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Showing 911 - 920 of 11515 results for "Point"

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
... holding funds to account, we're not encouraging in or out activities that then don't make sense with a global policy point of view."

Reserve Bank raises cash rate to 3.85%

JAMIE WILLIAMSON  |  TUESDAY, 2 MAY 2023
... Australia (RBA) has opted to increase the cash rate target to 3.85%. Meeting today, the RBA board chose to go with a 25 basis point increase, and also increased the rate paid on Exchange Settlement balances by 25 basis points to 3.75%. While the recent ...

Wealth inequality divides Australia: Research

KARREN VERGARA  |  TUESDAY, 2 MAY 2023
... areas and low-income households in others. Homeownership is another factor driving inequality. Currently, a 34-percentage point gap in home ownership rates exists between the richest and poorest households. "Not owning a home has large implications - ...

Adopt QAR recommendations now: Levy

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
Quality of Advice Review chair Michelle Levy says the government is stalling the implementation of the recommendations set out in her final report. The 267-page report, initially released to government in December, included 13 primary recommendations ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... interest rate environment." Term deposits versus super Despite the Australian superannuation market being at its strongest point ever with a record $163 billion contributed into super accounts in 2021-22, term deposit inflows have comfortably surpassed ...

Morningstar downgrades PIMCO, Vanguard funds

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... heavily on index derivatives for managing exposures and extracting returns from issuer and security selection remains a point to watch. The slightly damped overall view here is attributable to shifting relativities among its cohort," Morningstar said. ...

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
The Australian Bureau of Statistics (ABS) has reported a decrease in inflation, with the Consumer Price Index (CPI) falling to 7% in the March quarter. ABS head of prices statistics Michelle Marquardt attributed the decrease in inflation to a fall in ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
First Republic Bank's stock price has nosedived following disastrous Q1 2023 results, marked by enormous deposit outflows and decreased revenues. First Republic's results for Q1 2023 showed a 13.4% decrease in revenues, a 19.4% decrease in net interest ...

Clime outlines growth focus, wins mandate

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... mandate with a $50 million advisory contract. Clime said the volatility seen in the quarter was indicative of a turning point as it began to shift portfolios with the result of those changes expected to be seen this calendar year. It added it has completed ...

Former adviser jailed for nine years

KARREN VERGARA  |  MONDAY, 24 APR 2023
... hospitality and trust." Fineff joined Sentinel in 2010 as a paraplanner and after three years became a financial adviser. At one point, he managed 120 clients. "Financial advisers at Sentinel were only authorised to provide financial advice regarding ...