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13 June 2023 • By Keith Ford • 1 min read

ETF inflows drive yet another record month

The local ETF industry has seen its fifth consecutive record month. Australia’s ETF industry funds under management (FUM) rose 1 per cent or $1.4 ...

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No rate relief in 2023: CBA, HSBC

A consensus has developed among economists, which now expect further interest rate hikes in the coming months and no easing any time soon

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Fiducian welcomes new non-executive director, anticipates resignation

The firm has expanded its leadership team as one of its long-serving veterans is set to retire later this year. Financial services organisation ...

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Banks urged to ‘justify’ exceptions to lending guardrails

The prudential regulator has reinforced home loan serviceability standards as banks increasingly apply for exceptions amid fears borrowers have been ...

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ASIC, APRA see urgent need for cyber risk forum

Superannuation fund CEOs have agreed that a “safe space” to share experiences would be of great benefit to the industry. The Australian Securities ...

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HESTA surpasses initial climate goal ahead of plan

The fund says it has met its initial climate target well ahead of schedule. HESTA has announced that it has achieved its initial climate target of ...

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Economists foresee increased likelihood of recession

Following the RBA’s latest warning that the narrow path to lower inflation could get bumpy, economists have revised their projections, foreseeing an ...

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Count adds non-executive director to board

The firm has welcomed a private equity specialist to its leadership. Count has announced the appointment of Tim Martin to its board as a ...

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Suncorp states its case ahead of ACCC decision on ANZ merger

The diversified financial services business has released its official response to ACCC concerns over the proposed acquisition of its banking division ...

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ASIC announces managed investment scheme sunsetting consultation

The corporate regulator has announced that it is seeking feedback on proposals to remake managed investment scheme unit pricing class orders that are ...

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