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Mulino sits on Tranche 2 for now, grapples with complexity

KARREN VERGARA  |  WEDNESDAY, 30 JUL 2025
Minister for financial services Daniel Mulino says releasing the next exposure draft for the "complex" second tranche of Delivering Better Financial Outcomes (DBFO) reforms is a top priority, but the financial advice sector should not expect it anytime ...

RBA cut all but certain: Experts

ELIZA BAVIN  |  WEDNESDAY, 30 JUL 2025
... quarter. "Trimmed mean annual inflation was 2.7% to the June quarter, down from 2.9% to the March quarter." With inflation now well and truly within the Reserve Bank of Australia's (RBA) target range of 2-3%, KPMG chief economist Brendan Rynne said there ...

T. Rowe Price brings research equity strategy down under

MATTHEW WAI  |  WEDNESDAY, 30 JUL 2025
... Australian Unit Trust solutions. T. Rowe Price head of Australia and New Zealand Darren Hall said Australian investors will now be able to leverage the firm's bottom-up fundamental research capabilities. "The Global Structured Research Equity Strategy ...

Special feature: Shaping private markets

ELIZABETH FRY  |  TUESDAY, 29 JUL 2025
... scrutiny over their rapid shift into private markets, as concerns grow about transparency, valuations and liquidity in a sector now absorbing more than 70 cents of every new dollar flowing into pensions. The surge into unlisted assets-from limited partnerships ...

Advisers overlook hype, embed AI in practice: Investment Trends

KARREN VERGARA  |  TUESDAY, 29 JUL 2025
... as well as complex functions, a new Investment Trends survey found. In the latest Adviser Technology Needs Report, many are now embedding AI in workflow-aligned tools to support more complex functions such as strategy development (62%) and meeting preparation ...

American Century cuts US outlook amid tariff impacts

MATTHEW WAI  |  TUESDAY, 29 JUL 2025
... portfolio of 60% global stocks/40% global bonds (with the US representing 60% of both asset classes) for the next five years now stands at 6.04%, down from 6.40% in last year's medium-term outlook," Weiss added. Additionally, MFS Investment Management ...

Economic growth has 'moderated': CommSec

ELIZA BAVIN  |  MONDAY, 28 JUL 2025
... second from fourth after a strong start to 2025, with a pickup in consumer spending and business investment. South Australia now leads other economies on dwelling starts and construction work done, lifting from second spot in the previous quarter. Queensland ...

Brighter Super awards $50m mandate

MATTHEW WAI  |  MONDAY, 28 JUL 2025
... exceptional founders to create over 1300 jobs building real-world solutions within a thriving, sustainable ecosystem," Rampa said. "Now, leveraging this capability and a dedicated local team, QIC is proud to manage this mandate on behalf of, and for ...

ASX updates waiver disclosure rules

KARREN VERGARA  |  MONDAY, 28 JUL 2025
ASX-listed entities granted a waiver are now required to disclose its nature and effect as the exchange aims to provide investors with greater transparency. ASX companies must also disclose the reasons for seeking the waiver within one business day ...

Law firm eyes First Guardian, Shield class action

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025
... particularly concerned for investors in First Guardian Master Fund, as FTI Consulting - the liquidators for First Guardian - have now confirmed that they expect 'a substantial shortfall of recoverable assets."