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| | | Scientiam has partnered with DASH Technology Group to launch a transition service that assists advisers in getting their C and D clients out of underperforming funds. The Scientiam Transition Service, available at no cost until the end of the year ... |
| | | | At the Reserve Bank of Australia (RBA) board dinner, governor Phillip Lowe expressed that interest rates will need to go higher to bring inflation back to target. After a seventh straight rate rise, whereby the bank lifted the interest rate to 2.85% ... |
| | | | After surging 28.6% between the pandemic low in September 2020 to a high in April, national property prices have fallen 6%, said AMP chief economist Shane Oliver. "The key drivers of the downturn remain: poor affordability, rising mortgage rates, some ... |
| | | | Reserve Bank of Australia (RBA) commentary sometimes infers that Australia's inflation circumstances are different or less challenging than elsewhere in the developed country complex, but GSFM investment strategist Stephen Miller believes that any "difference" ... |
| | | | The Future Fund produced a return of -0.6% for the first quarter of the financial year, while developed listed markets fell 5.2%. The sovereign wealth fund's assets under management (AUM) are now $193 billion, falling by $1.25 billion over the quarter. ... |
| | | | ... services, including fund administration, investor services, Australia tax management, and Foreign Account Tax Compliance Act (FACTA/CRS) reporting. The fund aims to generate consistent risk-adjusted returns investing across currencies, fixed income ... |
| | | | ANZ has been ordered to pay a $25 million penalty for failing to provide banking customers with promised benefits for about two decades. The Breakfree package was introduced in 2003 and was offered with several ANZ products including home loans, credit ... |
| | | | The government has blamed its predecessor for inheriting a budget burdened by $1 trillion in gross debt and deficits projected for at least the next decade. Consequently, new fiscal policies have largely been offset for this year and the next. "We face ... |
| | | | The government has announced a suite of measures aimed at narrowing the gender pay gap, including requiring the Fair Work Commission to consider gender equity when formulating minimum wages. According to Budget documents, this year marks the first that ... |
| | | | ... their relevant obligations under their AFSLs and pursuant to the Market Integrity Rules and consequently, the Corporations Act (and additionally for CommSec, the ASIC Act)," the presiding Justice Abraham said. "The conduct is properly characterised as ... |
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