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18 February 2025 • By Maja Garaca Djurdjevic • 1 min read

RBA says cut reverses last hike, warns market is 'too confident' on future path

The RBA governor said Tuesday’s decision effectively reverses the cautionary rate hike from November 2023. While the Reserve Bank delivered its ...

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Challenger enjoys 28% profit lift amid growth strategy execution

The investment manager enters the second half of FY2024–25 in “great shape”, its CEO has confirmed. In its 1H25 results, Challenger announced a ...

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RBA makes final decision before governance shake-up

February’s rate decision has been the most anticipated in over a year. For the first time in over four years, the Reserve Bank of Australia has ...

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Future Generation names inaugural CIO

Investment group Future Generation has appointed its first chief investment officer who joins from Perpetual Asset Management. Lee Hopperton was ...

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Perennial expands distribution team

Perennial Partners has made a series of appointments to its distribution team across Australia. Scott Curtis has joined the firm as director for ...

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HUB24 profit surges 54% in first half FY24–25

The platform provider has seen record half-year net inflows, while its statutory NPAT hits $33.2 million. In its first half results announcement on ...

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Future Fund backs CDC’s growth amid rising demand for digital infrastructure

The Future Fund has upped its stake in CDC Data Centres under a deal worth over $2 billion. In a statement on Tuesday, the country’s sovereign ...

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Bitcoin ETFs gaining ground in Australia as institutions weigh in

Interest in bitcoin ETFs is on the rise, with retail investors still leading the charge, but cautious institutional involvement is steadily growing

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RBA rate cut expected, but uncertainty lingers

Experts are widely anticipating a 25-basis-point reduction in the Reserve Bank of Australia’s (RBA) cash rate at Tuesday’s board meeting, bringing it ...

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Westpac reports 9% profit slide in 1Q25

Westpac’s NPAT saw a decrease in the high single digits in 1Q25, the bank has confirmed in its latest financial results. Westpac posted a net ...

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