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Showing 891 - 900 of 4044 results for "Inflation"

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
... welcome change. "This approach recognises the particular challenges that workers on low incomes are facing with high inflation, with the lowest paid workers receiving an increase on par with the 5.1% increase in the cost of living over the past year," ...

Mammoth aggregate returns for ETF investors

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
... Australian investors made $10 billion in returns by investing in ETFs over the past 12 months. Despite market turmoil, rising inflation and the Russian invasion of Ukraine, research illustrated that the Australian ETF market grew 32% from $102.1 billion ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... Australia's GDP growth projections for 2022 increased slightly from the OECD's December estimate. Though, its inflation projection grew from 2.7% to 5.3% over this same period. "Wage and price pressures will rise given the already tight labour ...

Banks flag imminent consecutive double rate rises

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
... Tindall said: "This month's double hike is unfortunately just a taste of what's to come." "The RBA wants to get the inflation genie back in the bottle and it's prepared to do what it takes to get the job done, and quickly." Mutual Limited chief investment ...

Cbus, Hostplus take out customer satisfaction awards

CHLOE WALKER  |  WEDNESDAY, 8 JUN 2022
... restrictions related to the pandemic have now been lifted. "However, already during 2022 a new set of challenges, led by inflation and rising interest rates, have emerged that are placing pressures on consumers and businesses and mean delivering a high ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... exchange settlement balances by 50 basis points to 75 basis points. At its meeting today, RBA governor Phillip Lowe said inflation in Australia has increased significantly. Lowe said: "While inflation is lower than in most other advanced economies, it ...

Reserve Bank tipped to hike rates again

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
... a cash rate of around 2%. "They will be careful not to overshoot with policy tightening and risk a hard landing, but inflation will rise further due to supply issues, so they have more work to do," Robertson said. Though Finder head of consumer research ...

Stuart Robert named shadow financial services minister

CASSANDRA BALDINI  |  MONDAY, 6 JUN 2022
... global economy," he said. "We will hold Labor to account to ensure its heavy-handed approach does not lead to higher inflation, higher interest rates, higher taxes, or further drive-up prices for households and small businesses." Meanwhile, former financial ...

Relax rate expectations: Franklin Templeton

CHLOE WALKER  |  FRIDAY, 3 JUN 2022
... believes the market's current interest rate expectations are too aggressive. In its latest review of the outlook for inflation and monetary policy, Franklin Templeton said it remains of the view that the Reserve Bank of Australia (RBA) should take a ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... Reserve Bank of Australia's 4.25% estimate. The bank explained: "We expect private consumption to be softer in Q2-Q3 as inflation remains elevated." "Incoming Treasurer Jim Chalmers has flagged fiscal pressures and has said that a trimming of spending ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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