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12 June 2025 • By Adrian Suljanovic • 1 min read

Major bank pencils in 2 rate cuts for 2026

The lower outlook for inflation has set the stage for another two rate cuts over the first half of 2026, according to Westpac. Westpac’s chief ...

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UBS wealth COO heads over to Ord Minnett

Ord Minnett has looked to competitor UBS to replace its outgoing chief operating officer (COO), who departs after 15 years in the C-suite role

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Rest strengthens leadership with new member-focused appointment

The super fund has appointed Simone Van Veen as chief member officer. Rest has appointed Simone Van Veen as its new chief member officer, ...

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‘We underestimated it’: ASIC confronts complexity and risks in private markets

Australia’s corporate regulator has been told it must quickly modernise its oversight of private markets, after being caught off guard by the ...

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ART urges regulators to target gaps, not duplicate rules for private market investors

ART has cautioned regulators against imposing overlapping obligations on superannuation funds already operating under APRA’s comprehensive framework, ...

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Australian equities gain ground despite global uncertainty

T. Rowe Price is forecasting resilience for Australian equities despite global trade tensions and structural headwinds, as the S&P/ASX 200 Index ...

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Institutional demand underpinning bitcoin’s ascent

After last month hitting a record of over US$111,000, bitcoin this week returned to above US$110,000 as institutional demand, ETF inflows and macro ...

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BlackRock stands firm on US equities, citing AI-fuelled growth

While policy-driven volatility and supply-side constraints are pressuring growth in the US, BlackRock believes AI will continue to support corporate ...

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GQG Partners has reported net inflows of US$1.4bn in May

GQG Partners has reported net inflows of US$1.4 billion in May, its fifth consecutive month of inflows reaching more than US$1 billion. In its ...

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ASIC takes Australian Unity to court

Australian Unity has been targeted by ASIC for allegedly failing to take reasonable steps to ensure retail investors were in the target market for one ...

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