Investment manager Maple-Brown Abbott says its small companies fund is on track to finish the year ahead of the industry benchmark. As the risk of recession looms over Australia’s economic outlook, Sky News business reporter Edward Boyd looks back to the 90s as well as forward to the latest data that is tipping the pendulum … [Read more…]
Investment manager Maple-Brown Abbott says its small companies fund is on track to finish the year ahead of the industry benchmark. As the risk of recession looms over Australia’s economic outlook, Sky News business reporter Edward Boyd looks back to the 90s as well as forward to the latest data that is tipping the pendulum … [Read more…]
A dozen Reserve Bank interest rate rises since May 2022 have hurt borrowers, but some increase their pain through misguided loyalty. The chances of another rate hike by the RBA have essentially “doubled” after May’s unemployment rate dropped to 3.6 per cent, says CommSec’s Tom Piotrowski. The combined hit on household budgets from remaining with … [Read more…]
Investment manager Maple-Brown Abbott says its small companies fund is on track to finish the year ahead of the industry benchmark. As the risk of recession looms over Australia’s economic outlook, Sky News business reporter Edward Boyd looks back to the 90s as well as forward to the latest data that is tipping the pendulum … [Read more…]
Australia’s ETF industry has set a record after adding $1.4 billion to its funds under management in a month, with tech-themed products leading the way. But the news wasn’t so good for Aussie equities funds, which went backwards. The strongest inflows recorded in the year to date boosted the Aussie ETF industry, even though actual … [Read more…]
There is little evidence lifting rates will cool the housing market, but instead may actually be holding back much needed supply. Australia’s property market activity has recovered with prices despite the interest rate hikes over recent months, according to Proptrack Senior Economist Paul Ryan. Even over the long weekend when there should have been a … [Read more…]
There is little evidence lifting rates will cool the housing market, but instead may actually be holding back much needed supply. Australia’s property market activity has recovered with prices despite the interest rate hikes over recent months, according to Proptrack Senior Economist Paul Ryan. Even over the long weekend when there should have been a … [Read more…]
A recession could be just around the corner, so it’s time for our leaders to take some tough decisions. The GDP figures from the Australian Bureau of Statistics, which measure the total size of the economy, edged up just 0.2 per cent in the March quarter. That’s an annualised growth rate of just 0.8 per … [Read more…]
A recession could be just around the corner, so it’s time for our leaders to take some tough decisions. The GDP figures from the Australian Bureau of Statistics, which measure the total size of the economy, edged up just 0.2 per cent in the March quarter. That’s an annualised growth rate of just 0.8 per … [Read more…]
Ex-banker Nicholas Moore has told a summit the Australian economy will have a soft landing while his former bank, Macquarie, backs its carbon-emitting clients. Sky News Political Editor Andrew Clennell says Australia’s economy is “teetering” on the edge following the RBA’s latest rate rise and the release of the GDP figures. “The growth is slowing, … [Read more…]