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Showing 51 - 60 of 4441 results for "Press"

S&P reaffirms Australia's AAA credit rating

VINNY VUCAGO  |  FRIDAY, 7 AUG 2026
Australia has retained its AAA sovereign credit rating form S&P Global, with the ratings agency citing the nations sound fiscal position, modest public debt and strong institutional settings despite heightened global uncertainty. S&P reaffirmed the ...

IFS recovers record $250m in unpaid super

RIDDHIMA TALWANI  |  FRIDAY, 7 AUG 2026
Industry Fund Services (IFS) has recovered a record $250 million in unpaid superannuation in the 2025-26 financial year, bringing its total recoveries to $2.5 billion since the service commenced. This comes just a month after the Payday Super reform ...

BlackRock urgers broader diversification

VINNY VUCAGO  |  WEDNESDAY, 5 AUG 2026
BlackRock is urging financial advisers to move beyond traditional approaches to diversification, arguing heightened geopolitical uncertainty, artificial intelligence (AI) and structural economic shifts require more dynamic portfolio construction. Speaking ...

Nesta pulls $247m mandate from Northern Trust over climate stance

VINNY VUCAGO  |  FRIDAY, 31 JUL 2026
UK research and innovation foundation Nesta Trust has transferred £120 million ($247 million) of assets from Northern Trust Asset Management to Amundi after the US manager withdrew from major global climate initiatives, highlighting the growing commercial ...

Mixed inflation data keeps August RBA meeting a 'live' one

RIDDHIMA TALWANI  |  WEDNESDAY, 29 JUL 2026
Australia's Consumer Price Index (CPI) rose 3.8% in the 12 months to June, down from 4% in the 12 months to May 2026, according to the Australian Bureau of Statistics (ABS). Housing came out to be the largest contributor to annual inflation for ...

Trump slugs Australia with new 'forced-labour' tariffs

KARREN VERGARA  |  FRIDAY, 24 JUL 2026
US President Donald Trump will slug trading partners, including Australia, with new tariffs of 10% to 12.5% on the premise of pressuring foreign governments to strengthen bans on "the importation of goods produced with forced labour." Australia is listed ...

Middle East conflict, inflation continues to weigh on confidence

MATTHEW WAI  |  WEDNESDAY, 22 JUL 2026
Although consumer confidence has increased slightly according to ANZ's index, weaker personal finance and the economic outlook continue to halt confidence. The ANZ-Roy Morgan Australian Consumer Confidence index rose just 0.3 points to 75.6 in the week ...

FEATURE | Platforms | The investment supermarket

RIDDHIMA TALWANI  |  TUESDAY, 21 JUL 2026
... have alignment between the trustee and the platform to look after the member, pointing to her direct line with Danielle Press, the independent non-executive chair of the board of IOOF Investment Management, MLC Expand's trustee. Both firms sit under ...

HSBC appoints structured finance chief

VINNY VUCAGO  |  TUESDAY, 21 JUL 2026
HSBC Australia and New Zealand have appointed a former Deutsche Bank executive as head of structured finance. Preethi Visweswara will take on the role tasked with bolstering its corporate and institutional banking business following a record year of ...

Family businesses turn to external chief executives: Deloitte

RIDDHIMA TALWANI  |  TUESDAY, 21 JUL 2026
While family members will largely remain at the helm of family businesses post-succession, a Deloitte Private report anticipates a meaningful shift globally, with more businesses preferring outside professionals to step into the chief executive roles. ...