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16 May 2024 • By Rhea Nath • 1 min read

Australian small caps manager shuts shop

The Fidante affiliate has announced the closure of its small cap and micro-cap funds, citing expected declining flows. NovaPort Capital, an ...

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Positive signs for RBA as unemployment rate hits 4.1%

Economists see positive signs for the Reserve Bank as the job market loosens primarily from the supply side, indicating a potential easing cycle later ...

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Inflation dragon lurks despite government optimism, warn economists

Despite the government’s optimistic inflation expectations, economists warn that the inflation dragon still lurks in our future. While the ...

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Treasurer heralds Australia’s fourth economy with net zero transformation

Labor is creating Australia’s fourth economy by grasping the “vast industrial and economic opportunities of the global net zero transformation”, the ...

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Iress reports data breach extends to OneVue

Iress has confirmed that the incident involving the unauthorised access reported this week extends beyond what was initially reported. In an ASX ...

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Economic outlook in focus: Budget analysis reveals projections

According to Chalmers, a second surplus is a demonstration of the government's responsible economic management, but what is the government predicting ...

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Fidelity looks to expand active ETF range

Fidelity Australia managing director Lawrence Hanson has announced the firm’s intention to launch multiple strategies as active ETFs. This would ...

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PAC sells partial stake in US firm to Goldman Sachs AM

Pacific Current Group will receive approximately US$35.2 million from the transaction. Pacific Current Group (PAC) has announced it has sold a ...

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Iress says client data is secure following security breach

The financial services software company announced it detected unauthorised access of its GitHub user space over the weekend. In an ASX announcement ...

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Committee backs $3m super tax cap for fairer retirement system

The final draft of the $3 million super tax legislation remains unchanged and will include the taxing of unrealised gains and no indexation

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