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21 October 2024 • By Jessica Penny • 1 min read

Generation Life kicks off FY24–25 with record growth

The company has announced significant progress in its financial metrics for the first quarter of FY2024–25, alongside a noteworthy acquisition

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Macquarie Tech zeroes in on data centres in new refinancing plan

Macquarie Technology Group has successfully signed a five-year $450 million debt refinancing agreement to bolster its data centre expansion efforts

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Asset managers turn away from local markets

T. Rowe Price has reinforced its underweight stance on Australian equities, citing weak earnings prospects and elevated valuations relative to other ...

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Latest acquisition injects $2bn into Australian Ethical

The ethical investment manager has had a strong start to FY2024–25, with a recent transaction adding $1.93 billion in FUM. Australian Ethical has ...

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Betashares adds to Wealth Builder range with exposure to Nasdaq 100

The ETF provider has expanded its Wealth Builder range, designed to enhance access to the benefits of gearing as part of an investor’s long-term ...

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‘Unquestionably strong’ jobs data sparks fresh doubts over rate cuts

Economists have varied interpretations of what the latest unemployment data means for the RBA’s monetary policy easing cycle. The unemployment rate ...

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AMP super and investments AUM nears $56bn

The bank’s third quarter results saw growth across multiple segments, including a small increase in its loan book to $23 billion. In a results ...

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Employment surges beyond forecasts, ABS reports

The ABS has released the latest labour force figures. The unemployment rate came in slightly tighter in September at 4.1 per cent, but employment ...

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UK firm becomes new player in local asset management landscape

A global financial services firm has taken on a second AFSL as it looks to capitalise on the high-net-worth market in Australia. EBC Financial ...

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Experts reveal what to expect from S&P’s Q3 earnings season

While corporate earnings are growing, an investment specialist notes that it’s at a slowing rate. As the S&P 500’s third quarter earnings ...

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