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Showing 11 - 20 of 4439 results for "Press"

Intergenerational Report looks to AI to buoy productivity slump

KARREN VERGARA  |  TUESDAY, 22 SEP 2026
Australia's economy will continue to stagnate over the next 40 years, growing at just 2% annually, according to the latest Intergenerational Report (IGR), which points to the artificial intelligence (AI) revolution to buoy sagging productivity. Treasury ...

'Beyond warnings': ASIC to come down heavy on private credit

RIDDHIMA TALWANI  |  TUESDAY, 22 SEP 2026
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 ...

Fed's rate hike exacerbates Australia's outlook

MATTHEW WAI  |  THURSDAY, 17 SEP 2026
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 ...

UniSuper hires former TelstraSuper's head of retirement

MATTHEW WAI  |  WEDNESDAY, 16 SEP 2026
... the Delivering Better Financial Outcomes (DBFO) reforms, to APRA-regulated super funds and life insurers during a National Press Club announcement last month. The government will review the implemented measures in three years to determine whether it ...

Antipodes Partners acquires Bennelong FM

RIDDHIMA TALWANI  |  WEDNESDAY, 16 SEP 2026
Antipodes Partners will acquire Bennelong Funds Management from Bangarra Group, which includes investment affiliates Quay Global Investors, Bennelong Long Short Equity Management (BLSEM), Bennelong Australian Equity Partners and Skerryvore Asset Management. ...

Asset managers turn to outsourcing, AI: Survey

VINNY VUCAGO  |  WEDNESDAY, 16 SEP 2026
Global asset managers are sharpening their focus on core capabilities, increasing their use of outsourcing and tightening cost controls as they pursue more disciplined growth, according to a new Northern Trust survey. The Driving Growth in Asset Management ...

Regulatory reform omnibus bill passage trims CSLR levy disallowance period, payouts

KARREN VERGARA  |  TUESDAY, 15 SEP 2026
The passage of Regulatory Reform Omnibus Bill 2026 overnight will amend how levies are collected under the Compensation Scheme of Last Resort (CSLR) and pay compensation to eligible victims more quickly. The package of reforms was passed by both houses ...

Mining, property fuel Aussie billionaires' wealth

KARREN VERGARA  |  MONDAY, 14 SEP 2026
Australian billionaires' riches are highly concentrated in mining, financial services, technology and property, accounting for 0.7% of the total US$15.1 trillion in global wealth studied by the 2026 Billionaire Census. Global wealth intelligence ...

FEATURE | Digital advice | Interlocking the pieces

MATTHEW WAI  |  MONDAY, 14 SEP 2026
Amid a rapidly evolving regulatory space, and the need to keep pace with innovation, financial advice has been thrown into a dynamic environment that's always changing. As a result, the sector requires constant support to remain compliant and keep ...

ECB hikes rates, economists expect RBA might be next

RIDDHIMA TALWANI  |  FRIDAY, 11 SEP 2026
The European Central Bank (ECB) has raised the interest rates on the deposit facility by 25 basis points to 2.5%, in a bid to stabilise inflation at its 2% target in the medium term, as conflicts in the Middle East continue to generate inflation pressures. ...