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06 May 2024 • By Rhea Nath • 1 min read

Another corporate fund flags merger intentions

A $26 billion corporate fund has announced it is seeking a suitable merger partner as the number of corporate super funds in Australia continues to ...

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Qantas shares dip following $120m deal with ACCC

The national carrier saw an initial sharp reaction from markets after announcing a $120 million settlement with the ACCC over “unacceptable” conduct ...

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Former APRA chair joins ASX board amid director changeover

Wayne Byres is the newest addition to the market operator’s leadership team as part of its ongoing board renewal initiative. Former chair of the ...

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Dexus raises $300m for dedicated RE opportunity fund

The real asset manager has raised over $300 million in its first close for the second dedicated real estate opportunity fund. Dexus has raised more ...

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Westpac profits slide 16% in 1H24

The bank has also announced a special dividend and a $1 billion increase in its share buyback program. Westpac has reported a reduction in its net ...

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Magellan’s recovery hits a roadblock in April

The fund manager’s recovery was halted in April after a promising streak lasting several months. Troubled fund manager Magellan Financial Group has ...

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From hawkish patience to potential rate hikes: Experts voice their predictions

As the Reserve Bank of Australia gears up for its May 2024 meeting, financial experts are assessing the economic landscape and speculating on the ...

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Australian economic recovery to begin in 2025: OECD

Amid concerns of where the Australian economy could land this year, the OECD has cautioned of a slow year ahead, dampened by higher interest rates and ...

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Aware Super predicts paradigm shift in ESG and portfolio value

The chief executive of the $150 billion fund anticipates a significant shift in how ESG factors will influence portfolio values in the next six years, ...

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ASIC secures first court win on crypto payment facility

In a first of its kind ruling, the Federal Court has found BPS Financial guilty of engaging in unlicensed conduct related to its 'Qoin Wallet,' a ...

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