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| | | Analysts warn that the first six months of 2023 will be the toughest for financial markets but expect more positive momentum by the end of the year. According to Fidelity International's annual analyst survey, over the next 12 months, debt defaults ... |
| | | | Macquarie Group has attributed strong FY23 earnings to varied market conditions and diversity in its activities. Reporting to the ASIX, the group said net profit after tax (NPAT) for the three months to 31 December 2022 (3Q23) was "slightly" up on the ... |
| | | | The associations have combined to offer CFPs an express pathway for completing the SMSF Specialist Advisor designation. The express pathway will be available to FPA members holding the Certified Financial Planner (CFP) designation, who will be exempt ... |
| | | | Ethical, responsible and sustainability themed ETFs crossed $9.2 billion in funds under management by the end of 2022, according to Betashares. Betashares says that by the end of 22, there were 52 ethical, responsible and sustainability-themed ETFs. ... |
| | | | The official Consumer Price Index jumped 1.9% in the December 2022 quarter, rising to the highest annual rate of inflation in over 30 years. The figures were released by the Australian Bureau of Statistics (ABS) today and mark the fourth consecutive ... |
| | | | AMP said impairment charges totaling a cool $68 million post-tax will see its 2022 statutory profits take a hit. The financial services giant expects the impairments, which amount to $94 million pre-tax, to be recognised in its FY22 results. The charges ... |
| | | | In an ASX announcement, Generation Development Group (GDG) has reported negative quarterly gross inflows, down 38% on the period prior. GDG's net inflows were $59 million in the December quarter. The business also had $114 million sales inflows. GDG ... |
| | | | While the risk of recession is high, its likely to be avoided down under, according to AMP head of investment strategy and chief economist Shane Oliver. According to Oliver, a slump in consumer spending (thanks to rate hikes, cost of living pressures ... |
| | | | Four people have been jailed in the UK over a $37 million fraud carried out on an Australian cryptocurrency exchange five years ago. The UK's Crime Prosecution Service (CPS) said Stephen William Boys, Kelly Caton, Jordan Kane Robinson and James Austin-Beddoes ... |
| | | | Berkshire Hathaway has renewed its whole of account quota share (WAQS) agreement with Insurance Australia Group (IAG) but ceased its strategic relationship and equity ownership. The renewed terms with National Indemnity Company (NICO), a subsidiary ... |
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