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11 May 2015 • By • 1 min read

Hockey facing ‘tricky balancing act’

When Treasurer Joe Hockey delivers his second Budget tomorrow night, his challenge will be to support growth while protecting against increasing debt, ...

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Macquarie full-year profit up 27 per cent

Macquarie Group has reported a net profit of $1.604 billion for the full year to 31 March 2015. In a statement issued to the ASX, Macquarie ...

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Equipsuper beefs up defined benefits division

Equipsuper has appointed a former Suncorp and QIC executive to manage the industry fund's defined benefits liabilities. Troy Rieck will move into ...

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'Something has to give' on major banks: KPMG

The big four Australian banks are facing downward pressure on their margins, higher capital requirements and the emerging threat of new entrants, says ...

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Insurance boosts NAB Wealth earnings

NAB's wealth management business has reported a 28.2 per cent increase in cash earnings to $223 million for the first half of 2015. The strong ...

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Asian equities looking good: T. Rowe Price

Although global markets are becoming increasingly more complex, Asian equities are nonetheless providing value for investors, says T. Rowe ...

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AMP wealth AUM up six per cent

AMP has reported an increase in assets under management (AUM) for its wealth management business in the first quarter of 2015. In a statement to ...

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Govt shouldn't 'jump early' on super: AIST

With the tax inquiry currently underway, the government should hold off making changes to the superannuation tax concession rules, says AIST

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AFIC welcomes LIC competition

The "flurry of activity" in the listed investment company (LIC) market in the past 12 months has not fazed the Australian Foundation Investment ...

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Clock ticking on financial services export

Australian funds management, technology and financial advice providers must act quickly if they want to export their services to China, says IOOF ...

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