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| | | ... under custody (AUC) in Australia grew to $6.2 trillion in the first half of FY26, an increase of 8.6% on the June 2025 figure. The top five custodians by size currently are J.P. Morgan ($1.49tn), State Street ($1.08tn), Citigroup ($1.05tn), Northern ... |
| | | | ... lifestyle will require at least $54,840 a year ($1055 per week). However, respondents for Challenger's study believe the figure is actually much higher, which requires at least $70,398 or approximately $1350 per week in the same category. Mannix said ... |
| | | | The Consumer Price Index (CPI) rose 3.7% in the 12 months to February 2026, according to the Australian Bureau of Statistics (ABS). "The 3.7% annual CPI inflation to February eased slightly from the 3.8% annual CPI inflation to January," ABS head of ... |
| | | | ... Management, which has $21.9 billion in funds under advice, in a deal worth roughly $550 million. Lloyd, a high-profile figure in wealth management, has led both Perpetual Group and MLC - then National Australia Bank's wealth management division - ... |
| | | | ... that for retail investors to go into MISs often creates risks that are disproportionate to the potential gains. We need to figure out ways in which retail investors can go into MISs, but where there are sensible guardrails." Mulino also flagged lead ... |
| | | | ... 2025, representing more than 40,000 households with a reverse mortgage product. And over the 12 months to 30 June 2025, the figure was $750 million, with more than 8000 households accessing such a product for the first time. According to the survey ... |
| | | | ... Assets under custody in Australia grew to $6.2 trillion in the first half of FY26, an increase of 8.6% on the June 2025 figure, Australian Custodial Services Association data shows. In terms of individual custodians' growth, BNP Paribas' assets under ... |
| | | | The Australian economy is dealing with persistent inflation that will require two rate hikes from the Reserve Bank of Australia (RBA), according to Barrenjoey head of economic forecasts Johnathan McMenamin. Speaking on the 2026 Financial Standard Economic ... |
| | | | In the six months from 1 July 2025 to 31 December 2025, the corporate watchdog received 9686 reports of misconduct (ROMs), raising 13,036 issues, new data from ASIC shows. ASIC said the increase in ROMs was driven largely by corporate governance concerns ... |
| | | | ... fit and proper assessment of Cbus Property board member Earl Setches after he was seen dining on a yacht with underworld figure Mick Gatto last week. "The Cbus Super board has commissioned a review of the fit and proper assessment of Earl Setches, consistent ... |
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