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Showing 951 - 960 of 6260 results for "Cash"

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
... move into the slow lane, keeping the economy on an even keel. "After an initial run of rapid rate rises that returned the cash rate to more normal levels it has since slowed the pace down to better assess their lagged impact, allow for the global downturn ...

SMSF growth slows, allocations shift

CHLOE WALKER  |  WEDNESDAY, 9 NOV 2022
... preference for the more risk averse asset classes, but a surge in interest rates may play a role in returning funds back to cash." According to the ATO, almost one dollar in every five held in SMSFs is in a pooled investment product, being a managed ...

Westpac updates on strategic priorities

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
... were smaller in size than those closed. It reported $296 million in remediation costs. Westpac further reported its FY22 cash earnings dropped by 1% to $5.27 billion. It attributed the loss to a $925 million turnaround in credit impairment charges and ...

MySuper index records worst rolling return since 2009

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... former returning -5.6% for the 12 months to September end, versus the latter's -8.9%. Looking at individual asset classes, cash was the only asset class to record a positive return at 0.4% over 12 months. Australian equities achieved a median return ...

Australian housing slump marches on

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... de facto tightening that started with rising fixed mortgage rates a year ago, the speed of Reserve Bank of Australia (RBA) cash rate hikes and heightened household sensitivity to rising interest rates flowing from much higher debt levels now along with ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... contemplating. Elsewhere, a Finder survey of Australian economists was near unanimous that the RBA is set to deliver another cash rate increase in November. The majority (90%) forecast another 25-basis point rise, bringing the cash rate to 2.85%. Though ...

Ivanhoe Cambridge commits to Aussie student housing

CHLOE WALKER  |  MONDAY, 31 OCT 2022
The Canadian investment giant has partnered with Scape Core Program, and now holds the largest and pre-eminent student housing portfolio in Australia. Ivanhoe Cambridge has committed about $1 billion to the program. With 27 buildings and over 13,000 ...

Challenger launches new alternatives fund

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... the Challenger Solutions Liquid Alternatives Balanced Fund, seeking to deliver positive absolute returns in excess of the cash rate, regardless of the market environment. The fund is managed by Challenger's newly formed Solutions Group, which works with ...

Future Fund proves resilience to market shocks

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
... equity increased from 17.2% to 18.2%, and alternatives rose from 17.8% to 18.4%. Global equities fell from 20.4% to 20.3%, and cash dropped from 12.1% to 9.7%. Future Fund chief executive Raphael Arndt said: "We have been actively repositioning the portfolio ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... pressure, rising at more than 14% a year over a decade." The Labor government's 2022/23 Budget forecasts an underlying cash deficit to the tune of $36.9 billion in 2022/23, $44 billion in 2023/24, $51.3 billion in 2024/25, and $49.6 billion in 2025/26. ...