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Showing 71 - 80 of 1396 results for "Fallen"

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
The Consumer Price Index (CPI) has fallen to 5.6%, fueling hopes the Reserve Bank of Australia (RBA) will pause interest rate hikes next week. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), came as a pleasant ...

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... first increase in the cash rate in May 2022. "The number of loans issued for the purchase or construction of a new home has fallen to its lowest level since September 2008. Loans issued to first-home buyers have recently fallen to six-year lows," he ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... rises of between 4 and 6%, which is the highest share since 2009. The share of jobs with a wage rise of 2% or less has fallen from over 50% in mid-2021 to less than 20%," he commented. Felsman added, Australian salaries also increased at around half ...

Treasury urged to consider housing in super objective

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
... ownership in retirement, saying the current retirement income system does not deliver for retiree renters. "Home ownership has fallen for younger and lower- to middle-income Australians over the past 40 years. Increases in residential property prices ...

Grattan finds $14bn savings in super tax break overhaul

KARREN VERGARA  |  MONDAY, 3 APR 2023
... the threshold should not be indexed until at least 2040, by which time it's real (after-inflation) value will have fallen to $2 million," Grattan said. Conversely, extending the Low-Income Superannuation Tax Offset, which rebates contributions tax ...

Advice firms trading at premium: Broker

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... work required significantly reduces profitability. "Clients much below this level generally detract from value and have fallen to below two times revenue if they can be sold at all," Centurion said. The removal of all grandfathered revenue in 2021 has ...

abrdn terminates funds amid transition

JAMIE WILLIAMSON  |  MONDAY, 20 FEB 2023
... analysis of the funds' flows, the Aussie equity fund's FUM has dropped 36% in the last three years, while the other's has fallen 91%. Also on the chopping block is the abrdn Global Smaller Companies Fund which was launched in 2019. abrdn said the fund ...

Unemployment rate rises to 3.7%

ANDREW MCKEAN  |  FRIDAY, 17 FEB 2023
... with other leading and timely indicators of the jobs market, such as job advertisement and job vacancies, which have also fallen recently, and it seems that the labour market is starting to loosen." Bloxham said this is good news for the Reserve Bank ...

Australian Retirement Trust, AvSuper sign merger MoU

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2023
... regular updates via webinars and newsletters just as we have so far." AvSuper had planned to merge with CSC, but that has now fallen through as "required changes" to legislation are unlikely to be delivered in 2023, AvSuper said. As recently as mid-December ...

Productivity Commission kicks off philanthropy review

CHLOE WALKER  |  MONDAY, 13 FEB 2023
... while deductable donations have increased as a share of total income, the percentage of taxpayers making donations has fallen. The Productivity Commission will consult broadly, including with Commonwealth, state and territory governments, the philanthropic ...