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| | | ... index came in at US$67.7 billion ($100.5bn), up from US$66.3 billion ($98.5bn) in 2024, with revenue rising 0.4% in US dollar terms. "Profits in the key mining and energy sectors were lower year-on-year, while banking profits were impacted by a combination ... |
| | | | HUB24 is in the process of acquiring of one of EQT Holdings' trustee business, HTFS Nominees, as the platform reports a bump in funds under administration (FUA) to $152.3 billion. HTFS Nominees became trustee of HUB24 Super in 2020, replacing Diversa ... |
| | | | The average Australian billionaires' wealth grew by almost $600,000 a day in the past year, or over $10.5 billion collectively, Oxfam research found. Globally, billionaire wealth jumped by over 16% in 2025, three times faster than the past five-year ... |
| | | | ... currency-hedged exposures, reflecting a heightened focus on managing currency risk. Global X ETF noted that the Australian dollar delivered its strongest performance against the US dollar in more than five years. "In this environment, investors may be ... |
| | | | ... credibility everywhere," Green said. "Financial systems operate on trust in institutions. The Fed anchors that trust for the dollar, for global bond markets, for equity valuations and for cross-border investment flows. "When legal pressure appears alongside ... |
| | | | ... knock-on effect to gold prices amidst heightened geopolitical risks and currencies because of what it may mean for the US dollar (and the trustworthiness of US assets), and equities because of risk appetite." Rodda said there is also two-sided risks ... |
| | | | ... growth exposure. Information technology fell by 25.4% and healthcare fell by 19.0% amid firmer commodities and a softer US dollar. Overall, material stocks performed the best, surging to 31.71% while healthcare stocks plummeted by 24.91%, making it the ... |
| | | | ... will be removed for those members who were solely invested in First Guardian. And, as of January 1, the standard fixed dollar fee has been waived in recognition that "FGMF investments are currently frozen and their value is uncertain". It comes as the ... |
| | | | ... by identifying an additional $20 billion in savings and reprioritisations, limiting spending growth and returning every dollar of tax receipt upgrades to the budget. For the first time in eight years, net policy decisions in this MYEFO are positive ... |
| | | | ... consider." Super Members Council (SMC) spoke out against the decision to force the super sector to help foot the multi-million-dollar CSLR bill. It said the CSLR was created to compensate victims of financial misconduct as a last resort after all other ... |
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