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29 May 2023 • By Charbel Kadib • 1 min read

ASX bounces back as White House, Republicans strike debt ceiling deal

An ‘in-principle’ agreement has been struck between the White House and Republican leaders, renewing confidence in the equities market

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Will the Reserve Bank tip Australia into a recession?

The RBA is at risk of “overdoing it” and potentially triggering a recession in Australia if it keeps its foot on the accelerator, according to one ...

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Link and Rest extend partnership for further 5 years

Link Group has officially renewed its mandate with the industry fund, extending their partnership spanning three decades. Commencing this month, ...

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Allianz Retire+ appoints 2 new state managers

After launching its new solution which enables advisers to construct retirement strategies, Allianz Retire+ has announced two appointments to its ...

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AMP appoints new CFO, announces ‘simplified structure’

AMP has confirmed its decision to dissolve its wealth management business. In a statement on Monday, AMP announced that its Australian wealth ...

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Surprise spending dip locks in rate pause: CBA

A sharper-than-expected fall in retail spending is “just what the Reserve Bank wants to see” ahead of its next monetary policy board meeting, ...

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Mercer Super says it intends to keep growing amid another merger

The super fund is set to welcome members of Holden’s employee super fund next month after earlier mergers with BT Super and Lutheran Super

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What are the global implications of UK’s sticky inflation?

Higher than expected UK inflation may give the RBA reason to remain hawkish. As the central bank prepares to announce its next monetary policy ...

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New analytics firm to shine a spotlight on funds management fees

The new firm aims to provide super funds and other institutional investors in Australia with greater insights into the fees charged by investment ...

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Latitude says profit to sink in wake of cyber attack

After suffering a cyber attack in March, Latitude has provided guidance on its half-year and full-year profit, indicating it is unlikely to declare an ...

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