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RBA delivers 'cautious' cut, road ahead unclear

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
... further cuts along the lines that the market is currently pricing will occur". These statements have experts split on when the next rate cut will be delivered. HSBC chief economist Paul Bloxham believes it will be quite some time until the central bank ...

Future Generation appoints chief investment officer

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
... "significant investment and distribution muscle" to Future Generation's operations and will "elevate our growth strategy to the next level." "His understanding of listed equities, extensive industry knowledge and relationships will help boost Future ...

HMC Capital boosts AUM by 45% to $19bn

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
... December to $18.5 billion. At the rate it is going, the alternatives fund manager expects to double AUM to $50 billion over the next three to five years. HMC operates in private equity, private credit, real estate, digital infrastructure, and in the ...

Why the RBA should not cut rates

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... outbreak," she said. "If we don't bring inflation all the way back to 2.5% and hold it there for a period of time, the next time inflation pops higher, inflation expectations will rise, we'd likely experience a wage price spiral, and we'd ...

Platforms placate fee consent ordeal: SuitabilityHub

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... activities. "This features a graph, which is very simple but powerful, that shows how many fee consents are due over the next month and [beyond]," Peker said. HUB24 has also built fee templates based on the category of fees clients pay. For upcoming ...

Economist calls for 35bps rate cut

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... Jerome] Powell has only seen credibility continue to erode, facing dissent at the December FOMC meeting," Solomon said. "Next steps are incumbent on global events - and Australia is lucky to be outside the crosshairs of impactful tariffs. In terms of ...

Iress creates dedicated customer role

MATTHEW WAI  |  MONDAY, 17 FEB 2025
... of Count Financial at Count, a client of Iress, and will bring over 20 years' experience to the position when he joins next month. He has worked in banking, wealth management, technology and financial advice. Prior to Count, Webb spent over 12 years ...

Australian Retirement Trust, Qantas Super set merger date

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... years," Atkin said. "Though it is bittersweet to close this chapter in Qantas Super's history, we look forward to seeing the next chapter unfold as ART helps our members prepare for and live their retirement dreams."

Advisers must improve public awareness to win Australians' trust: Report

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... "Artificial intelligence can now be used to keep records of conversations and create reminders about recent client events. At the next meeting, the adviser can remember to ask about a child's recent birthday party or the family pet's operation." The ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... said. "My real concern is the huge number of people that find themselves in the same position and don't know where to turn next. As a result of the additional stress it causes during such an emotional time, some give up, as the family I was helping was ...