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Showing 1 - 10 of 263 results for "Financial stability"

Aussies underestimate life insurance's importance: Investment Trends

ANDREW MCKEAN  |  TUESDAY, 30 APR 2024
There is a gap in perception among Australians of life insurance as a crucial component of financial stability, according to an Investment Trends Consumer Insurance Needs report. The report said out of the 20 million adult Australians, 6.7 million have ...

Australia's budget position ranks second among G20 nations

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... years," the IMF said. Fiscal consolidation is needed in most countries to strengthen debt sustainability and financial stability, it added. "While the pace of fiscal consolidation should be calibrated to strike a balance between fiscal risks and the ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... between private credit funds, private equity firms, commercial banks, and investors," it said. "Today, immediate financial stability risks from private credit appear to be limited. However, given that this ecosystem is opaque and highly interconnected ...

A quarter of advised Australians nervous about retirement

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... activities and hobbies scored the highest (79.5) followed by mental health (77.6). Physical health (61.5) and financial stability (56.3) were flagged as areas with the most potential for improvement in enhancing overall wellbeing. More than two in three ...

Threats outside the Australian financial system build: RBA

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
The Reserve Bank of Australia's (RBA's) latest Financial Stability Assessment has said that although risks to global economy have been balanced as inflation has eased, risks to financial stability remain. The Assessment said there is a possibility ...

AI poses potential challenge to financial stability: Gensler

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
Artificial intelligence could threaten financial stability, forcing novel macro-prudential strategies, according to US Securities and Exchange Commission (SEC) chair Gary Gensler. In a speech at Yale Law School, Gensler described AI as having "tremendous ...

Interest rates drive adviser conversations in 2024

KARREN VERGARA  |  THURSDAY, 25 JAN 2024
... the implications of a 2% rate increase, ensuring clients are well informed about potential risks to their financial stability," Lusher said. Stress testing is also common practice with Robert Devlin, the head of advice and partner Tribeca Financial. ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... 2024. The IMF has urged Australia to steer its economy toward a soft landing by prioritising inflation and financial stability. Key to this will be coordinated policy efforts, addressing productivity declines and an ageing population through structural ...

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
... regulation. "It is important to note, however, that if non-bank lending in Australia were to pose a risk to financial stability, APRA could avail its reserve powers to regulate the sector," the RBA warned.

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... regulation. "It is important to note, however, that if non-bank lending in Australia were to pose a risk to financial stability, APRA could avail its reserve powers to regulate the sector," the RBA warned.
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