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Markets

26 June 2023 • By Charbel Kadib • 1 min read

Banking stability fears persist, businesses eye early rate relief

Businesses continue to expect headwinds in the global banking system to resurface as uncertainty over the macroeconomic environment lingers, according ...

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Global equity funds remain most popular for local investors

Equity Trustees has observed that investor interest has predominantly focused on equities and fixed income funds, with notable growth in retail and ...

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To bull or not to bull: Is the US market’s rally here to stay?

The US currently meets the traditional definition of a bull market, but is this just another false dawn? On 8 June, the S&P 500 index closed ...

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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 ...

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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 ...

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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 ...

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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 ...

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‘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 ...

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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 ...

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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 ...

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