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13 December 2024 • By Laura Dew • 1 min read

Insignia ‘considering’ acquisition proposal from US private equity player

Insignia Financial has confirmed it has received a preliminary non-binding proposal from a US private equity giant to acquire the firm. In an ASX ...

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Surprise drop in unemployment dims RBA rate cut expectations

An unexpected drop in the unemployment rate has sharply diminished the likelihood of an RBA rate cut in the near future, erasing the optimism that ...

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Local ETF industry within ‘striking distance’ of $250bn

Having now surpassed the previous YTD flow record, Australia’s ETF industry is maintaining its hot streak. The Australian exchange-traded fund ...

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Are markets undervaluing generative AI’s earnings potential?

There are reasons to believe that companies aligned to AI’s adoption could deliver earnings growth significantly above consensus expectations, making ...

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AMP says bitcoin ‘too big’ to ignore, confirms modest allocation

AMP has made its first foray into bitcoin, confirming a modest allocation to the cryptocurrency, according to its senior portfolio manager

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Fiscal impulse peaks before expected decline

Westpac expects the 2024–25 MYEFO to show an improved bottom line in 2024–25, before deteriorating in the outer years of the forecast period

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Industry funds boost equity allocations while infrastructure investment dips

Industry super funds have upped their allocation to equities over the last six months. Compared to how funds were allocated to March this year, ...

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Kraken crypto exchange operator slapped with $8m penalty

Legal proceedings launched by ASIC have resulted in a pecuniary penalty for Bit Trade. Bit Trade, the Australian operator of the Kraken crypto ...

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Jobless rate drops below consensus

The jobless rate has seen a surprising drop, but employment held strong. The seasonally adjusted unemployment rate fell by 0.2 percentage points to ...

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ASFA exec team sees new role

An experienced communications specialist is joining the industry group in a newly created role. The Association of Superannuation Funds of ...

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