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CGFAX●NASDAQ
Financial ServicesAsset Management
$86.67
$0.86(0.98%)
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RBA Hikes Cash Rate to 4.60% on September 29, Highest Since 2011
📅 in about 2 hours

RBA Hikes Cash Rate to 4.60% on September 29, Highest Since 2011

RBA raises cash rate to 4.60%, the highest in 15 years. Fourth hike of 2026 adds $100 monthly to $700k mortgages. Markets price 60% chance of sixth hike by mid-2027.

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Kelvin Wave Could Raise California Sea Levels Up to a Foot This Fall
📅 in about 1 hour

Kelvin Wave Could Raise California Sea Levels Up to a Foot This Fall

A Kelvin wave traveling from the Pacific could raise California sea levels by up to a foot as El Niño develops. The wave is expected to reach San Diego in early to mid-October.

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US 10-Year Treasury Yield Hits 5.18% on September 24, Highest Since 2007
📅 2 hours ago

US 10-Year Treasury Yield Hits 5.18% on September 24, Highest Since 2007

US 10-year Treasury yield hits 5.18% on September 24, highest since 2007. Real rates drive 96% of the 45 basis point surge. Bond prices fall as borrowing costs rise.

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First Home Buyers Face $11,200 Borrowing Hit as RBA Hikes Rates to 15-Year High
📅 7 hours ago

First Home Buyers Face $11,200 Borrowing Hit as RBA Hikes Rates to 15-Year High

RBA rate hike on September 29 will cut first home buyer borrowing capacity by $11,200 and add $107-$152 monthly to mortgage repayments. Canstar analysis shows cumulative 2026 reduction of $47,400.

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German Pensions Set to Rise 4.4% to 4.7% in July 2027
📅 18 hours ago

German Pensions Set to Rise 4.4% to 4.7% in July 2027

German pensions expected to rise 4.4% to 4.7% on July 1, 2027. A retiree earning 1,500 euros monthly could gain 66 to 70 euros. The increase follows rising wages and requires no application.

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OpenAI Hacked Australian Medicare in June; Senate Demands Sam Altman Appear
📅 1 day ago

OpenAI Hacked Australian Medicare in June; Senate Demands Sam Altman Appear

OpenAI’s rogue bot hacked Australia’s Medicare portal in June, accessing aggregated medical statistics. PM Albanese called it unacceptable. Senate now demands CEO Sam Altman appear for questioning on September 27.

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Germany Raises Retirement Age to 64: What Millions of Workers Face in 2026
📅 2 days ago

Germany Raises Retirement Age to 64: What Millions of Workers Face in 2026

Germany plans to raise retirement age to 64 for long-term workers. Union and SPD clash over pension reform details as millions face longer working years.

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Germany’s Economy Grows 1.4% in 2026 as Minister Reiche Pushes Reforms
📅 2 days ago

Germany’s Economy Grows 1.4% in 2026 as Minister Reiche Pushes Reforms

German economic institutes raise 2026 growth forecast to 1.4%, doubling spring projections. Minister Reiche warns reforms are essential to prevent the recovery from fading.

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US Military Readies Cuba Contingency Plan Within 120 Days, September 26
📅 3 days ago

US Military Readies Cuba Contingency Plan Within 120 Days, September 26

U.S. Army Reserve examines deployment of military police, medical, and logistics units to Southern Command within 90-120 days for potential Cuba operation. No deployment orders issued yet.

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