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Experts weigh in: Will the RBA hike rates again?

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
The Reserve Bank of Australia (RBA) left interest rate unchanged at the May meeting, as was widely expected by economists. But some have suggested another hike could be on the horizon given less than optimistic inflation data which rose 1% in the March ...

Australian Retirement Trust applies new investment exclusion

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
From July 1, Australian Retirement Trust (ART) will add thermal coal to its list of exclusions. ART currently applies three exclusions when directly investing in Australian and international share asset classes across all its investment options, being ...

Aware builds property portfolio, adds 726 homes

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
Aware Real Estate will build more than 700 homes to Melbourne's housing market across two major new developments in the inner and northern suburbs, adding to the city's supply of rental accommodation. The property group launched large-scale housing ...

BlackRock's Fink signals a tough road ahead for future retirees

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
In his annual letter to investors, BlackRock chair and chief executive Larry Fink said providing people a secure, well-earned retirement is much more challenging now that it was 30 years ago, and it will be "much harder" in the future. As such, Fink ...

ASIC's harsh words to directors: 'It's not meant to be easy'

ELIZA BAVIN  |  FRIDAY, 22 MAR 2024
Australian Securities and Investments Commission (ASIC) chair Joe Longo has had enough of company directors complaining about keeping up with their obligations. In a speech to the Australian Institute of Company Directors (AICD) Australian Governance ...

Policymakers face significant challenge in regulating AI

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
Innovations in artificial intelligence (AI) are quickly expanding, posing a challenge to policymakers attempting to regulate the area. According to Kevin Hebner, managing director, global investment strategist with Epoch Investment Partners, those charged ...

Centuria raises $50m for new fund

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
Centuria Capital Group has launched a new fund to wholesale investors that targets counter-cyclical opportunities across the property sectors and debt. The Centuria Select Opportunities Fund (CSOF) is a closed-ended unlisted fund targeting a 15% internal ...

Blossom launches new fixed income product

ANDREW MCKEAN  |  TUESDAY, 12 MAR 2024
Blossom, an Australian fixed income app, has launched Blossom Plus, a managed fund that offers access to bond investments with a target return of 7%. The new product is designed for investors who want to maximise the value of the savings made on their ...

Younger Aussies embracing SMSFs, guidance needed

CHLOE WALKER  |  WEDNESDAY, 21 FEB 2024
According to Class general manager, growth Jo Hurley, younger generations want more control over their retirement savings than ever before, and financial advisers need to cater to this demand. Addressing the crowd at the SMSF Association Conference ...

UniSuper buys up Deer Park site

RACHEL ALEMBAKIS  |  THURSDAY, 15 FEB 2024
UniSuper has acquired a $260 million warehouse, logistics and manufacturing development site that will target a 5-Star NABERS energy rating upon completion. The auction of surplus land from Orica in Deer Park, Melbourne has the potential to accommodate ...
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