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06 May 2022 • By Paul Hemsley • 1 min read

Private capital value hits record-breaking $90bn

The private capital industry in Australia has hit a record-breaking figure of $90 billion, with private equity and venture capital comprising the bulk ...

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AMP records major outflows across business

AMP recorded $1.3 billion in net cash outflows from its wealth management business in the first quarter of the year. AMP’s Australian Wealth ...

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Magellan's FUM contracts on loss in global equities

Magellan has reported a slight decrease in funds under management (FUM), following a dip in global equities. Magellan reported FUM of $68.6 billion ...

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NAB half-year profit reaches $3.6bn

The big four bank has released its 2022 half-year results. NAB has reported statutory net profit of $3.6 billion as of March 2022, while also ...

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Interest rates to remain below 2% in 2022, big banks agree

The big banks are predicting interest rates will remain below 2 per cent this year despite the markets pricing in a rate closer to 2.5 per ...

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ANZ reports statutory profit of $3.5bn

The big four bank has released its 2022 half-year result. ANZ has reported statutory profit after tax for the half-year ended 31 March 2022 of $3.5 ...

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AGL recommits to demerger following Cannon-Brookes acquisition

AGL Energy is determined to go ahead with the planned demerger despite Mike Cannon-Brookes' purchase which has made the tech billionaire the company’s ...

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Dexus reports 'better-than-expected' outcomes across business

Dexus transacted $2.1 billion worth of properties in quarter ended 31 March. Dexus has upgraded its guidance to deliver distribution per security ...

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How far will housing prices tumble?

A rate hike in May is expected to trigger an earlier than expected decline in prices outside of Sydney and Melbourne, CoreLogic has said

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ASX posts monthly decline, dragged down by materials sector

After surging nearly 7 per cent in March, the ASX 200 moved lower in April. The S&P/ASX 200 fell by 0.85 per cent during April, new data from ...

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