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25 March 2019 • By James Mitchell • 1 min read

Wealth boss receives 26% pay rise despite $25bn in outflows 

The CEO of an ASX-listed global asset manager received a significant boost to his base salary and more than $400,000 in benefits for relocating to ...

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AMP dodges strike amid rising shareholder activism

AMP has been one of the first to attempt to prevent shareholders revolting against the board ahead of its annual general meeting, with strikes on the ...

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Rate cuts won’t stimulate housing, says Oliver

Anyone expecting an RBA rate cut to trigger a repeat of the six-year property boom we experienced from 2011 needs to think again, according to one of ...

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Economic risks ‘heightened’ amid property downturn: RBA

The Reserve Bank has warned of negative equity risks among off-the-plan property buyers and the broader economic consequences of a supply glut on an ...

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Wealth managers to snatch up yield assets

Australian asset managers will be aggressively buying yield assets as the US Federal Reserve has delayed further interest rate increases for a year, ...

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$25bn mortgage slump hits bank profits

Australian banks saw a sharp year-on-year contraction in new home loan settlements in light of tighter credit conditions and reduced demand for ...

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‘The business model is challenged’: AMP

Troubled wealth giant AMP has admitted it faces a long hard road to recovery. With an increasingly vigilant regulator, conduct remains its greatest ...

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Financial inclusion the silver bullet for gender inequality

The chief executive officer of Woman’s World Banking has said that including women in the financial industry may be the silver bullet in solving ...

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Volatility causes analyst confidence plunge

Volatility in global politics, increasing input costs and rising funding prices are causing one of the largest drops in wealth managerial confidence ...

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CBA could retain wealth business: Morningstar

A longer-term rethink of the merits behind the Commonwealth Bank’s demerger of its wealth management business could see it retained under the major ...

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