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| | | ... inflation has increased since December 2022." KPMG chief economist Brendan Rynne said the inflation read means the Reserve Bank of Australia (RBA) is likely to hold off on an interest rate cut next week. "We knew there was going to be an uptick in inflation ... |
| | | | ... rejected by other financial actors for not credibly assessing physical risks", the filing states. Critics have included Norges Bank Investment Management, the largest sovereign wealth fund, it notes. It also claims the fund has failed to appropriately ... |
| | | | ... had a severe public debt problem for some time, with its main creditors being the International Monetary Fund and the World Bank. This was accrued on the back of rising inflation, high interest rates, floods and uncertainty resulting in protests and ... |
| | | | Stronger balance sheets and lower interest rates are among the main drivers of renewed momentum in mergers and acquisitions (M&A), according to new research. Momentum is building again after a period of relative pause, Deloitte's The Deal in Focus ... |
| | | | The Australian Prudential Regulation Authority (APRA) has provided an update on its consultation to modernise the prudential framework on governance for superannuation trustees, banks and insurers. In March, APRA proposed eight measures to update its ... |
| | | | Major players in alternatives and real assets are reshuffling their ranks, with asset consultants, super funds and investment managers all announcing new hires and promotions. AustralianSuper confirmed that head of mid-risk portfolios Jason Peasley ... |
| | | | The Australian Financial Complaints Authority's (AFCA) annual review shows that in FY25, and for the second consecutive year, more than 100,000 complaints were lodged. In investments and advice, large scale collapses in the financial advice industry ... |
| | | | The industry super fund is on the lookout for a new chief executive following the resignation of Scott Cameron. Cameron has led Equip Super for six years, taking over when Equip entered a joint venture with Catholic Super to operate under the Togethr ... |
| | | | Commonwealth Bank (CBA) chief economist Luke Yeaman has warned investors that the world has entered a "new economic era" where the rules are "very different", in his most recent economic update. "Things that have been disdained in recent decades are ... |
| | | | ... also served as chief risk officer at Colonial First State (CFS) for two years following the separation from Commonwealth Bank and sale to private equity firm Kohlberg Kravis Roberts (KKR). McMurdo said: "I'm delighted that Anthony will be joining our ... |
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