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Showing 931 - 940 of 11515 results for "Point"

US CPI inflation rate stays stubbornly high

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
The Consumer Price Index (CPI) rose 0.1% in March, remaining at 5% year on year. NAB economist Taylor Nugent said the US CPI showed welcome, but not overwhelming, progress. "Headline CPI rose less than expected, up 0.1% month on month, and 5.0% year ...

Long pause likely from RBA: Economist

CASSANDRA BALDINI  |  THURSDAY, 13 APR 2023
The Reserve Bank of Australia's (RBA) pause on interest rate hikes will likely linger, according to HSBC chief economist Australia and New Zealand Paul Bloxham. In a recent Financial Standard podcast, Bloxham said despite inflation still being high ...

Digital advice association in the works

CASSANDRA BALDINI  |  TUESDAY, 11 APR 2023
... be delivered in a hybrid manner. "What you see happening is customers being moved between technology and the human at the point in time in which they need different kinds of support," he said. "Most of the time it's not going to be purely digital, it's ...

Mercer Super names key executives

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... the years he's also worked with AMP and Perpetual, including as the latter's acting chief operating officer at one point. "The aim of the merger has always been about bringing the best of our organisations together to deliver better retirement ...

Global X debuts US corporate bond ETF

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... largest corporate bond in a cost-effective, highly liquid and currency hedged vehicle. The new fund by Global X has a 30-basis point management fee and follows the Bloomberg USD Liquid Investment Grade Corporate Hedged to AUD Index. The ETF provides ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... hiking the cash rate and likely pause for the next few quarters. "Our view has been that the economy would pass a turning point, into a downswing, around the turn of the year and that once inflation had peaked and the labour market had started to loosen ...

Economists divided: RBA's moment of truth looms

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... upcoming decision on whether to raise the cash rate from 3.6%. The major banks are at odds: ANZ and NAB forecast a 25 basis point cash rate hike, while Commonwealth Bank and Westpac anticipate the RBA to hold steady. Likewise, according to the latest ...

REITs merit place in multi-asset portfolios: Insight

CASSANDRA BALDINI  |  TUESDAY, 4 APR 2023
... in building a diversified portfolio in a cost- and resource-efficient way. DWS and GIC said, from a strategic allocation point of view, REITs can be used in conjunction with private real estate on a long-term basis to achieve the desired sectoral, geographic ...

Curbing super tax breaks for the wealthy: Consultation opens

ANDREW MCKEAN  |  MONDAY, 3 APR 2023
The government has opened consultation on its proposal to increase the concessional tax rate for superannuation balances over $3 million. Under the proposal, individuals with super balances over $3 million would see their tax rates on earnings double ...

Rating the rating houses: How much do advisers rely on fund research?

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
As fund research plays a critical role in helping financial advisers make conflict-free product recommendations, what bearing do rating houses have in helping them meet their obligations? According to Main Street Financial Solutions principal and private ...