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08 May 2017 • By • 1 min read

Macquarie records 7.5% full-year profit growth

Macquarie Group has reported healthy profit growth for the year ending 31 March 2017 despite “challenging market conditions”. The bank’s net profit ...

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Markets returning to ‘old normal’

The recent upturn in markets looks to be more than a “cyclical bounce” and likely marks the beginning of a transition to a period of better growth, ...

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FPA appoints independent tribunal chair

The Financial Planning Association has appointed Graham McDonald to chair its Conduct Review Commission as part of the association’s move to become a ...

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NAB profit flat as bad debts increase

NAB has posted a flat cash profit of $3.29 billion in a half-year result that is largely in line with analyst predictions, but bad and doubtful debts ...

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Fed leaves the door open on June hike

The US Federal Reserve’s decision to keep rates on hold yesterday was widely expected, but the central bank could announce a hike in June, says State ...

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ANZ exits JV with ETF Securities

ANZ has sold its stake in the ANZ ETFS joint venture with ETF Securities just two years after the partnership was launched in May 2015

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ANZ result masks ‘messy’ earnings: UBS

Diminished earnings from the sale of ANZ’s Asian banking businesses will continue to cloud the bank’s results for the foreseeable future, says UBS

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Citi upbeat on Australian economy

Australia’s economy is set to benefit from improving global growth, though the impact of the more positive growth signals on domestic markets has so ...

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Morphic’s ethical LIC begins trading

Morphic Asset Management’s ethically screened listed investment company (LIC) has started trading following an IPO that raised $48.8 million. The ...

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Researchers downgrade Ausbil's microcap fund

Ausbil Investment Management's decision to temporarily suspend redemptions and applications for its microcap fund follows a 'redeem' recommendation by ...

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