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| | | The monetary policy board of the Reserve Bank of Australia (RBA) unanimously agreed to increase the interest rate by 25 basis points to 4.6%, the highest level since 2011. The RBA said the hike was a result of inflation remaining "elevated" and risks ... |
| | | | When integrated advice drives practice growth Many financial advisers aspire to provide genuinely integrated advice, but finding ways to support more clients without increasing operational demands remains a challenge. As they re-evaluate where they ... |
| | | | The corporate regulator has urged the private credit sector to uplift standards, noting participants should prepare for enforcement action if they fail to do so. ASIC commissioner Simone Constant said the regulator is now "beyond warnings" and pushed ... |
| | | | The Federal Reserve has lifted its interest rate for the first time in more than three years, contributing to the ongoing adversity the global economy is facing, especially in Australia. The Fed has called a rate hike overnight, increasing the interest ... |
| | | | Willis, a WTW business, has appointed a head of corporate for Australia to lead its property and casualty business across Australia. Will Sare has stepped into the role, transitioning from his former position as head of sales for the Pacific where he ... |
| | | | IFM Investors has opened its first office in Singapore to capture growth opportunities in a region "under allocated" by institutional investors. The organisation said the Singaporean presence reinforces its long-term commitment to the region and positions ... |
| | | | Consider a situation where a financial adviser believes an investment is no longer suitable for their clients. Perhaps a fund manager is underperforming or a stock held directly by clients needs to be sold. In the past, advisers would often have to ... |
| | | | Centuria Capital will be led solely by Jason Huljich from November 27, who will take the role of group chief executive, after joint chief executive John McBain decided to step down from the role, which will also come into effect on the same date. Centuria ... |
| | | | Westfield Mt Gravatt from Scentre Group for $882.5 million, in what is expected to be Australia's largest single-asset retail transaction this year. The deal, which remains subject to Australian Competition and Consumer Commission clearance, expands ... |
| | | | The Australian Wealth Advisors Group (AWAG) has reported a net profit after tax (NPAT) of $689,166 in the financial year ending June 30, down by some $360,000 compared to FY25. Revenue was also down 1.9% to $11.2 million, as AWAG explained the results ... |
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