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23 May 2022 • By Jon Bragg • 1 min read

Incoming Treasurer outlines key economic challenges and priorities

Jim Chalmers has indicated that the Labor government will be going through this year’s budget “line by line”. Treasurer Jim Chalmers has suggested ...

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Property market enters ‘broad-based correction phase’

Westpac believes the housing market downturn is now underway. An earlier and more aggressive interest rate tightening cycle has brought forward the ...

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BlackRock predicts bond ETF assets will triple by 2030

High inflation and rising interest rates are expected to fuel further growth for bond ETFs, according to the firm. BlackRock has forecast that the ...

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BlackRock introduces five ESG model portfolios

The new portfolios will initially be made available on Praemium before heading to other platforms. BlackRock Australia has announced the launch of ...

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Jobless rate falls to near 50-year low

The latest labour force data from the ABS has revealed a fall in unemployment during April. The Australian Bureau of Statistics (ABS) has reported ...

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Annual wage growth lifts for the fifth consecutive quarter

The Australian Bureau of Statistics has released the latest wage price index. Wages grew by 0.7 per cent during the March quarter, according to the ...

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Barclays announces new $75m investment in Barrenjoey

The firm has injected $75 million into Barrenjoey Capital Partners, increasing its stake to 18.2 per cent. Barclays has announced a strengthening ...

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Australian investors’ trust in financial services industry surges

The results of a global survey have been released. One in two Australian retail investors (45 per cent) trust the financial services industry, a ...

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ANZ turns negative on 2022 house prices

With higher interest rates on the horizon, the bank is forecasting larger house price declines than previously expected. ANZ has made a major ...

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CBA unveils digital home loan offering Unloan

According to the bank, Unloan will provide a single low-cost interest rate to borrowers with an application time of as little as ten minutes

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