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03 November 2023 • By Charbel Kadib • 1 min read

Household spending rises but discretionary spending softens

The latest spending data has provided new evidence of weakness in the economy ahead of the Reserve Bank’s next rate move. Household spending ...

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Macquarie profit slumps amid ‘less certain market conditions’

CEO Shemara Wikramanayake has asserted that Macquarie remains well-positioned to deliver superior performance despite the firm’s latest half-year ...

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Schroders bearish on shares as ‘age of scarcity’ looms

Australian and global equities markets are tipped to continue underperforming over the near-medium term as economies grapple with inflation ...

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Fed takes dovish turn, halts hiking cycle

US equities markets bounced following the Federal Reserve’s latest monetary policy call. The US Federal Reserve maintained a funds rate of 5.25–5.5 ...

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Janus Henderson set to exit ASX next month

The global active asset manager has cited a decline in ownership, low trading volume, and limited index inclusion as reasons to delist from the local ...

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Islamic finance provider moves to fill ‘substantial gap’ in ETF market

Hejaz Group’s new active ETF provides investors with access to a Shariah-compliant bond alternative product in what the firm has described as an ...

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‘Extraordinary’ property tailwinds to persist: CBA, AMP

Residential property prices have returned to their peak and are tipped to continue rising despite expectation for further interest rate hikes

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State Street slashes SPDR ETF fees

Six SPDR ETFs issued by State Street Global Advisors have had their fees cut, following similar moves by the firm’s competitors within the past year

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Large caps begin Q4 on the back foot as ASX plunges 3.8%

All but one sector of the ASX 200 ended October in the red. The S&P/ASX 200 index has experienced its third consecutive month of decline, with ...

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Munro Partners introduces small and mid cap fund

The new Munro Partners Global Growth Small and Mid Cap Fund aims to invest in innovative and fast-growing small and medium companies from around the ...

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