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06 February 2023 • By Jon Bragg • 1 min read

Opposition accuses government of abandoning surplus goal, risking economic stability

The Shadow Treasurer has accused the Labor government of giving up on a budget surplus.  With the next federal budget now roughly three months ...

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Magellan reports uptick in FUM

The fund manager has experienced a positive start to 2023. Magellan Financial Group had $46.2 billion in funds under management (FUM) as of the end ...

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Why a 40 bp rate hike may be on the cards this month

CBA has looked at the most likely scenarios for the RBA’s first meeting of the year. While a 25 basis point (bp) hike is seen as the most likely ...

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Super funds exceeding $5m don’t meet objective, minister hints

Minister Jones has confirmed that the government will launch a paper on the objectives of superannuation “very, very soon”.  The Minister for ...

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Janus Henderson reports 34% AUM drop

The global fund manager has released its fourth quarter and full-year results. Janus Henderson Group has reported US$287.3 billion in assets under ...

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AMP completes sale of international infrastructure equity business

The firm has finalised the sale of its international infrastructure equity business. AMP has confirmed that the sale and transfer of the Collimate ...

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RBA should continue to raise interest rates, IMF says

Downside risks dominate Australia’s economic outlook, according to the IMF. Australia remains in a stronger position than many advanced economies, ...

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Pinnacle posts lower profit as performance fees shrink

The firm has released its results for the challenging first half of the financial year. Pinnacle has reported a significant decline in net profit ...

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Upcoming RBA forecasts will ‘continue to draw a path to a soft landing’, says NAB

Economists at NAB believe that the Reserve Bank’s February statement of monetary policy is set to be even more essential reading than usual

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Rising inflation top concern for Aussie investors

A new survey has revealed the biggest concerns shared by investors in Australia and around the world. Seventy-four per cent of Australian investors ...

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