expected to generate even stronger returns for members. The Growth Plus option was launched this month and targets returns of CPI plus 4.5% per annum over rolling 10-year periods. "This new investment option has the potential for the highest returns ...

Markets look to US rate cuts as inflation falls

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... inflation pressures, signalling to investors that interest rate cuts could be on the horizon. June's US consumer price index (CPI) data revealed a rise of 3% from the previous year, falling short of the expected 3.1%. Core prices, which strip out volatile ...

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
... longer to return to target was discussed," Allen said. "This argument of course has strengthened with the release of the May CPI Indicator. Inflation expectations continue to be watched closely as well by the RBA." The minutes also contained a discussion ...

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
... Reserve Bank of Australia (RBA) will be feeling disappointed after the Australian Bureau of Statistics (ABS) released the CPI indicator or May showing an annual increase of 4%, up from 3.4% in February. Canstar group executive, financial services Steve ...

TCorp moves to new OneFund structure

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUN 2024
... fund while also delivering efficiencies on the back of a more streamlined structure. OneFund will target returns of 4.5% plus CPI over rolling 10-year periods, increasing risk slightly across the individual funds to do so. Creating OneFund is also expected ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... that seems appropriate. Inflation remains stubbornly high," Miller said. Miller said the April monthly consumer price index (CPI) indicator exhibited ongoing "stickiness", as did the price and labour cost indicators contained in the NAB May Monthly Business ...