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15 February 2024 • By Maja Garaca Djurdjevic • 1 min read

Rate cuts in 2024 more likely after jobless data surprise

Economists believe the unemployment rate could rise more quickly than the RBA anticipates in 2024. Economists concur that the recent speed at which ...

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Magellan announces new product alongside statutory profit growth

Magellan has announced the launch of a new product and an enhanced US distribution platform in an attempt to win back trust. In an ASX listing on ...

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Swiftie economist predicts $400m economic boost from Eras tour

Termed Swiftonomics, the economic boost from Taylor Swift’s tour is now occupying the minds of Australian economists as the artist heads to Melbourne ...

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Investment managers wary of emotional investing ‘trap’

A portfolio manager has explained the market opportunities that can arise when managers have a deeper understanding of human behavioural biases

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AMP suffers profit slump amid ‘year of progress’

AMP’s net profit suffered a 31.5 per cent decline in 2023. Despite a 31.5 per cent decline in the firm’s statutory underlying net profit after tax ...

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Australia retains AAA rating trifecta

All three major credit rating agencies have assigned Australia the highest issuer credit rating. Standard and Poor’s (S&P) has given Australia ...

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CBA ‘optimistic’ as profit falls 3% in first half of FY24

The big four bank has reported a $5.02 billion profit for the first half of the financial year. Commonwealth Bank has posted a cash net profit ...

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Australian bond market grows in appeal amid macro uncertainty

Schroders has outlined the case for bond markets as an attractive way to add high levels of quality income this year as it positions overweight ...

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Macquarie reports profits ‘substantially down’ from FY23

In its latest quarterly update, the bank has announced its year-to-date NPAT declined amid ongoing uncertainty. Macquarie Group has reported a ...

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International equities ETF growth trumps domestic peers

International equities exchange-traded funds (ETFs) received the highest inflows in January as investors returned to the asset class. The ...

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