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02 July 2024 • By Maja Garaca Djurdjevic • 1 min read

RBA minutes reflect concerns over inflation

The RBA has acknowledged recent state budgets in its latest minutes, stating that it will assess their impact on the outlook for output and inflation ...

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‘Very thoughtful’ allocations buoy HESTA’s FY23–24 results

The $84 billion fund has credited resilient share markets and its exposure to the artificial intelligence rally for its strong performance in the ...

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Prime secures $3.3m entitlement offer amid expansion plans

Prime Financial is aiming to double its revenue in FY2024–25 via organic growth. Prime Financial has announced the completion of its fully ...

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Fund managers flock to Treasury’s debut green bond

The Australian Office of Financial Management has offered more details about the heavily-subscribed bond last month, noting the lion’s share of ...

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International shares drive growth for $85bn fund

Rest’s default MySuper Core Strategy delivered a return of 8.67 per cent in FY2023–24, driven by the strong performance of international shares amid ...

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Data breach limited to small number of OneVue clients, Iress says

The software firm has completed its investigation of the breach to its GitHub user space in May. In a statement to the ASX, Iress said it has ...

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Mega fund sees bright future for growth assets amid economic challenges

Despite high inflation and ongoing geopolitical tensions, the head of investment strategy at ART sees a promising outlook for growth assets

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BlackRock acquires Preqin in US$3.2bn deal

The asset manager’s latest acquisition marks a strategic expansion into the fast-growing private markets data segment. BlackRock has announced the ...

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Economist says budget hurting inflation, Treasurer disagrees

Treasurer Chalmers has contrasted an economist’s argument that persistent inflation underscores the government’s role in complicating the RBA’s job, ...

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More modest house price gains forecast for 2024–25

National average home prices rose 8 per cent in FY2023–24, reversing the 2 per cent fall recorded in the prior financial year. CoreLogic has ...

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