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14 July 2023 • By Jon Bragg • 1 min read

ANZ forecasts ‘extended pause’, no rate hike expected in August

The bank has abandoned its call for two more interest rate rises this year. ANZ has predicted the Reserve Bank of Australia (RBA) will keep ...

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Will conflicting market expectations create a ‘tug of war’?

According to ClearBridge, market expectations of a soft landing could lead the charge into the second half of 2023, or more tentative economic ...

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‘Great deal of uncertainty’ about interest rates globally: CBA’s Matt Comyn

The CEO of the Commonwealth Bank has appeared before a parliamentary hearing. There is still significant uncertainty regarding the movements of ...

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Slower-than-expected US inflation data sets the stage for final Fed rate hike

Both headline and core consumer price inflation have come in below expectations. The US Federal Reserve may almost be at the end of its monetary ...

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ANZ warns of ‘troublesome’ outlook for equities as recession looms

While equity markets have continued to steadily climb upwards in recent times, ANZ says it is unlikely that this will mean a downturn is not going to ...

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Australian ETF industry reaches $150bn milestone

The funds under management of the local ETF industry has hit an all-time high. The latest BetaShares Australian ETF Review has revealed that the ...

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‘Who knows?’: ANZ CEO uncertain on long-term path of interest rates

In an appearance before the House standing committee on economics on Wednesday, ANZ CEO Shayne Elliott fielded a question about where the bank sees ...

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NAB CEO says ‘no plans’ for return to financial advice

The CEO of NAB has said that the bank is staying out of advice. Asked about the Quality of Advice Review’s (QAR) recommendation to allow banks back ...

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Global equity market volatility tipped to continue

American Century has shared its global market outlook for the third quarter, which the US-based asset management firm expects will be characterised by ...

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Managed funds suffer record level of outflows

Billions of dollars flowed out of managed funds during the second quarter of the year, according to new data from Calastone. Calastone’s latest ...

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