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04 May 2022 • By Paul Hemsley • 1 min read

Bond and share investors may shrug off RBA’s rate hike

As mortgage holders reel from the prospect of having to reach deeper into their hip pockets to make bigger repayments following the Reserve Bank of ...

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Unlicensed trader receives jail sentence after ASIC investigation

The corporate regulator confirmed the news on Wednesday, 4 May. Dr Roger Munro has been sentenced to four and a half years of imprisonment, with a ...

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Major banks unable to meet commitment to modernise direct debits

According to the Reserve Bank (RBA), several major banks will not be able to meet the current timeline for the launch of the PayTo service

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Private capital contributes $54bn to the Australian economy

Australia’s private capital industry contributed 2.6 per cent of the nation’s GDP in 2020. A new report by EY commissioned by the Australian ...

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EOS at Federated Hermes appointed by CFS for stewardship services

The wealth management group confirmed the appointment this week. EOS at Federated Hermes has been appointed by Colonial First State (CFS) to ...

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Global asset manager launches first NFT collection

The firm has announced it will release 1,000 NFTs this week. VanEck has announced the launch of a collection of non-fungible tokens (NFTs) in what ...

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Packhorse opens $62m capital raise

The raise will fund the purchase of two properties in NSW. Packhorse Pastoral Company has announced a new capital raise of up to $62 million to ...

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NAB enters enforceable undertaking with AUSTRAC

The big four bank has released a statement. NAB has confirmed it has entered into an enforceable undertaking (EU) with financial crimes regulator ...

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Demand for gold on the rise in first three months of 2022

Investor and consumer demand for gold increased globally during the first quarter of the year. Australian consumer demand for gold surged by 24 per ...

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First combined bitcoin and gold ETP lists on Swiss stock exchange

The new exchange traded product is the first to combine bitcoin and gold. 21Shares and ByteTree Asset Management have announced the first ETP ...

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