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Showing 81 - 90 of 3384 results for "Interest rates"

RBA sustains cash rate at 4.1%

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... do so. "In light of this and the uncertainty surrounding the economic outlook, the board again decided to hold interest rates steady this month. This will provide further time to assess the impact of the increase in interest rates to date and the economic ...

Aware Super details new term deposit option

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
... $1807 a week. Aware Super said if they invested $10,000 in a 12-month term deposit through the fund at current interest rates, they'd earn about $445 in interest after tax, excluding fees and charges. Outside of super, they'd only earn $345. "We pride ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
The US Federal Reserve has raised interest rates by a quarter of a percentage point, taking rates to a 22-year high. Overnight, the Fed announced rates would rise to a range of 5.25% to 5.5% to continue its fight against inflation. Fed chair Jerome ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... Economics partner Stephen Smith contended that today's data provides additional evidence that the RBA has raised interest rates excessively. "As Deloitte Access Economics has been warning for the past 12 months - and as the Reserve Bank's own ...

New Vanguard regional ETF capital markets lead

KARREN VERGARA  |  TUESDAY, 25 JUL 2023
... International bond ETFs had the biggest boost of 215% year on year to finish at $763 million. "Although rising interest rates have created short-term pain for Australian investors, they have helped to improve long-term return expectations for bonds," ...

Major economies buoyed by tight jobs market

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... been expecting the unemployment rate to be higher than it is by now, given the contractionary impact of higher interest rates." The labour market in the US also shows no signs of abating. "The unemployment rate remains historically low, job openings ...

UniSuper rides tech tailwinds to strong returns

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2023
... FY23 with -9%. "The fall was in part a correction from a very strong rally, and also a negative reaction to higher interest rates. The current share price looks well supported with a of yield of 5.5%, expected to grow by 3% p.a.," Pearce explained. "Furthermore ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... economies and the recent experience of those countries highlighted the upside risks to inflation and the outlook for interest rates," it added. On the flip side, the RBA acknowledged mortgage repayments were around a record high in May, inflation is ...

TelstraSuper MySuper delivers 9.34%

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... property investments, leading to a general softening in demand for these assets. "Our current central view is that interest rates have yet to peak, and we will likely continue to see high inflation, even if it does reduce slightly. High inflation, combined ...

CFS settles super fees class action

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... still pursuing Commonwealth Bank and CFS over another class action related to not offering super members the best interest rates.