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| | | The artificial intelligence (AI) investment boom continued to drive US equity markets higher in May, while Australian shares delivered comparatively modest gains amid weaker earnings outlooks and pressure on the banking sector, according to UniSuper ... |
| | | | ... the forward estimates. "For the first time on record, consecutive updates have returned every single dollar of revenue upgrade to the bottom line. This means the government has returned 76% of revenue upgrades," Chalmers said. "Looking further ahead ... |
| | | | BlackRock has capped redemptions on its private credit fund HPS Corporate Lending Fund (HLEND), imposing the 5% limit after investors sought to yank out US$1.2 billion. Subsidiary HPS Investments Partners, which BlackRock acquired in 2024 for US$12 ... |
| | | | ASX will partner with LSEG to modernise and upgrade its derivatives trading platform. ASX 24 trades the Australian and New Zealand interest rate, equity and commodity futures and options markets, supporting some of the world's longest trading hours. ... |
| | | | 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 ... |
| | | | HUB24 has reported a profit of $59.7 million in the first half of the financial year, up 80% from the previous year, and more than $10 billion in net inflows. It will pay a fully franked interim dividend of 36 cents per share for the period, doubling ... |
| | | | ... automation and improved system integration. CSC will consolidate its legacy systems to improve member experience, in an upgrade taking place between February 13-26. The fund is modernising the IT systems used to administer its various schemes, adopting ... |
| | | | ... were conducted for the same client, to which Petra responded on 4 December 2023 by identifying that the earlier system upgrade did not resolve the origin of order issue ASIC had initially raised, and it may "have occurred across a broad range of clients." ... |
| | | | The Australian Securities Exchange (ASX) has flagged a jump of 20% in its total expenses to $264.4 million in the first half of the financial year, after it agreed to implement a package of reforms to improve its operations last year. ASX updated its ... |
| | | | ... Findex, for a further five years, including a significant platform modernisation leveraging FNZ's technology. As part of the upgrade, advisers are set to benefit from technology that significantly improves productivity and efficiency from FNZ's global ... |
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