Down, down, dollar down

ASIC has called for stronger scrutiny of unlisted investments after finding persistent weakness in how some superannuation funds and auditors assess asset valuations, raising concerns about the accuracy of members' retirement balances.

The International Monetary Fund (IMF) has projected Australia's inflation to ease to 3.1% in 2027 from 3.9% this year, leaving it outside the Reserve Bank of Australia's (RBA) target range of 2% to 3%.

Treasury is consulting on extending the powers of the Australian Taxation Office (ATO) to strengthen its response to financial abuse.

Longwave Capital Partners has launched an actively managed exchange traded fund on the ASX, giving investors listed access to its Australian small-cap strategy as the boutique targets opportunities beyond the large-cap market.