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25 September 2024 • By Reporter • 1 min read

Vanguard apologises, says investors won’t foot $12.9m bill for misleading ESG claims

Vanguard apologised to its clients on Wednesday and assured that they won’t be footing the $12.9 million bill received by the fund manager for ...

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Macquarie Bank slapped with record $5m fine for market gatekeeper lapse

Macquarie Bank has been fined a record $4.995 million for serious market gatekeeper failure. Following an Australian Securities and Investments ...

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Bullock’s steady rates ignite debate among economists and politicians

Michele Bullock revealed that the RBA did not consider a hike at its September meeting, but maintained that there won’t be an interest rate cut in the ...

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Real estate market staring down ‘inflection point’, flags professional

An investment executive suggests that this once-troubled asset class has turned a corner, entering a recovery phase that could prompt investors to ...

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New Aussie manager aims to bring fresh approach to the investment fold

Industry stalwarts have launched a new boutique investment manager with the aim of “breaking away from conventional metrics”. TWC Investment ...

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Aussie companies stockpile cash, sparking shareholder payout fears

Companies are increasingly holding onto their cash, sparking payout fears, a professional has said. New analysis has showcased a “concerning trend” ...

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ASIC’s Active Super case sends strong warning to fund managers

The recent case involving Active Super should serve as a universal warning for fund managers, according to a professional. The Australian ...

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RBA announces anticipated rate decision

The central bank has announced its latest rate decision following a month of heightened speculation. The Reserve Bank (RBA) has not taken ...

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E&P Financial proposes ASX delisting amid market challenges

Wealth management company E&P Financial Group has formally requested to delist from the ASX. The proposal is expected to be put forward for ...

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Economist says rate hikes loom as RBA navigates complex economic maze

Australia may face two rate hikes by the end of the year as the central bank struggles to navigate an “extraordinarily complex macroeconomic ...

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