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09 August 2023 • By Jon Bragg • 1 min read

CBA reports $10.2bn profit amid ‘tighter and rapidly changing’ conditions

The bank has announced its full-year results. Commonwealth Bank (CBA) has reported a $10.16 billion cash net profit after tax for the 2023 ...

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‘Urgent need’ for super funds to improve experience of members

APRA has shared its observations following a review into the implementation of the retirement income covenant. While acknowledging that some ...

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New Zealand works with BlackRock for NZ$2bn climate fund

The new climate infrastructure fund has been described as the first of its kind. The New Zealand government has worked with BlackRock to support ...

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Former Magellan senior analyst joins Fairlight Asset Management

Fairlight says that it has hired an “experienced, high-calibre” portfolio manager. Fairlight Asset Management, a Sydney-based global small and ...

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Sustainable financing must ‘increase substantially’ to achieve net zero: RBA

The Reserve Bank has shared its outlook for green and sustainable finance in Australia. The Reserve Bank of Australia (RBA) has warned that ...

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Northern Trust welcomes global fund services lead

The financial services company has hired from within to best service global investment managers. Northern Trust has named Caroline Higgins head of ...

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NAB CEO says Australian economy ‘will kick again’

The CEO of NAB is hopeful about the future outlook of the Australian economy. NAB chief executive officer Ross McEwan has maintained a positive ...

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Big 4 bank now sees property prices rising this year

A major bank has revised up its forecasts for Australia’s housing market. Dwelling prices across the five major capital city markets are expected ...

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Elevated core inflation dampens promising headline trends

A new interplay of global factors are set to challenge the underlying inflation landscape. Recent Consumer Price Index (CPI) updates point to a ...

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GQG reports another increase in FUM

The global investment boutique has reported a US$4 billion rise in its funds under management despite a large redemption from a UK-based pension fund

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