Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

News

14 February 2024 • By Keith Ford • 1 min read

CBA ‘optimistic’ as profit falls 3% in first half of FY24

The big four bank has reported a $5.02 billion profit for the first half of the financial year. Commonwealth Bank has posted a cash net profit ...

READ MORE
icon

Australian bond market grows in appeal amid macro uncertainty

Schroders has outlined the case for bond markets as an attractive way to add high levels of quality income this year as it positions overweight ...

READ MORE
icon

Macquarie reports profits ‘substantially down’ from FY23

In its latest quarterly update, the bank has announced its year-to-date NPAT declined amid ongoing uncertainty. Macquarie Group has reported a ...

READ MORE
icon

International equities ETF growth trumps domestic peers

International equities exchange-traded funds (ETFs) received the highest inflows in January as investors returned to the asset class. The ...

READ MORE
icon

FSC backs increased sophisticated investor threshold

The Financial Services Council (FSC) says the sophisticated investor test needs to be updated to protect consumers. Research undertaken by PwC and ...

READ MORE
icon

Challenger takes aim at super funds, boosts lifetime annuity sales

Challenger reported growth of 190 per cent in lifetime annuity sales, having realised an “extraordinary” opportunity in retirement. In its ...

READ MORE
icon

Active management returns linked to ‘naive’ alpha, asset manager says

New findings reveal that the majority of active managers are achieving additional returns by adhering to a long-term investment style. Innova Asset ...

READ MORE
icon

No changes to negative gearing or capital gains in the pipeline, says Treasurer

The Treasurer has provided assurance that there will be no alterations to either negative gearing or capital gains. Treasurer Jim Chalmers said ...

READ MORE
icon

Equity markets: What will happen when interest rates fall?

The conclusion of the recent rate hiking cycle ignited a surge in what market analysts are calling an “everything all at once rally”

READ MORE
icon

Fiducian posts 9% FUMAA growth

The ASX-listed financial services firm expects positive returns for its clients this year despite volatility. In its half-year results released to ...

READ MORE