Powered by MOMENTUM MEDIA
investor daily logo

Markets

26 June 2023 • By Jessica Penny • 1 min read

3 flagship BetaShares funds pass $3bn FUM milestone

Several of BetaShares’ flagship funds have surpassed $3 billion in FUM. BetaShares has announced that three of its flagship funds — the Australia ...

READ MORE
icon

Economist urges RBA to hold rates amid heightened recession risk

An economist has suggested the RBA should leave rates on hold for “several months” given the heightened risk of recession. According to AMP’s Shane ...

READ MORE
icon

Cash rate ‘still too low’: Deutsche Bank

The Reserve Bank has “more work to do”, with current monetary policy settings still well below previous comparative periods, according to Deutsche ...

READ MORE
icon

Property prices tipped to stage ‘full recovery’ in 2023–24

Property prices are expected to stage a full recovery from the 2022 downturn by the end of the next financial year. A new report by Domain has ...

READ MORE
icon

‘Aggressive’ shift to long-term bonds ‘premature’: T. Rowe Price

The investment management firm is “reluctantly bearish” about the short-term outlook for the global economy, with continued uncertainties ...

READ MORE
icon

CEFC partners with CDPQ on $200m sustainable agricultural platform

CDPQ and the Clean Energy Finance Corporation (CEFC) have joined forces to create a sustainable agricultural platform aimed at reducing emissions and ...

READ MORE
icon

Westpac pivots, announces it will keep BT Platforms

Westpac has abandoned plans to sell BT Platforms and instead aims to assist advisers in running “better businesses”. The big four bank confirmed in ...

READ MORE
icon

Big four reach consensus, RBA to hike in both July and August

The big four banks have now acknowledged that there is a high likelihood interest rates could peak at 4.6 per cent. National Australia Bank said on ...

READ MORE
icon

June rate call ‘finely balanced’, says RBA

Minutes from the latest monetary policy board meeting suggest the central bank seriously considered keeping the cash rate unchanged, easing fears of a ...

READ MORE
icon

Resilient labour market undermining inflation battle: RBA

Labour market conditions are “inconsistent” with the central bank’s inflation target, the deputy governor has said following an unexpected decline to ...

READ MORE