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09 August 2023 • By Jon Bragg • 1 min read

Lowe to front House economics committee in final appearance as governor

Philip Lowe and other RBA officials will appear before the committee later this week. On Friday, the House of Representatives standing committee on ...

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Markets demonstrate continued resilience over long run

Looking back on the performance of major asset classes over the last 30 years, markets have exhibited a capacity to bounce back from short-term ...

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Principal Asset Management shakes up fixed income team

The firm has welcomed an experienced portfolio manager with the aim of meeting a wider range of personalised investor objectives. Principal Asset ...

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Suncorp’s profit up ‘significantly’ as sale of banking arm hangs in the balance

The group has reported a “material increase” in earnings in its full-year results. Suncorp Group has posted a 68.6 per cent jump in net profit ...

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CBA reports $10.2bn profit amid ‘tighter and rapidly changing’ conditions

The bank has announced its full-year results. Commonwealth Bank (CBA) has reported a $10.16 billion cash net profit after tax for the 2023 ...

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‘Urgent need’ for super funds to improve experience of members

APRA has shared its observations following a review into the implementation of the retirement income covenant. While acknowledging that some ...

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New Zealand works with BlackRock for NZ$2bn climate fund

The new climate infrastructure fund has been described as the first of its kind. The New Zealand government has worked with BlackRock to support ...

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Former Magellan senior analyst joins Fairlight Asset Management

Fairlight says that it has hired an “experienced, high-calibre” portfolio manager. Fairlight Asset Management, a Sydney-based global small and ...

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Sustainable financing must ‘increase substantially’ to achieve net zero: RBA

The Reserve Bank has shared its outlook for green and sustainable finance in Australia. The Reserve Bank of Australia (RBA) has warned that ...

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Northern Trust welcomes global fund services lead

The financial services company has hired from within to best service global investment managers. Northern Trust has named Caroline Higgins head of ...

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