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01 June 2023 • By • 1 min read

CareSuper and Spirit Super agree to merge

The two super funds have entered into a binding agreement to merge following an extensive due diligence process. CareSuper and Spirit Super ...

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ANZ announces 2 new appointments

The bank has appointed a new chief information security officer and has added a new non-executive director to its boards. ANZ has announced the ...

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‘Lessons and linkages’: APRA chair on bank deposits, AT1 bonds

Prudential regulators need to reassess the treatment of hybrid bonds in the event of a banking collapse, the APRA chair has told the Senate, flagging ...

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CPI setback vindicates RBA, reinforces rate hike bias

Markets have reacted to a larger-than-expected pickup in inflation, which could pencil in further tightening from the Reserve Bank. Annualised ...

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What’s the point of investing in alternatives?

Senior analysts and strategists working in the alternatives space have outlined the case for investing in asset classes beyond equities, fixed income, ...

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BOQ shares drop following regulatory action

The bank has entered into enforceable undertakings with both APRA and AUSTRAC to address “significant gaps” in its risk management framework

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ASIC’s DDO guidance goes ‘well beyond legal requirements’

A senior regulatory counsel at law firm Allens has shared a mixed view of ASIC’s regulatory guide on the design and distribution obligations (DDO)

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Lowe flags ‘inflation mentality’ risks, denies ‘scare campaign’

Complacency in the battle against inflation could “entrench” cost-of-living pressures, the Reserve Bank governor has warned, countering the federal ...

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Treasury yet to ‘wargame’ stagflation scenario, downplays risks

The department has not stress tested a stagflation scenario, the Treasury secretary has told the Senate, despite persistently high inflation and a ...

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‘Short and shallow’ recession on the way: Macquarie

The head of wealth management investment strategy at Macquarie has outlined the firm’s expectations for a recession later this year. Macquarie has ...

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