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15 August 2023 • By Jon Bragg • 1 min read

Aussie ETF industry reaches yet another all-time high

The funds under management of the local ETF industry moved higher again in July. The Australian ETF industry grew to $153.5 billion in funds under ...

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Slower-than-expected wages growth adds to the case for another rate pause

The latest wages price index undershot the expectations of the RBA and the market. The wage price index (WPI) rose by 0.8 per cent in the June ...

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Economist envisions 40% likelihood of RBA rate hike

AMP’s Shane Oliver believes there’s a 40 per cent chance the RBA will lift rates again. In his latest update, AMP’s chief economist noted that ...

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Challenger sees 6% bump in AUM

Challenger has announced its full-year results, with the firm reporting a 13 per cent increase in its net profit after tax. In its full-year ...

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NAB announces $1.5bn share buyback after ‘sound’ Q3 result

The big four bank has provided a third quarter trading update. NAB has reported unaudited cash earnings of $1.90 billion for the third quarter year ...

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ANZ lags behind big banks on race to net zero

An assessment on how Australia’s largest banks are achieving their net zero commitments has revealed that some are more devoted to the cause than ...

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Institutional investors go ‘back to basics’

An investment consulting firm has detailed recent trends among institutional investors. Institutional investors have become more cautious and ...

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Fiducian reports lower profit due to ‘uncertain economic environment’

The ASX-listed financial services firm has announced its full-year results. In its full-year results released to the ASX on Monday, Fiducian ...

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Bendigo and Adelaide Bank delivers record earnings

The bank has delivered a strong full-year result, according to its CEO and MD. Bendigo and Adelaide Bank has reported a 15.3 per cent increase in ...

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Equity Trustees combines super, corporate divisions

The firm is set to bring $150 billion together under one consolidated business. Equity Trustees has announced its intention to combine its ...

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