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| | | While Australian investors breathed a resounding sigh of relief when US President Donald Trump binned section 899 of the One Big Beautiful Bill Act (OBBBA), local multinationals, however, were lumped with grave uncertainties surrounding the global Pillar ... |
| | | | Betashares is acquiring managed accounts business InvestSense to create Trellia Wealth Partners out of the deal. Trellia will have about $8 billion in funds under management and will operate as a standalone business, of which Betashares will contribute ... |
| | | | Treasurer Jim Chalmers has released an updated Statement on the Conduct of Monetary Policy (SCMP) and the first Statement of Expectations for the Reserve Bank of Australia's (RBA) governance board. Chalmers said the RBA Monetary Policy Board formally ... |
| | | | Praemium's administration solution Scope+ has been selected by Bell Financial Group to administer more than 2200 client portfolios. The partnership will see Praemium's funds under administration (FUA) grow by $6 billion to around $68 billion ... |
| | | | The Reserve Bank of Australia (RBA) kept interest rates on hold at 3.85% at the July meeting, surprising many experts and the markets which were anticipating another cut. The RBA board confirmed that inflation has continued to moderate but ultimately ... |
| | | | Shine Lawyers filed a class action against AMP this week alleging AMP Superannuation has slugged investors with excessive insurance fees. Shine Lawyers confirmed the class action has been filed in the Federal Court of Victoria on behalf of hundreds ... |
| | | | Drummond Capital Partners has promoted Adele O'Shannassy to the role, acknowledging her growing leadership within the firm's investment team. O'Shannassy will lead research across asset classes, supporting portfolio construction and strategy ... |
| | | | Queensland-based industry super fund BUSSQ, which has ties to the scandal-plagued Construction, Forestry, Maritime, Mining, and Energy Union (CFMEU) through its board, emerged largely unscathed from an independent report by KPMG. BUSSQ was hit with ... |
| | | | Daily financial news can better predict stock market volatility and deliver more accurate signals about risk than backward-looking macroeconomic data, a new study suggests. University of Auckland finance lecturer Justin J. Case and Queensland University ... |
| | | | AMP North has partnered with BlackRock and Lonsec to launch a model portfolio offering. North introduced its "market first" 'Blend' capability today, which enables advice practices to customise assets within model portfolios. The latest model portfolios ... |
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