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25 January 2023 • By • 1 min read

Annual inflation lifts to highest level since 1990

The Australian Bureau of Statistics has released the December quarter’s CPI figures. The consumer price index (CPI) rose by 7.8 per cent in the ...

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AMP announces $68m writedown

AMP has announced that it expects to recognise impairment charges of $68 million (post-tax) in its FY 22 financial results. In an ASX listing on ...

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Business conditions wane, send inflation signal

The deterioration in business conditions has continued, however, the latest indicators provide further evidence of an easing in cost pressures

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Inflation the ‘wildcard’ for investors this year: GSFM

While a more positive inflation picture is emerging in the US, GSFM believes that the inflation situation in Australia is less encouraging

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Managed fund flows ‘sharply curbed’ amid higher inflation and rates

Inflows into managed funds, particularly fixed income funds, fell significantly in 2022. Australian managed funds suffered a significant decline in ...

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Could one more rate hike tip Australia into a recession?

Deloitte Access Economics says there is an “Everest of evidence” to suggest that the Reserve Bank should hold the rate next month. Just one more ...

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APRA hits Diversa with additional licence conditions over prudential concerns

According to the prudential regulator, the new licence conditions set the minimum standard for governance, risk, outsourcing, oversight and member ...

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Which super funds delivered the best returns in 2022?

SuperRatings has released its analysis of super fund performance in the year gone by. The Perpetual Balanced Growth Fund returned 1.7 per cent over ...

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China’s economic performance to have ‘big consequences’ for Australia: Treasurer

Treasurer Jim Chalmers has highlighted the importance of China’s economy locally and globally. As clouds continue to hang over the global economy, ...

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Westpac sees RBA’s tightening cycle peaking after the Fed’s

Both central banks are forecast to continue tightening in the early months of 2023. Westpac has predicted that the US Federal Reserve’s monetary ...

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