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Australia's budget position ranks second among G20 nations

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... 2021, according to the International Monetary Fund (IMF). Australia's budget balance was -0.9% of GDP in 2023, surpassing advanced economies like Germany, Japan, the United Kingdom, and the United States. Treasurer Jim Chalmers and minister for finance ...

Advanced ETP portfolios come at higher cost, complexity

ANDREW MCKEAN  |  THURSDAY, 14 MAR 2024
Investors can opt for a more advanced portfolio of exchange-traded products (ETPs), but this comes with increased fees and complexity. According to Rainmaker Information, constructing a balanced portfolio with intermediate ETPs, which target systemic ...

Online investor participation declines

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... levels registered since May 2021," Guiamatsia said. Among online investors, half categorise themselves as either novice or advanced beginners. Delving into their investment choices, 30% have most recently allocated funds to small-cap stocks, primarily ...

Aware Super appoints head of public market equities

ANDREW MCKEAN  |  THURSDAY, 25 JAN 2024
... senior portfolio manager for systematic equities, confirmed Alvin Chan as portfolio manager for direct equities, and advanced Bruce Low to portfolio manager. "I'm excited to be relocating back to Australia to join one of the nation's leading ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... cash rate by 4.25% since May 2022, a measure that, while substantial, is comparatively moderate compared to some other advanced economies. "Executive directors commended Australia's sound macroeconomic policies which ensured strong recovery and resilience," ...

SimCorp names new country manager for Australia

ANDREW MCKEAN  |  TUESDAY, 16 JAN 2024
... activity and operational efficiency, presenting "promising opportunities" for technology providers. Cotroneo noted that advanced technology and data are becoming crucial in supporting larger funds, predicting more strategic conversations about target ...

ASX selected to develop local carbon exchange

RACHEL ALEMBAKIS  |  FRIDAY, 12 JAN 2024
... Group to develop and deliver a unit and certificate register. "Trovio Group brings a wealth of experience delivering advanced technology architecture," CER executive general manager Mark Williamson said. "Its proposal for the Unit & Certificate Register ...

Interest rate hikes are working: Bullock

KARREN VERGARA  |  TUESDAY, 21 NOV 2023
... declines it can stay volatile. "Inflation is coming down, as we've said, right around the world, and it's a bit more advanced in a sense, in the US and Europe... But we've got this backdrop now of a whole lot of inflationary headwinds," Arndt ...

Aussie investors optimistic about returns

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
In the face of increasing inflation and global uncertainty, local investors expect positive returns in the coming year, according to Schroders' Global Investor Study 2023. Conducted between May 26 and July 31, the study surveyed over 23,950 investors ...

Mass-affluent population key to insurer sustainability: Report

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
... flexible support from life insurers. More than 75% want innovative life products, but today, only 27% of insurers have advanced development capabilities." It said insurers must look to develop innovative products and processes that help consumers to ...
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