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13 November 2023 • By Jessica Penny • 1 min read

Aussie insurers put up guards against risky assets

Recent insurer habits have indicated an intention to reduce risk exposure in the next six months, new data has revealed. The majority of Australian ...

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Dimensional introduces active ETFs in Australia

The largest active ETF issuer in the world has launched three funds on the ASX. Dimensional Fund Advisors has announced an expansion into the ...

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ANZ posts record cash profit

The bank has announced its full-year results with an increase in cash profit and a higher dividend payout. ANZ has posted a record cash profit of ...

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Gloomier RBA outlook sheds light on rate rationale

The Reserve Bank has published its revised forecasts for the economic outlook just days after its latest hike to the cash rate. The Reserve Bank of ...

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Fed fears job not done, ‘will not hesitate’ to hike

The central bank is “not confident” its previous rate hikes will be enough to return inflation to target. Chair of the Federal Reserve Jerome ...

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Oil prices plunge from annual peak as demand softens

Crude oil prices have fallen by just under 17 per cent from their October highs in response to a dip in global demand. Brent crude oil prices have ...

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Betashares introduces new ETF focused on ‘cash flow kings’

The Australian ETF provider says its newest fund will provide exposure to a portfolio of global companies with strong free cash flow. Betashares ...

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Praemium enters into strategic partnership with Complii

The strategic partnership is expected to lead to new opportunities for both firms. Investment platform provider Praemium and capital markets ...

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NAB reports $7.7bn cash profit as challenges ramp up

The operating environment became more challenging in the second half of the financial year, according to NAB, and is expected to remain so in the ...

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Shareholders hit Magellan with first strike over executive pay

A majority of shareholders have voted against Magellan’s remuneration report. More than 58 per cent of Magellan shareholders voted against the fund ...

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