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Showing 81 - 90 of 197 results for "Cost-of-living"

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI | FRIDAY, 5 MAY 2023

... laissez-faire when it comes to government support in bringing down inflation, he added. "You can't solve a cost of living problem that's generating higher inflation by pushing more money into the economy; that simply puts upward pressure on demand ...

Investors flock to term deposits over equities

ANDREW MCKEAN | THURSDAY, 27 APR 2023

... even if these returns mightn't necessarily keep pace with inflation. NAB executive Paul Riley said the rising cost of living has prompted customers to be more price savvy. "Against uncertain global markets, we have seen customers embrace the secure ...

Lowe reinforces more hikes may come

ANDREW MCKEAN | THURSDAY, 6 APR 2023

... below average. "Looking forward, we expect that consumption growth will remain subdued for some time," Lowe said. Cost of living pressure is squeezing household budgets across the country, with the decline in house prices slashing measured household ...

The seven global megatrends to watch: CSIRO

CHLOE WALKER | MONDAY, 27 MAR 2023

... Finally, 'unlocking the human dimension' touched upon trends around trust, consumer empowerment, as well as the cost of living. "In Australia, we've historically seen low levels of trust when it comes to trust in Australian institutions," Naughtin ...

Super funds have the power to make change: Advocates

CASSANDRA BALDINI | WEDNESDAY, 22 MAR 2023

... have a decent retirement and having a decent retirement income is part of that picture," said Colvin. "But, if the cost of living keeps going up then to have a decent retirement the income becomes the means to that end." Colvin said investing in affordable ...

Residential mortgages will defy headwinds: Study

KARREN VERGARA | TUESDAY, 14 MAR 2023

... The residential mortgage sector will withstand the current headwinds driven by rapidly rising interest rates and cost of living pressures, a new study finds. According to Foresight Analytics, there are three key factors that will mitigate the risks facing ...

Inflation decimates retiree purchasing power

ANDREW MCKEAN | FRIDAY, 10 MAR 2023

... increasingly pressing issue for retirees, who worry that their retirement income may not be enough to sustain their cost of living. Even if the Reserve Bank of Australia (RBA) returns inflation back to its 2-3% target range by 2025, which RBA governor ...

Claimants tend to be younger women: Research

KARREN VERGARA | WEDNESDAY, 8 MAR 2023

... recently, economic worries are driving the poor financial health of women. The majority (77%) of women said the soaring cost of living was the dominant reason (compared with 57% men), while nearly a third (32%) of women are worried about funding their ...

Spirit Super negotiates premium drop

CASSANDRA BALDINI | MONDAY, 6 MAR 2023

... executive Jason Murray said the fund has been working hard for Australians. "And at a time of high inflation and cost of living pressure I'm delighted to announce these reductions to our members," he commented. "As a profit-to-member fund, we are always ...

Productivity Commission kicks off philanthropy review

CHLOE WALKER | MONDAY, 13 FEB 2023

... supplies, and volunteers to support those affected by the COVID-19 pandemic, natural disasters, and the rising cost of living. "As we confront these and other challenges, not for profits will continue to play a vital role in strengthening and reconnecting ...

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Australian Unity to shed 195 roles

MATTHEW WAI | 12:42PM

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI | 12:34PM

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI | 12:17PM

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA | 12:29PM

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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