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31 May 2016 • By Tim Stewart • 1 min read

Wealth management dividends to stay strong

With banks around the world beginning to cut their dividends, Columbia Threadneedle's global equity income fund has shifted its focus towards the ...

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MLC appoints head of advice partnerships

MLC has appointed Michael Downey as head of practice development across the company's financial planning division. In a statement, the firm said ...

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Banks 'well capitalised' to absorb shocks

With $19 billion of common equity capital raised in 2015, Australia's banks are well placed to absorb any "adverse shocks" as signs emerge that the ...

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Cash rate to hit 1.25% by year end: AMP Capital

The Reserve Bank may choose to keep the cash rate on hold in June, but AMP Capital is betting on two more 25 basis point cuts by the end of calendar ...

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Investec Australia makes two senior hires

Investec Australia has bolstered its senior team with two new hires, one each to its corporate advisory team and its new financial sponsors ...

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DomaCom and Lloyds partner on Kidman purchase

Crowdfunding business DomaCom has teamed up with Lloyds Business Brokers in an attempt to acquire Kidman Station. According to an announcement by ...

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Business confidence down 9.1% in May

There was a sharp drop in business confidence in May following the federal budget, despite the share market recording a slight improvement, says Roy ...

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ANZ close-lipped on life insurance sale

ANZ has revealed it is conducting an internal review of its wealth business to be completed later this year, following speculation that the bank is ...

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Suncorp announces unified business model

Suncorp will "drop a few brands" as it undergoes a restructure that it says will "simplify" the business.  During the Suncorp Group Investor Day ...

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US economy is no 'locomotive': T. Rowe Price

The idea that the US is driving the global economy is "laughable", says T. Rowe Price global equities portfolio manager Scott Berg. Speaking at an ...

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