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01 February 2023 • By • 1 min read

Rapid rate hikes drive down Future Fund assets

The chair of Australia’s sovereign wealth fund, Peter Costello, has warned that interest rates will continue to rise, with the risk of a recession in ...

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Why nuance matters in ESG investing

Investors need to consider both opportunities and risks in ESG investments, gold partner of the 2023 ESG Summit, State Street Global Advisors said

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Brisbane suffers largest and fastest ever house price decline

After peaking last June, house prices in Brisbane have dropped by nearly 11 per cent. The Brisbane property market has experienced both its largest ...

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Federal budget running ‘well ahead of expectations’

The budget position is improving quickly, according to economists at CBA. Australia’s budget deficit has come in $11.5 billion better than ...

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ASIC hands out four-year ban over ‘automated trading robot’

A Gold Coast man has been banned from providing financial services. ASIC has banned the director of a business that leased an automated trading ...

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Insignia reports dip in FUA

The firm has issued a business update covering the December quarter. Insignia has reported $201.3 billion in funds under administration (FUA) as of ...

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February rate hike ‘cemented’ following ‘red hot’ inflation data

Most economists believe that a rate hike next month is almost certain after the latest CPI showed that annual inflation has now climbed to its highest ...

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Annual inflation lifts to highest level since 1990

The Australian Bureau of Statistics has released the December quarter’s CPI figures. The consumer price index (CPI) rose by 7.8 per cent in the ...

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China’s economic performance to have ‘big consequences’ for Australia: Treasurer

Treasurer Jim Chalmers has highlighted the importance of China’s economy locally and globally. As clouds continue to hang over the global economy, ...

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Westpac sees RBA’s tightening cycle peaking after the Fed’s

Both central banks are forecast to continue tightening in the early months of 2023. Westpac has predicted that the US Federal Reserve’s monetary ...

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