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| | | Clime Investment Management is recalibrating to become a full-service private wealth business, anticipating a rise in advisory fee revenues as it contends with a decline in funds under management (FUM). Last week, the ASX-listed wealth company reported ... |
| | | | The Australian Bureau of Statistics (ABS) released consumer price index data yesterday, showing a moderation in annual inflation from 6% to 5.4%. However, inflation climbed 1.2% in the September quarter, outpacing the 0.8% increase in June, prompting ... |
| | | | The number of life insurance complaints may have declined 24% in the 2023 financial year, but policyholders continue to complain about claims-handling delays and insurers peddling misleading information. According to the Australian Financial Complaints ... |
| | | | After 17 months in the top job, David George has relinquished his positions as Magellan Financial Group chief executive and managing director, effective immediately. Magellan's board said it is the right moment to redirect their leadership and thanked ... |
| | | | Australian farmland values have reached an inflection point in 2023 following a sustained period of strong growth, according to Rural Bank's latest report. In collaboration with Digital Agricultural Services (DAS), Rural Bank's Australian Farmland Values ... |
| | | | Superannuation bequest reform enabling Australians to channel unspent funds to a nominated charity tax-free upon death, could boost charitable giving by up to $21.9 billion annually by 2060. A report by Impact Economics and Policy, commissioned by Philanthropy ... |
| | | | Pepper Money has introduced a new offering, providing loans to self-managed superannuation funds (SMSFs) to purchase or refinance residential and commercial properties. With lending options up to $3 million, the 'super smart' loans are designed for ... |
| | | | Blackwattle Investment Partners (Blackwattle) will take over responsibility of the Watermark Absolute Return Fund (WARF) following the retirement of its founder, Justin Braitling. The independent fund manager is already well acquainted with Blackwattle ... |
| | | | Three actively managed Australian share funds from BlackRock, Yarra Capital Management, and Platypus Asset Management have shuttered in recent weeks. The Platypus Systematic Growth Fund, which invests in up to 110 local equities, is shuttering after ... |
| | | | Federal Reserve chair Jerome Powell has repeated the commitment to reducing inflation to 2% and maintaining a restrictive policy until this goal is reached. In a speech on Thursday, Powell told the Economic Club of New York that the September inflation ... |
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