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Canberra's green bank has invested $100 million in AXA Investment Managers Alternatives' build-to-rent strategy providing affordable homes for essential workers.

Stellan Capital, a national private wealth management firm, has appointed a new chief executive.

Despite a turbulent 2024, the prospect of more accommodating monetary and regulatory policies has turbocharged an up and to the right trend that's flattered many asset managers' businesses. However, themes that will shape the industry now, and in the years ahead, are emerging, according to Oliver Wyman.

Employment rose by 56,000 people in December, smashing expectations, but the unemployment rate still edged up slightly.