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09 November 2022 • By Charbel Kadib • 1 min read

Market headwinds trigger call for hedge against big 4

Investors have been warned not to “overexpose” their equity portfolios to the big four banks amid a dampening appetite for credit and falling property ...

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Rate hikes plunge consumer confidence below GFC levels

Australian consumers are growing increasingly concerned about their finances, with 40 per cent planning to reduce their spending this Christmas

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Rest Super expands State Street custody mandate

Rest, one of Australia’s largest profit-to-member superannuation funds, has reappointed State Street Corporation to provide custodial services

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Former Courtenay House director pleads guilty to $180m Ponzi scheme

Former director of trading firm Courtenay House has admitted guilt to conducting a $180 million Ponzi scheme. Tony Iervasi has pleaded guilty in ...

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Hamish Douglass’ family offloads 13m shares in Magellan

Hamish Douglass’ family has disposed 13 million ordinary shares in Magellan. In an ASX listing on Tuesday, Magellan confirmed it has been notified ...

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Investors poised to capitalise on burgeoning value stocks

Value stocks are “outperforming” growth equities, new data has revealed, repeating trends observed during previous inflationary periods

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‘It’s not woke’: Larry Fink rallies CEOs with capitalist battle cry

BlackRock boss Larry Fink has warned CEOs not to be swayed by woke agendas and says sustainability is about capitalism — not environmentalism

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‘Don’t be fooled’ by stock market bounce back

A global equity manager believes that a ‘durable bottom’ has not yet formed. Investors would be well served to remain patient during the current ...

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Westpac dividend up despite earnings dip

The big four bank has reported a 6 per cent increase in its dividend payout to shareholders despite a decline in cash earnings.   Westpac Banking ...

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Packhorse puts cattle stations on the market

Packhorse Pastoral Company has listed a cumulative 27,000 hectares across three large cattle stations following the death of co-founder Tom Strachan

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