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21 February 2024 • By Rhea Nath • 1 min read

NAB reports cash earnings drop amid growing arrears

The big four bank has announced cash earnings for the first quarter of FY24 are 16.9 per cent lower than in the prior corresponding period, with ...

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Bonds will prove their worth again in 2024: Vanguard

The investment manager is forecasting durable, resilient yields ahead, with the potential for additional price appreciation if rates decline

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Despite rate cut forecasts, RBA admits it debated a hike in February

At its last meeting, the board deliberated between a further quarter of a point increase and a hold. The Reserve Bank of Australia (RBA) considered ...

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BlackRock advocates active management in new economic regime

The macro can serve as inspiration, rather than constraint, in finding alpha, according to a fund manager. In its latest research paper, global ...

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Centuria reports strong growth across alternatives

The ASX-listed specialist investment manager has announced its half-year results. Centuria Capital Group has announced operating net profit after ...

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Netwealth sees FUM growth as it pursues ‘emerging’ opportunities

As of 31 December, the funds under administration (FUA) stood at $78 billion, with 31.9 per cent of the wealth held by high-net-worth advised ...

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Government told to back off super as new research shows growing distrust

On the back of new findings which show an increased desire from Australians to take control of their super savings, a professional body has clapped ...

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HUB24 reports profit surge on investment focus

The platform has announced a $30 million underlying profit in its first-half results for the 2023–24 financial year. In a statement to the ASX on ...

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‘Big win’ for Queensland: ANZ’s acquisition of Suncorp greenlit by tribunal

A tribunal has ruled on whether ANZ can proceed with its $4.9 billion plan to take over Suncorp Bank. The Australian Competition Tribunal quashed ...

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Japan recession fails to dampen fundie optimism

The country continues to be identified as a bright spot for fund managers in 2024, despite two consecutive quarters of negative growth. Although ...

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