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Showing 1 - 10 of 46 results for "early May"

Australian ETF market surges to record $346bn

VINNY VUCAGO | WEDNESDAY, 13 MAY 2026

... and cash strategies increased as the Reserve Bank of Australia delivered its third-interest rate rise of the year in early May, reinforcing expectations that investors are balancing growth opportunities with more defensive positioning.

TWG Global to acquire LA Lakers: Reports

KARREN VERGARA | MONDAY, 23 JUN 2025

... sports franchises already includes the LA Dodgers and Chelsea FC, as well as an existing stake in the LA Lakers. In early May, TWG Global made a 5% investment Mubadala Capital, the sovereign wealth fund of Abu Dhabi. Under the deal, Mubadala will anchor ...

ECB drops interest rates by 0.25%

KARREN VERGARA | FRIDAY, 6 JUN 2025

... likely to stabilise and move closer towards the ECB's 2% target as wage pressures continue to ease," Shah said. In early May, the Bank of England (BOE) lowered its key interest rate by 0.25 percentage points to 4.25% on the back of progress on disinflation ...

Local challenger enters Australia's ETF market

ANDREW MCKEAN | MONDAY, 28 APR 2025

... our presence in the market will lower fees and increase competition from day one," Man said. The firm is targeting an early May listing, pending the completion of the exposure period. He added that ETF Shares' entry will "increase competition and product ...

Super pool jumps to $3.9tn

KARREN VERGARA | WEDNESDAY, 29 MAY 2024

... end of March. There are now only seven active corporate super funds on APRA's register. TesltraSuper flagging in early May that it is mulling merger avenues is another nail in the coffin for the corporate super fund sector. The $26 billion super ...

Economists divided over cash rate decision

ANDREW MCKEAN | MONDAY, 5 JUN 2023

... tightening already delivered (including the hike in May) is yet to feed through to the economy; and, having hiked in early May the board may deem that a bit more information may be needed before it would move again," Bloxham said. "A hike in June could ...

UniSuper opens its doors, hits $100bn

KARREN VERGARA | MONDAY, 5 JUL 2021

... The super fund has opened to workers outside of the higher education and research sector, a move that was flagged in early May. In the same month, chief executive Kevin O'Sullivan announced that Peter Chun will take the reins, exiting the top job ...

Chief economist update: China and Australia's interdependence

BENJAMIN ONG | WEDNESDAY, 26 MAY 2021

... has sent iron prices down by 3.9% to US$207.01 per tonne from the all-time high close of US$215.48 a tonne recorded in early May. China's also reportedly increasing domestic iron ore exploration efforts and seeking other overseas suppliers to reduce ...

Hold super accountable for miners' actions: Future Super

HARRISON WORLEY | THURSDAY, 11 JUN 2020

... final report, finding that streamlining the process for Indigenous Australians facing hardship to access their super early may help to improve their retirement outcomes. UniSuper chief executive Kevin O'Sullivan said the fund was "so proud" to support ...

Chief economist update: Australian recession - the next generation

BENJAMIN ONG | THURSDAY, 4 JUN 2020

... eased earlier than was previously thought likely," the RBA said. "And there are signs that hours worked stabilised in early May, after the earlier very sharp decline. There has also been a pick-up in some forms of consumer spending." The gradual relaxation ...

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BT appoints new head of strategy

KARREN VERGARA | 10:47AM

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI | 12:24PM

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI | 12:21PM

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO | 12:09PM

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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