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06 October 2022 • By Jon Bragg • 1 min read

Financial services industry jumps ahead in the race to net zero

Australian financial service providers are twice as likely to be carbon neutral. New research examining the progress of Australian businesses ...

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Yarra Capital launches first private market equity offering

The Australian fund manager has unveiled the Yarra Private Capital Discovery Fund. Yarra Capital Management has introduced its first private market ...

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Super fund outsourcing can ‘significantly impact’ member returns, says APRA

The prudential regulator has released insights from its thematic review into outsourcing arrangements within the superannuation industry

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Magellan’s FUM continues downward slide

The fund manager has suffered another month of institutional and retail outflows. Magellan Financial Group has reported another decline in funds ...

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ASIC sues Latitude over misleading ads

The corporate regulator is suing Latitude along with Harvey Norman over their promotion of interest-free payment methods. ASIC is taking legal ...

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MLC introduces first retail private equity fund

The new MLC Global Private Equity Fund will provide retail investors with concentrated exposure to global private equity investments. The MLC ...

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Australian house prices continue to fall

While the pace of decline has eased slightly, house prices across the country are down by almost 5 per cent from their peak earlier this year

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Loss-making property sales on the rise

Sydney and Melbourne have recorded the biggest increases in loss-making sales. New analysis released by CoreLogic suggests that 93.8 per cent of ...

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CBA defies market expectations, predicts 25-bp rate hike

The Commonwealth Bank is alone in predicting a 25-bp hike in October.  Economists at the Commonwealth Bank have maintained their forecast that the ...

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APRA removes big 4’s remaining $500m capital charge

The regulator is satisfied that CBA has addressed concerns over its governance, accountability and risk culture frameworks and practices

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