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06 September 2023 • By Jon Bragg • 1 min read

New legislation set to challenge ASX monopoly

Regulators will soon be given new powers to support competition in clearing and settlement services, an area in which ASX currently holds a monopoly ...

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BlackRock expands iShares lineup with US Treasury ETF

The fund is being positioned as the lowest-cost US Treasury ETF in Australia. BlackRock Australia has unveiled its plans to launch the iShares US ...

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Cbus shakes up executive team with newly created roles

The fund has restructured its executive team to support the delivery of a “refreshed strategy”. Cbus Super has created new chief strategy, ...

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Magellan sees FUM slip as retail outflows continue

The fund manager has provided a monthly update on its funds under management. Magellan Financial Group’s funds under management (FUM) slipped to ...

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ESG investing vigour propels sustainable industries

A more proactive approach to sustainable investing is producing strong tailwinds, an ESG focused fund says. The tailwinds propelling sustainable ...

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FAR passes Parliament, imposing new accountability on directors

The Parliament has passed the legislation to implement the Financial Accountability Regime (FAR). In a statement on Tuesday, the Financial Services ...

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GDP figures unlikely to change economic outlook, economists agree

The Australian Bureau of Statistics has released the June quarter national accounts. Australia’s GDP grew by 0.4 per cent in the June quarter, ...

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NGS Super announces key leadership appointments

The industry super fund is looking to enhance its member-focused initiatives through the creation of two new roles. NGS Super has announced three ...

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Experts share views on RBA’s next move

Following the RBA’s September rate call, experts have shared their latest forecasts. Most Australian economists now expect the Reserve Bank of ...

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Lowe’s last hurrah leaves door open to rate speculation

Despite acknowledging that the economy is experiencing a period of “below-trend growth”, the outgoing RBA governor has left the door open for future ...

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