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| | | ... markets," Bassanese said. "As we saw in 2022, if a global energy shock plays out, there may be a further rotation from interest rate-sensitive cyclical and technology sectors into more value-orientated defensives and resources." Bassanese said Australian ... |
| | | | Treasurer Jim Chalmers said the Federal Budget being handed down in May will make some "tough decisions" as the Australian economy faces uncertain times ahead. Chalmers said as the conflict in the Middle East continues, Treasury estimates inflation ... |
| | | | ... adjustment factors for capital gains tax for large super funds. The consultation closes on April 7. From July 1, a 30% tax rate will apply on earnings from superannuation balances between $3 million and $10 million. For balances over $10 million a 40% ... |
| | | | The Reserve Bank of Australia (RBA) hiked the cash rate by 0.25% to 4.1% at yesterday's meeting, citing a "material risk" that inflation will stay above the central bank's target range of 2-3%. The decision to hike was all but split, with five voting ... |
| | | | ... underperformance rates of 74% and 64%, respectively. Equity AREIT funds, however, performed better, with an underperformance rate of 40% - the lowest since 2013. Some 77% of the constituents in the S&P/ASX 200 A-REIT outperformed. Goodman Group - which ... |
| | | | While Treasurer Jim Chalmers did not rule out that inflation could hit as much as 5%, he is confident that Australia will not run out of fuel off the back of the current Middle East crisis. National Australia Bank has predicted that inflation could ... |
| | | | ... the Middle East events." All four of Australia's big banks - CBA, ANZ, NAB and Westpac - expect back-to-back 0.25% interest rate rises in both March and May. |
| | | | Economists have brought forward their Reserve Bank of Australia (RBA) interest rate hike forecasts from May to March. Commonwealth Bank head of Australian economics Belinda Allen said the situation has changed quickly. "After hiking the cash rate in ... |
| | | | Self-managed super funds (SMSFs) outperform APRA-regulated funds by about 1.1% on average, according to new analysis. Insights from Adelaide University show that in the five years to 30 June 2024, SMSFs' returns averaged 1.1% higher than APRA-regulated ... |
| | | | ... meaningfully from 2022 when equity income strategies were in high demand as investors sought income in a rising interest rate environment. While 2023 saw a rotation into cash and short-duration exposures, 2024 was a transitional year with more neutral ... |
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