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Showing 971 - 980 of 13337 results for "Economic"

TelstraSuper revamps strategy team

ELIZABETH FRY  |  FRIDAY, 29 SEP 2023
... modelling and managing liquidity, carrying out stress testing, assessing Your Future Your Super headroom, doing macro-economic research, managing foreign exchange risk, and implementing portfolio overlays. "So it made sense to recognise the breadth and ...

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
The Consumer Price Index (CPI) experienced a slight increase in the month of August, jumping to 5.2% from 4.9% in July. Data released by the Australian Bureau of Statistics (ABS) revealed that the major contributors to the price increase included housing ...

Treasury outlines plans to boost employment

CASSANDRA BALDINI  |  TUESDAY, 26 SEP 2023
... collaborate with Indigenous representative body the Coalition of Peaks and other First Nations stakeholders to scope an economic partnership is also in the works in a bid to tackle a lag in the employment rate of First Nations people. According to the ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
The Bank of England's (BoE) Monetary Policy Committee has voted five to four to hold the policy rate steady at 5.25%, while unanimously agreeing to reduce the stock of UK government bond purchases by £100 billion over the next year. In halting a run ...

Don't believe inflation hype, says Pendal

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
... explicit mandates in contracts that matched pay to inflation." Today, things are very different, he noted. The rate of economic growth is three times lower than it was then, the US is no longer energy dependent, and unionisation isn't as common. Ge said ...

No bubble risk in Sydney housing market: UBS

CHLOE WALKER  |  THURSDAY, 21 SEP 2023
Despite a price correction since the highs of 2020 and 2021, Sydney's housing market remains overvalued but is not at risk of a bubble, says UBS. The UBS Global Real Estate Bubble Index ranks Sydney at 16th of 25 international cities in terms of housing ...

Josh Frydenberg takes over as Goldman Sachs chair

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
... adviser for Asia Pacific and takes on the new role in addition to his current duties, which include offering advice on economic and geopolitical issues. Going forward, Frydenberg will work closely with Goldman Sachs Australia's chief executive Simon ...

Aussie investors tighten purse strings: Survey

CHLOE WALKER  |  TUESDAY, 19 SEP 2023
... decline from 47% last year. "It's clear from our research that the continued interest rate increases and concerns of an economic slowdown has dimmed self-directed investor confidence," HSBC Australia head of investments Donahue D'Souza said. ...

ECB raises rates to record high of 4%

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... effects of tightening measures on domestic demand and the deteriorating global trade conditions, the ECB has lowered their economic growth projections significantly. Now it expects the Euro area economy to expand by 0.7% in 2023, 1.0% in 2024, and 1.5% ...

First Australians Capital appoints managing partner, receives $9m backing

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... services. FAC said the appointment of Saulo, who has over 18 years of experience in finance, international engagement, economic development, and social impact, completes its new leadership team. Prior to FAC, he was the first Indigenous person to be ...