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23 October 2024 • By Jessica Penny • 1 min read

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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Rest names acting CIO duo as replacement search commences

The $89 billion fund has named co-chief investment officers following the resignation of Andrew Lill earlier this month. Rest has appointed two of ...

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Super funds’ travel and entertainment under microscope as APRA announces crackdown

The Australian Prudential Regulation Authority has issued a stern warning to super funds about questionable expenditures. APRA has ramped up its ...

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IMF predicts severe inflation challenges ahead for Australia

The IMF has delivered a grim forecast for Australia, placing the nation second among countries expected to grapple with persistent inflation well into ...

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Praemium bounces back after June quarter outflows

In the firm’s financial results for the three months to 30 September, the platform reported quarterly inflows of $139 million. In an ASX update on ...

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CFS targets smaller super funds amid industry consolidation push

Colonial First State is ready to support further consolidation in the super industry, its CEO said. After a major investment in technology, ...

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Economist says measured caution warranted as investment bank issues gloomy forecast

With the Goldman Sachs S&P 500 long-term outlook occupying headlines over recent days, an Aussie economist has weighed in, noting that, while ...

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ASX-listed firm drops new funds, eyes US markets

The ASX-listed company has unveiled a series of new products and reaffirmed its commitment to offshore opportunities. Magellan has announced the ...

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RBA caught off guard by recent jobs boom

The Reserve Bank of Australia has been taken aback by stronger-than-expected employment growth, according to deputy governor Andrew Hauser

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