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13 February 2019 • By Sarah Simpkins • 1 min read

Macquarie raises forecast, shares spike

Macquarie Group saw its shares hit a three-month high on the ASX following its 3Q19 update, in which the bank upped its forecast for the full year, ...

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Trade in innovation can predict future growth

A global investment manager has pointed to the trade of ideas, rather than that of commodities, as the ultimate driver of global economic growth

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Challenger AUMs up, profit down

Challenger has seen its total assets under management come to $78.4 billion for 1H19, up by 2 per cent on the prior corresponding period (pcp), as its ...

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Labor to establish tougher bank prosecutor

In the wake of the royal commission, Labor has made an election promise to create a new special prosecutor that has already been labelled ‘bank cop’

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Bendigo profit drops, says RC neglected market competition

Bendigo and Adelaide bank has seen its statutory net profit after tax take a hit for the first half year, coming to $203.2 million, down 13 per cent ...

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MLC Wealth sale ‘likely’ pushed back to 2020

NAB has noted the sale of its MLC wealth management businesses may be delayed until 2020 following the Hayne royal commission final report and the ...

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Royal commission likely to impact finance product distribution

The royal commission’s final recommendations on financial intermediaries could significantly affect major financial product distribution, a market ...

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Underestimate Millennial investors at your own risk

A new report has shown that the millennial generation will be an investment force to be reckoned with as they build their careers and inherit the baby ...

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Aus Unity Office Fund profit down 50%

Australian Unity Office Fund has seen its statutory net profit drop by 50 per cent in the first half of FY19, becoming $13.1 million from $26.3 ...

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Dividends show strong global growth

Last year showed strong growth for dividends across developed markets despite global share markets falling heavily in the last quarter, according to ...

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