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03 October 2023 • By Charbel Kadib • 1 min read

RBA tempers hawkishness as rate hike risks heighten

The Reserve Bank has held back from adopting a more hawkish monetary policy posture despite evidence of resurgent inflation. The official cash rate ...

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Critics lash out at government’s tax tweaks on big super balances

The government is making progress on its plan to rein in tax concessions for large superannuation balances, but key points of criticism remain in ...

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CBA Group Super issues ART merger update

The terms of the planned merger are set to be finalised in the coming weeks, according to the fund. Commonwealth Bank Group Super (Group Super) has ...

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ASX down almost 3% in September as risk of further correction remains

Energy was the only ASX 200 sector to end the month in the black, while real estate, information technology, and health care were among the biggest ...

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Bullock-led RBA hands down cash rate verdict

The central bank has issued its first monetary policy update with new chair Michele Bullock at the helm. The Reserve Bank of Australia (RBA) has ...

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Iress completes MFA business divestment

The financial services technology firm has finalised the divestment of its managed funds administration (MFA) business. Iress announced it has ...

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Government consults on $3m super tax legislation

The government is consulting on draft legislation that is set to double the tax rate on earnings from superannuation balances above $3 million

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Rate hike would pose significant risk to economy, says economist

Another rate hike would come at a “very high risk” for the economy, an economist has said. With the Reserve Bank of Australia (RBA) due to deliver ...

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ART launches Net Zero 2050 Roadmap

The super fund says it has taken a further step in its commitment to a net zero greenhouse gas emissions investment portfolio by 2050. Australian ...

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How one investment manager is taking a stand on ESG

The deputy chief investment officer of Australian Ethical has discussed the pure-play ethical investment manager’s approach and what makes it ...

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