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23 February 2022 • By Jon Bragg • 1 min read

Wages edge higher but continue to lag RBA target

Wages have continued moving upward since the end of 2020. The wage price index from the Australian Bureau of Statistics rose by 0.7 per cent during ...

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Australian Ethical reports 38% jump in FUM

The responsible investment and super fund manager also reported a 38 per cent increase in operating revenue. Australian Ethical’s funds under ...

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Goldman Sachs hires MD for alternative investment group

Craig Balenzuela will lead Goldman Sachs’ Alternatives Capital Markets & Strategy group locally. Goldman Sachs Asset Management has appointed ...

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RBNZ lifts rates for third consecutive month

New Zealand’s central bank raised rates for the third meeting in a row on Wednesday. New Zealand’s Reserve Bank (RBNZ) raised the official cash ...

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Global economy braces for Russian invasion

Equity and crypto markets have tumbled in response to recent developments. “The invasion of Ukraine has begun”, Prime Minister Scott Morrison said ...

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Big four says property market correction has begun

Westpac has suggested that a gentle slowing in the property market has begun ahead of an anticipated correction later this year. The property ...

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Perpetual LIC reports slump in profit

Perpetual Equity Investment Company has declared a fully franked interim dividend of 2.8 cents per share. Perpetual Equity Investment Company (PIC) ...

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‘They may never get as good a price again’, expert says of AGL bid

An expert has branded the AGL Energy takeover bid “game changing”. On Monday, AGL Energy rejected an unsolicited takeover bid from tech billionaire ...

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Investors should bolster their portfolios amid market volatility: deVere

Investors have been urged by deVere’s Nigel Green to take advantage of currently undervalued equities. Stock markets are likely to stabilise in the ...

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Aussies tip inflation to rise above 5%

Inflation expectations have reached their highest level in over seven years. The latest consumer confidence survey from ANZ and Roy Morgan has ...

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