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25 October 2022 • By Jon Bragg • 1 min read

KKR and Mubadala to invest US$1bn in APAC private credit market

Global investment firm KKR has partnered with Abu Dhabi sovereign wealth fund Mubadala to deploy at least US$1 billion of long-term capital in the ...

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MySuper test challenges ASIC’s past performance rules, ASFA says

ASFA has asked for two improvements to be made to the YFYS performance test. In its latest submission to the Treasury’s Your Future, Your Super ...

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Why Labor is expected to take a cautious approach to tonight's budget

Treasurer Chalmers is due to deliver Labor’s “family-friendly” budget tonight at 7.30pm. Jim Chalmers is due to deliver a “family-friendly” budget ...

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Westpac's earnings down $1.3bn in 2H22

The big four bank has released its results for the second half of financial year 2022. Westpac on Monday announced that its reported net profit and ...

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Fall in house prices in this capital city exceeds 10%

The average Sydney home is now worth over $100,000 less than what it was in February. After peaking in February this year, Sydney home values have ...

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‘Significant milestone’ as Insignia completes separation of P&I business from ANZ

The first separation of a superannuation business from a big four bank is complete. Insignia Financial has now successfully completed the ...

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Fidelity hires institutional business director

The new director will be tasked with helping manage institutional client and consultant relationships at the firm while growing its institutional ...

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ASIC seeks feedback on Asia Region Funds Passport

The funds management industry has been invited to contribute to a review of the ARFP. ASIC has invited the Australian funds management industry to ...

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Major banks tip ‘red hot’ inflation in September quarter

The Commonwealth Bank and ANZ have released their CPI predictions. Wednesday’s CPI figures will show a quarterly rise in headline inflation of 1.6 ...

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How much have ‘dud’ super funds cost Aussie workers?

Those who stuck with an underperforming fund have paid the price. Aussies who did not exit underperforming super funds that failed the inaugural ...

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