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Markets

10 August 2023 • By Jon Bragg • 1 min read

AMP reports flat profit as simplification continues

The firm has released its half-year results. AMP has reported an underlying net profit after tax (NPAT) of $112 million for the half-year ending 30 ...

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Markets demonstrate continued resilience over long run

Looking back on the performance of major asset classes over the last 30 years, markets have exhibited a capacity to bounce back from short-term ...

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Suncorp’s profit up ‘significantly’ as sale of banking arm hangs in the balance

The group has reported a “material increase” in earnings in its full-year results. Suncorp Group has posted a 68.6 per cent jump in net profit ...

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CBA reports $10.2bn profit amid ‘tighter and rapidly changing’ conditions

The bank has announced its full-year results. Commonwealth Bank (CBA) has reported a $10.16 billion cash net profit after tax for the 2023 ...

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New Zealand works with BlackRock for NZ$2bn climate fund

The new climate infrastructure fund has been described as the first of its kind. The New Zealand government has worked with BlackRock to support ...

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NAB CEO says Australian economy ‘will kick again’

The CEO of NAB is hopeful about the future outlook of the Australian economy. NAB chief executive officer Ross McEwan has maintained a positive ...

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Big 4 bank now sees property prices rising this year

A major bank has revised up its forecasts for Australia’s housing market. Dwelling prices across the five major capital city markets are expected ...

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Elevated core inflation dampens promising headline trends

A new interplay of global factors are set to challenge the underlying inflation landscape. Recent Consumer Price Index (CPI) updates point to a ...

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GQG reports another increase in FUM

The global investment boutique has reported a US$4 billion rise in its funds under management despite a large redemption from a UK-based pension fund

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Emerging market equities offer ‘attractive’ opportunities: Fidelity

The head of equities, Asia Pacific, at Fidelity International currently sees opportunities in Asian emerging market equities. With valuations ...

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