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Showing 221 - 230 of 9141 results for "Broad"

IMF downgrades Australian outlook

ELIZA BAVIN  |  THURSDAY, 9 JUL 2026
The International Monetary Fund (IMF) has downgraded the growth forecast for Australia from 2% to 1.9% in its latest World Economic Outlook. This comes as Reserve Bank of Australia (RBA) assistant governor Sarah Hunter hinted to the Australian Conference ...

HESTA executive jumps ship to Cbus

VINNY VUCAGO  |  WEDNESDAY, 8 JUL 2026
A C-suite executive from HESTA has taken on a new role as chief member officer at Cbus, effective October. HESTA confirmed chief engagement and growth officer Joshua Parisotto will depart after more than six years with the fund. Parisotto first joined ...

Future Generation returns top 20%

VINNY VUCAGO  |  WEDNESDAY, 8 JUL 2026
Future Generation Australia has increased its fully franked interim dividend after it delivered a 20.1% total shareholder return over the past year. The company lifted its interim dividend to 3.8 cents per share, fully franked, taking the annualised ...

Netwealth expands Morgan Stanley mandate

KARREN VERGARA  |  TUESDAY, 7 JUL 2026
Amid expanding its stockbroking and private wealth capabilities, Netwealth has been picked by Morgan Stanley to provide a platform solution to its Australian wealth business. The new agreement will see Netwealth cater to Morgan Stanley's ASX-listed ...

Global concentration risks to reorient investors: JBWere

RIDDHIMA TALWANI  |  MONDAY, 6 JUL 2026
A rising concentration risk across global and local equities is reorienting investors to income stocks and fixed income exposure, JBWere said. JBWere head of asset allocation and portfolio management Glen Bertram noted there is really just the single ...

Retirement confidence slides in Australia

VINNY VUCAGO  |  MONDAY, 6 JUL 2026
Australians are feeling less confident about retirement, with retiree confidence and pre-retirement preparedness falling sharply over the past six months. New research from Brighter Super found cost-of-living pressures, market volatility and global ...

Australia welcomes 25k to millionaires' club: UBS

KARREN VERGARA  |  MONDAY, 6 JUL 2026
Australia's club of millionaires jumped by 25,000 last year thanks to booming property values and fat superannuation balances, according to the latest UBS Global Wealth Report. The number of Australian millionaires increased by 1.6% over the year ...

Natixis IM appoints head of wholesale distribution

VINNY VUCAGO  |  MONDAY, 6 JUL 2026
Natixis Investment Managers (Natixis IM) Australia has appointed former Yarra Capital Management executive Rommel Hacopian as head of wholesale distribution. The new hire comes as the global asset manager ramps up its expansion plans in Australia, including ...

ASIC cancels AFSL of Capital Guard over fake bond sale

ELIZA BAVIN  |  FRIDAY, 3 JUL 2026
ASIC has cancelled the Australian Financial Services Licence (AFSL) of Capital Guard after finding that it had engaged in dishonest conduct, including the selling of a fake bond and providing false documents to its auditor. ASIC said the licence was ...

Financial services CSLR Levy hits $198m

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
The Compensation Scheme of Last Resort (CSLR) has increased the estimated FY27 levy to be paid by the financial services sector to $198.1 million, a $60.7 million increase from its initial estimate announced in November 2025. The latest update expects ...