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15 February 2024 • By Maja Garaca Djurdjevic • 1 min read

Rate cuts in 2024 more likely after jobless data surprise

Economists believe the unemployment rate could rise more quickly than the RBA anticipates in 2024. Economists concur that the recent speed at which ...

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Brighter Super ramps up commercial focus with new team

Brighter Super has made four strategic appointments within its newly created commercial division. Led by the fund’s chief commercial officer, Sean ...

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Maple-Brown Abbott chief joins rival fund manager

Magellan has nabbed Maple-Brown Abbott’s CEO as it implements an executive leadership restructure. Sophia Rahmani has announced her resignation ...

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Unemployment rises above 4% for first time in two years

The ABS has released its latest labour force data, finding Australia’s seasonally adjusted unemployment rate has increased. The unemployment rate ...

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Magellan announces new product alongside statutory profit growth

Magellan has announced the launch of a new product and an enhanced US distribution platform in an attempt to win back trust. In an ASX listing on ...

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Swiftie economist predicts $400m economic boost from Eras tour

Termed Swiftonomics, the economic boost from Taylor Swift’s tour is now occupying the minds of Australian economists as the artist heads to Melbourne ...

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Investment managers wary of emotional investing ‘trap’

A portfolio manager has explained the market opportunities that can arise when managers have a deeper understanding of human behavioural biases

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AMP suffers profit slump amid ‘year of progress’

AMP’s net profit suffered a 31.5 per cent decline in 2023. Despite a 31.5 per cent decline in the firm’s statutory underlying net profit after tax ...

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Australia retains AAA rating trifecta

All three major credit rating agencies have assigned Australia the highest issuer credit rating. Standard and Poor’s (S&P) has given Australia ...

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AMP appoints new chair, Hazelton to depart

The company has named the successor of Debra Hazelton, who is leaving AMP after a three-year tenure. AMP has announced the appointment of Mike ...

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