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08 December 2022 • By • 1 min read

CBA raises limit of indemnity provided to CountPlus to $520m

The indemnity limit covers certain remediation activities related to Count Financial. The Commonwealth Bank (CBA) has announced an increase to the ...

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Barrenjoey’s new US$280m private credit fund targets positive social impact

The fund has been backed by the Australian Retirement Trust and a number of other super funds and philanthropic foundations. Barrenjoey has ...

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Higher household spending behind 5.9% GDP growth

The latest GDP figures were slightly below market forecasts. Australia experienced its fourth consecutive quarter of economic growth during Q3, ...

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Magellan falls back into FUM decline

After a slight lift in October, the fund manager suffered another fall in FUM last month. Magellan’s funds under management (FUM) have fallen ...

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Australia maintains AAA rating following budget ‘restraint’

A major credit rating agency has released its latest assessment. Fitch Ratings has reaffirmed Australia’s AAA credit rating and has assessed the ...

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Climate policy uncertainty improving for institutional investors

The Investor Group on Climate Change has released the results of a new survey. Fewer institutional investors now see climate policy as a barrier to ...

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Big 4 banks predict GDP growth slowdown

Australia’s third-quarter GDP figures will be published on Wednesday. Ahead of the release of the national accounts on Wednesday, the big four ...

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Finance professionals faring well amid ‘real-term pay cuts’

CFOs and investment consultants are among the winners in a new salary survey. The CFOs of ASX-listed companies have received a pay bump of 28.3 per ...

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Unexpected inflation slowdown ‘cautiously welcomed’

Despite easing in October, most economists believe that inflation has still yet to peak. Treasurer Jim Chalmers has cautiously welcomed the latest ...

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Crypto collapses tipped to drive ‘flight-to-quality’

BlockFi has become the latest major crypto company to file for bankruptcy. The recent collapse of the FTX exchange and the subsequent fallout for ...

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