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17 October 2023 • By Jon Bragg • 1 min read

RBA weighs up benefits and challenges of tokenisation

Tokenised money could lead to billions of cost savings in Australian financial markets, according to the Reserve Bank, but tokenisation is “not ...

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Stable global markets as investors rule out Iranian involvement, says economist

An economist has explained the relatively limited impact of the recent escalation in geopolitical tensions on global markets. The flare-up of the ...

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Westpac lines up next chair

The banking group’s latest appointment has added more than 35 years of leadership experience to its board. Westpac has announced the appointment of ...

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Future Fund could ‘pave the way’ for transparency

Morningstar has outlined its view on portfolio holdings disclosure in Australia. Morningstar has repeated its calls for Australia to improve its ...

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Magellan ‘well-positioned for success’ despite FUM losses, says chair

Andrew Formica, the recently appointed chairman of Magellan, has written to shareholders ahead of the fund manager’s annual general meeting next month

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Equip Super names new chair

The super fund has welcomed an experienced director to its board following the departure of its chairman. Equip Super has announced the appointment ...

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ASIC notes strong enforcement focus in annual report

The corporate regulator released its annual report for the last financial year, saying it has driven positive outcomes for consumers and small ...

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Government unveils plan to regulate crypto exchanges

The government plans to leverage existing Australian financial services laws to protect users, support innovation, and provide industry certainty in ...

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CEO hints at early Australian election in 2024

The CEO of the FSC has hinted that Australians may go to the polls by the end of next year. Speaking to InvestorDaily, the CEO of the Financial ...

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US inflation data suggests another rate hike likely

New CPI data from the US released on Thursday has provided further evidence to support the case for an additional interest rate hike by the Federal ...

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