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Showing 71 - 80 of 1308 results for "Surprise"

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... economist Krishna Bhimavarapu said. "The focus from here will remain on the labour market, so unless there is an upside surprise in the unemployment rate on October 17, there is little chance for an RBA pivot. "However, the RBA risks prolonged subpar ...

Federal Reserve kicks off easing cycle

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
The Federal Reserve elected to cut interest rates by 50 basis points overnight, its first reduction in four years. The US central bank decided to lower the target range for the federal funds rate by half a percentage point to 4.75-5%, surprising many ...

Aussie economy grows 0.2% in June quarter

ELIZA BAVIN  |  WEDNESDAY, 4 SEP 2024
... headline growth rate hides a fracturing of public and private sector activity," Smith said. "Today's figures will come as no surprise to many Australians who are already battling through recession-like conditions. Household consumption has fallen in ...

US election outcome tops investor concerns: Natixis

MATTHEW WAI  |  WEDNESDAY, 31 JUL 2024
... prices generally rose during both election and non-election years. Further, from Natixis, geopolitical conflict (47%) and surprise inflation (40%) could stem the market rally. The majority (93%) are worried that inflation will continue to worsen and ...

Advisers shun major institutions, 500 exit: Rainmaker

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
Financial advisers continue to ditch major institutions as more than 500 left in the year to June, Rainmaker analysis shows. Major institutions lost 8.8% of their advisers, with 513 exiting over the 12 months to end up with 5361 at the end of the period. ...

Australia unlikely to tame inflation

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
Australia's ability to control inflation looks more challenging and intractable as there is a good chance the Reserve Bank of Australia (RBA) could increase interest rates in August, an economic expert says. According to GSFM investment strategist ...

Perpetual global head of distribution exits

ELIZABETH FRY  |  FRIDAY, 19 JUL 2024
... familiar with the matter said the decision to eliminate Quaife's role and streamline distribution is not a complete surprise, given the sale of Perpetual's corporate trust and wealth businesses to KKR. He noted that other fund managers are also ...

Australian Retirement Trust delivers 11.3% in FY24

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... best [in the] short-term for inflation," he said. "So that's something that I think's really been a positive surprise - is how well equities have held up the last couple of years." About half of the super fund's equity allocation is split ...

Inflation weighing on next generation of retirees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... those turning to digital advice were typically combining it with a relationship with a traditional adviser. "It's no surprise that Gen X, who are often stressed and time poor as they take care of elderly parents while raising children and navigating ...

Innova backs using leverage in super for housing

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... nominal price gains given the median house in Sydney is now valued at almost $1.4 million," Miles said. "It's no surprise then that the next generation is turning to more accessible investments such as shares and even cryptocurrencies." Miles said ...