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20 June 2023 • By Maja Garaca Djurdjevic • 1 min read

Big four reach consensus, RBA to hike in both July and August

The big four banks have now acknowledged that there is a high likelihood interest rates could peak at 4.6 per cent. National Australia Bank said on ...

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June rate call ‘finely balanced’, says RBA

Minutes from the latest monetary policy board meeting suggest the central bank seriously considered keeping the cash rate unchanged, easing fears of a ...

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Resilient labour market undermining inflation battle: RBA

Labour market conditions are “inconsistent” with the central bank’s inflation target, the deputy governor has said following an unexpected decline to ...

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ASIC warns of AI FOMO, flags regulation

ASIC chair Joe Longo says that with AI adoption surging in wholesale markets, there is a real danger that entities could rush too fast without proper ...

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Bravura CEO steps down

Libby Roy has departed the firm after less than a year as chief executive. Bravura has announced that Libby Roy will step down as CEO and managing ...

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Wrap platform providers slam YFYS test extension

The government has confirmed it will include Choice and superannuation wrap products in its performance test. In a statement on Friday, Financial ...

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Schroders Australia makes internal CEO appointment

Simon Doyle has taken on the dual role of CEO and CIO after more than 20 years at the firm. Schroders Australia has announced the appointment of ...

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ETF management fee reduction trend continues

Another ETF provider has joined the growing list of firms reducing their management fees. Effective 3 July, the management fees for both the VanEck ...

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Allianz Retire+ welcomes industry heavyweights to retirement advisory board

The firm has appointed three former chief executives to help drive innovation within the retirement sector. Allianz Retire+ has announced three new ...

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Former Lonsec CIO joins Fidelity

The firm has welcomed Lukasz de Pourbaix as global cross asset specialist, effective 19 June. Fidelity International has announced the appointment ...

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