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22 July 2024 • By Jessica Penny • 1 min read

APRA slashes Westpac’s risk capital add-on

The prudential regulator will halve the capital add-on it required of Westpac after reporting the bank has progressed on addressing concerns around ...

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PAC offloads interest in Euro investment manager

The multiboutique asset management firm is expected to receive US$61.2 million for the transaction. Pacific Current Group (PAC) has agreed to sell ...

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Iress projects ‘significant’ increase in 1H24 EBITDA

Iress is expecting a 50 per cent EBITDA rise the first half of the 2024 calendar year compared to the prior corresponding period. In an ASX ...

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Ethical manager closes up shop after 6-year stint

Ethical fund manager, Ethical Partners, is understood to have closed up shop after six years in business. The firm was established in 2017 by ...

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Time to reconsider the home as fourth pillar of retirement income, research says

New research has suggested it’s time to reconsider the home as a fourth pillar of the retirement income system, alongside the age pension, ...

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APRA issues $10.7m infringement notices to super trustee

The infringement notices and court-enforceable undertaking from APRA aim to address alleged compliance deficiencies by the trustee. The prudential ...

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Bitcoin and gold rose post-Trump incident, but not comparable, says strategist

While both bitcoin and gold gained following the attempted assassination of Donald Trump, a strategist insists the two are not comparable

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DNR Capital unveils small, mid-cap investment manager amid growing client demand

The firm has launched a specialist global small and mid-cap equity manager, and expanded its team to suit. DNR Capital has announced the launch of ...

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Report shows Aussie CEOs more likely to lose their job than their bonus

While CEO pay levels have decreased in many of Australia’s listed companies, bonus payments have become the norm, new research has shown

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Expert weighs in on Google parent’s historic US$23bn buyout offer

As the cyber security industry reaches its “tipping point”, a market strategist has said that Alphabet’s proposed US$23 billion acquisition may just ...

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