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Showing 71 - 80 of 7067 results for "June 12"

Local custody industry surpasses $6tn milestone

JAMIE WILLIAMSON  |  FRIDAY, 6 MAR 2026
Many custodians saw double-digit growth in their assets under custody in the second half of 2025, but none more so than BNP Paribas. Assets under custody in Australia grew to $6.2 trillion in the first half of FY26, an increase of 8.6% on the June 2025 ...

ASX outlines upcoming plans to 'rebuild confidence'

MATTHEW WAI  |  MONDAY, 2 MAR 2026
The ASX submitted its Commitment Plan in response to the ASIC Inquiry Panel's Interim Report, outlining what it will focus on to transform and rebuild confidence to support its reset as Australia's critical market infrastructure. The submission is in ...

Magellan to merge with Barrenjoey for $906m

KARREN VERGARA  |  MONDAY, 2 MAR 2026
Magellan Financial Group will take its current 36% ownership in Barrenjoey Capital Partners all the way, inking a deal worth $906 million to merge the two firms. Under the new entity, Brian Benari will become the group chief executive. Sophia Rahmani ...

US and Israel strike Iran: What it means for investors

ELIZA BAVIN  |  MONDAY, 2 MAR 2026
Iran was hit by joint strikes from the United States and Israel over the weekend, after talks between the US and Iran over nuclear capabilities broke down. Iran's supreme leader Ayatollah Ali Khamenei was among those killed in the conflict, and Iran ...

Persistent inflation will mean two rate hikes from RBA: Barrenjoey

RIDDHIMA TALWANI  |  FRIDAY, 27 FEB 2026
The Australian economy is dealing with persistent inflation that will require two rate hikes from the Reserve Bank of Australia (RBA), according to Barrenjoey head of economic forecasts Johnathan McMenamin. Speaking on the 2026 Financial Standard Economic ...

GDG reports record FUM growth, eyes stronger second half

MATTHEW WAI  |  WEDNESDAY, 25 FEB 2026
Generation Development Group (GDG) saw strong returns across all its business lines in the six months to 31 December 2025, with net profit after tax growing 63% to $20.1 million in the period. The group is now targeting even better performance in the ...

Sequoia weighs InterPrac's fate, launches review

KARREN VERGARA  |  TUESDAY, 24 FEB 2026
Following the demise of the Shield and First Guardian master funds, regulatory pressure and being blacklisted from several platforms, Sequoia Financial Group is now reviewing the viability of InterPrac Financial Planning. Sequoia managing director and ...

Inflation to peak in mid-2026 before it rebalances: RBA

RIDDHIMA TALWANI  |  TUESDAY, 24 FEB 2026
The Reserve Bank of Australia (RBA) expects inflation to peak in mid-2026 and moderate to a little above the midpoint of the 2-3% range by mid-2028 as the economy returns to balance. RBA head of economic analysis department Michael Plumb struck a slightly ...

Productivity slumps again, capital injection needed

ELIZA BAVIN  |  FRIDAY, 20 FEB 2026
Multifactor productivity (MFP), the measure of how well labour and capital inputs are combined to produce outputs, declined over the 12 months to June 2025. MFP decreased by 0.5% over 2024-25, below the 20-year average of 0.4% growth per year and well ...

DigiCo REIT sees revenue lift

ELIZA BAVIN  |  FRIDAY, 20 FEB 2026
HMC Capital's real estate investment trust, the DigiCo REIT, reported underlying revenue up 12% to $108 million in the first half. Underlying EBITDA rose 15% to $57 million, with $658 million of available liquidity across cash and undrawn debt lines ...