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12 May 2025 • By Maja Garaca Djurdjevic • 1 min read

HESTA dumps MinRes stake over failed governance reform

HESTA has fully divested from Mineral Resources, citing a breakdown in governance reform efforts and the collapse of confidence following an executive ...

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Albanese announces new ministry line-up with Yale-educated Mulino in financial services role

The Prime Minister has announced his new ministry, including the replacement for the newly retired Stephen Jones. Prime Minister Anthony Albanese ...

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Super funds defy market whiplash in April

Volatile markets driven by shifting US tariff policy failed to rattle Australia’s superannuation system in April, with balanced options inching upward

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Big 4 banks reel in $15.5bn profits, digital transformation accelerates

Australia’s largest banks, which collectively posted tens of billions in operating expenses, are increasing investments in digital transformation, AI, ...

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Investors shun earnings risk as emotional sentiment drives market

As investors increasingly shun earnings risk, a leading local equities expert suggests that traditional fundamental analysis may be becoming obsolete

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ASX pitches bold reforms to boost competitiveness of Australian listed markets

The Australian Securities Exchange (ASX) has proposed a suite of reforms to bolster the competitiveness of Australia’s public markets and stem the ...

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Gold’s case holds strong as wealth giant tweaks forecast

As gold continued its ascent last month, markets are betting on a new “floor price” for the commodity. Gold broke US$3,500 per ounce in April, ...

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Shift to unlisted assets drives fund’s long-term strategy

As local regulators warn of emerging risks tied to investors’ growing participation in private markets, a Queensland-based fund has described the ...

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GQG extends rebound with fourth straight month of inflows

GQG Partners has reported its fourth consecutive month of gains, bringing total funds under management to US$163.6 billion. In a monthly funds ...

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Macquarie profit hits $3.7bn, asset management shines

Shemara Wikramanayake has flagged resilience amid global uncertainty, with performance fees and capital strength supporting results. Macquarie ...

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