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Showing 241 - 250 of 3835 results for "Read"

Why the RBA should not cut rates

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... me, I think we would just hold here, just for another three months, get one more round of data, get a little bit more of a read on the labor market, a little bit more confidence that [the RBA] has really done enough. Policy is not that restrictive. "It's ...

Centaur goes self-licensed, appoints former dealer group head

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
Financial planning firm Centaur Financial Services has moved to its own AFSL and made a key hire in the process. Since 2015, Centaur has operated under a co-op licence with RFS Advice, Evalesco, and Guide Financial to reduce costs. However, Centaur ...

Senate calls to overhaul super fund boards

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
The Senate Economics Committee has released its third interim report as part of the inquiry into Australia's retirement system. Senate Economics Committee chair Senator Andrew Bragg said the third report is focused around the "shocking governance ...

High-profile stockpicker hires from WTW

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
A WTW operative has landed at high-profile stockpicker Geoff Wilson's Sydney-based fund manager which invests more than $6 billion on behalf of retail and wholesale investors. Nick Kelly has joined Wilson Asset Management as the portfolio manager ...

ASX reports 'record' revenue for 1H25, lags in listings

MATTHEW WAI  |  THURSDAY, 13 FEB 2025
The Australian Securities Exchange (ASX) has reported record operating revenue for its half-year result ending 31 December 2024. Following a turnaround year, the exchange saw its operating revenue surge 5.9% to $541.9 million from the previous corresponding ...

Finance workers worry about job displacement from AI, government urged to take action

KARREN VERGARA  |  WEDNESDAY, 12 FEB 2025
... displacement is expected to become more likely, in particular for disenfranchised and low-skilled workforces," the report read. "There are also concerns that AI and automated decision making (ADM) systems may affect people seeking entry-level roles. ...

Investment down as uncertainty rises

ELIZA BAVIN  |  FRIDAY, 7 FEB 2025
The outlook for business investment has deteriorated over the past year, according to the quarterly Investment Monitor report by Deloitte Access Economics. "The slowdown in the Australian economy has hit business revenues. This has particularly been ...

ASIC initiates ASX outage probe

JAMIE WILLIAMSON  |  MONDAY, 3 FEB 2025
... assign insufficient memory to handle the number of users in Batch Settlement for that day," the ASX's Incident Review report read. At the time, ASIC said it was "deeply disappointed by the incident and the impact it had on the market" and that the ASX ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
Treasurer Jim Chalmers has boasted about Labor's policies after the latest CPI reading from the Australian Bureau of Statistics (ABS) reported underlying inflation was now at its lowest point in three years. "Our headline inflation is now lower than ...

Minimum service standards for super funds welcomed

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
Treasurer Jim Chalmers and Assistant Treasurer Stephen Jones announced new mandatory minimum service standards for all large APRA-regulated superannuation funds. Chalmers said the reforms will improve member outcomes and how funds engage with their ...