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Showing 901 - 910 of 9693 results for "Lowe"

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... transmission mechanism in Australia hits home borrowers in a way it doesn't offshore." Earlier in the month, RBA governor Phillip Lowe flagged the release of important data would largely inform the board's policy decision in April. In an economic outlook ...

Mergers, performance dim super satisfaction: Survey

KARREN VERGARA  |  FRIDAY, 24 MAR 2023
Members are frustrated with their superannuation funds' performance and the drastic pace of consolidation in the industry, a new survey reveals. Roy Morgan's quarterly gauge of member satisfaction found that super funds were graded a 66.6% rating, down ...

FYG Planners partners with Asendium

KARREN VERGARA  |  FRIDAY, 24 MAR 2023
Financial advice group FYG Planners has joined forces with Asendium to provide its network of advisers access to new software. Financial advisers will be able to utilise Asendium's Statement of Digital Advice (SoDA) system. This enables advisers to ...

US Fed hikes rates amid banking turmoil

ANDREW MCKEAN  |  THURSDAY, 23 MAR 2023
Amid banking turmoil, the US Federal Reserve announced a rate hike to combat inflation. Recent economic indicators revealed modest growth in US spending, production, and strong job gains, with low unemployment and persistent inflation concerns. As such ...

DASH lands venture capital investment

ANDREW MCKEAN  |  WEDNESDAY, 22 MAR 2023
DASH Technology Group has secured venture capital funding for an undisclosed amount from Australian firm Co:Act Capital. This investment aims to support DASH, formerly known as WealthO2, in advancing its technology, offering improved solutions to financial ...

Openmarkets launches custody offering

KARREN VERGARA  |  WEDNESDAY, 22 MAR 2023
The newly revamped trading platform now has a custody capability that holds Australian equities on behalf of retail investors. Openmarkets has partnered with Syfe, an Asia-Pacific investment platform that has offices in Singapore, Hong Kong and Australia. ...

Future-proofing the super system: Rees

CHLOE WALKER  |  TUESDAY, 21 MAR 2023
Speaking on a panel the first day of the Conference of Major Superannuation Funds (CMSF), MetLife head of external affairs and public policy Nathan Rees said that establishing an objective for superannuation will help to "future proof" the system. "The ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... range spent $41,477 in the last year. In hiking the base rate to 3.60% on March 7, Reserve Bank of Australia governor Philip Lowe said global inflation remains very high, but at home it seems as though inflation has peaked. "Goods price inflation is ...

Fink warns of "slow rolling crisis"

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
In his annual letter to investors, BlackRock chair Larry Fink has said it's unclear what impact the collapse of Silicon Valley Bank and others this past week will truly have, saying they are just one element of the "price we're paying for decades ...

Aware Super to boost investment capabilities with new platform

ANDREW MCKEAN  |  THURSDAY, 16 MAR 2023
Aware Super is enhancing its investment capability by creating an in-house investment platform through an internal initiative called 'Project Odin'. The aim of the platform and Project Odin is for Aware Super to strengthen its internal management foundations ...