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Showing 891 - 900 of 5908 results for "Rates"

Westpac outlines new social initiatives

CHLOE WALKER  |  MONDAY, 20 JUN 2022
The initiatives have a strong focus on women's financial security, including increasing home ownership rates among females. Westpac has expanded eligibility for its existing Lender's Mortgage Insurance (LMI) Waiver to include more health professions. ...

SMSF assets climb to $892bn

ANDREW MCKEAN  |  FRIDAY, 17 JUN 2022
... deposits are very unattractive and not heavily used. There's been some use of other pool structures to try and achieve higher rates of return, but this is also limited resulting in most liquidity being managed through cash at bank." According to SuperConcepts ...

Stagflation: What should we expect?

CHLOE WALKER  |  THURSDAY, 16 JUN 2022
... than what a natural break is and one and a half percentage points about what the RBA is declaring they are going to take rates to already." Meanwhile, IFM Investors chief economist Alex Joiner said: "We like to think that central banks will not commit ...

Younger generations lead the SMSF surge: Vanguard

ANDREW MCKEAN  |  THURSDAY, 16 JUN 2022
... the ones who are more likely to achieve their financial goals." The report illustrated that SMSFs cited rising interest rates, inflation and market volatility as the foremost factors likely to influence their investment decisions in the next 12 months. ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
... receiving an increase on par with the 5.1% increase in the cost of living over the past year," she explained. "Real wage rates have been stagnant for a decade now. They can and should be increased substantially, at least to compensate for inflation ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... central bank target ranges in many major economies, however, cost pressures should start to ease because of rising interest rates. OECD secretary-general Mathias Corman said: "Countries worldwide are being hit by higher commodity prices, which add to ...

Banks flag imminent consecutive double rate rises

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
Commonwealth Bank and Westpac economists have predicted the Reserve Bank of Australia (RBA) to bump up official rates to 1.35% when it next meets in July; NAB and ANZ believe there will be another double hike in the next two months. Quickly following ...

Cbus, Hostplus take out customer satisfaction awards

CHLOE WALKER  |  WEDNESDAY, 8 JUN 2022
... 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 level of customer satisfaction ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... commodity prices stabilise, even if at a high level, inflation is expected to moderate. Today's increase in interest rates will assist with the return of inflation to target over time." Following the RBA's announcement, CPA Australia said today's ...

No more changes to risk commissions: ClearView

JAMIE WILLIAMSON  |  TUESDAY, 7 JUN 2022
... bodies," ClearView managing director Simon Swanson said. ClearView is calling on Treasury to avoid tinkering with commission rates to ensure accessibility and affordability. "Consumers should be able to choose how they pay for life insurance advice ...