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24 October 2024 • By Maja Garaca Djurdjevic • 1 min read

Fund warns of market turmoil if volatility and uncertainty collide

The market turmoil that swept through August serves as a “glimpse” into the violent reactions that can occur when volatility collides with ...

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HMC to acquire Sydney data centres in $1.9bn infrastructure play

A local asset manager has unveiled key initiatives to establish a global digital infrastructure platform. HMC Capital is establishing a global ...

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Chalmers overlooks IMF inflation projections, praises economic management

The Treasurer has chosen to overlook the IMF’s inflation warning for Australia, instead showering praise on its budget league tables. The ...

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Westpac names acting business, wealth chief

The big four bank has named its acting business and wealth division lead as it prepares for a significant leadership transition. Peter Herbert, ...

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IMF sounds alarm on liquidity risks in Australia’s super system

The International Monetary Fund has raised concerns about liquidity risks within Australia’s superannuation system due to a growing share of illiquid ...

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Big 4 reveals $123m hit to profit

Ahead of the bank’s full-year results, Westpac has said that its NPAT will be impacted. Westpac’s reported net profit after tax (NPAT) for ...

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AFCA complaints continue to increase, banking and finance lead the pack

The ombudsman received almost 104,861 complaints over the last financial year. The Australian Financial Complaints Authority (AFCA) has announced ...

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AI integration tipped to become key revenue strategy for investment managers

Investing in technologies that integrate AI into sales and distribution processes is poised to be one of the most effective revenue-enhancing ...

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Aussie private credit poses low direct risk, but transparency concerns persist, says RBA

Australia’s central bank has assessed that the local private credit market poses low direct risks to financial stability, but transparency concerns do ...

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Australian Ethical appoints private markets head

Australian Ethical Investment has appointed a new head of private markets to lead its infrastructure debt fund and private markets portfolio

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