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27 June 2023 • By Maja Garaca Djurdjevic • 1 min read

Economist warns against replacing Lowe in midst of inflation battle

Dr Lowe’s chances of being reappointed for a second term at the RBA are appearing increasingly slim. However, an economist has questioned whether ...

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Banking stability fears persist, businesses eye early rate relief

Businesses continue to expect headwinds in the global banking system to resurface as uncertainty over the macroeconomic environment lingers, according ...

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Multinational tax integrity bill enters Parliament

The government has introduced its multinational tax integrity legislation to Parliament, which seeks to improve the integrity of the tax system

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Global equity funds remain most popular for local investors

Equity Trustees has observed that investor interest has predominantly focused on equities and fixed income funds, with notable growth in retail and ...

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To bull or not to bull: Is the US market’s rally here to stay?

The US currently meets the traditional definition of a bull market, but is this just another false dawn? On 8 June, the S&P 500 index closed ...

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3 flagship BetaShares funds pass $3bn FUM milestone

Several of BetaShares’ flagship funds have surpassed $3 billion in FUM. BetaShares has announced that three of its flagship funds — the Australia ...

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Cath Bowtell to replace Greg Combet as IFM Investors chair

The firm has undergone a board reshuffle with Cath Bowtell stepping up as the new chair from 1 July. IFM Investors has announced that Ms Bowtell is ...

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ASIC chair denies obstruction allegations, rejects interim report findings

ASIC has “unequivocally” rejected any assertion of an intent to obfuscate or obstruct the parliamentary investigations into its oversight of the ...

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Financial services industry laments APRA’s cost burden

Less than a third of APRA-regulated entities are satisfied with the prudential regulator’s management of compliance burdens. The Australian ...

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Regulator says insurers withholding $815m in promised savings

The corporate regulator has slammed insurers for their inaction despite the latter being aware of pricing risks. ASIC raised this concern in a ...

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