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15 August 2023 • By Jon Bragg • 1 min read

RBA now ‘more comfortable’ on Australia’s inflation situation: CBA

The minutes from the RBA’s latest board meeting have been released. Members of the Reserve Bank of Australia (RBA) appear to have taken comfort in ...

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Aussie ETF industry reaches yet another all-time high

The funds under management of the local ETF industry moved higher again in July. The Australian ETF industry grew to $153.5 billion in funds under ...

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IG Markets hit with another class action over ‘highly risky’ financial products

The financial services firm is alleged to have engaged in misleading, deceptive, and unconscionable conduct through its supply of CFDs and binaries to ...

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Slower-than-expected wages growth adds to the case for another rate pause

The latest wages price index undershot the expectations of the RBA and the market. The wage price index (WPI) rose by 0.8 per cent in the June ...

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Economist envisions 40% likelihood of RBA rate hike

AMP’s Shane Oliver believes there’s a 40 per cent chance the RBA will lift rates again. In his latest update, AMP’s chief economist noted that ...

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Challenger sees 6% bump in AUM

Challenger has announced its full-year results, with the firm reporting a 13 per cent increase in its net profit after tax. In its full-year ...

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NAB announces $1.5bn share buyback after ‘sound’ Q3 result

The big four bank has provided a third quarter trading update. NAB has reported unaudited cash earnings of $1.90 billion for the third quarter year ...

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ANZ lags behind big banks on race to net zero

An assessment on how Australia’s largest banks are achieving their net zero commitments has revealed that some are more devoted to the cause than ...

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BOQ calls off CEO search

The bank’s acting CEO, Patrick Allaway, has now assumed a permanent role. Bank of Queensland (BOQ) has announced that managing director and interim ...

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Institutional investors go ‘back to basics’

An investment consulting firm has detailed recent trends among institutional investors. Institutional investors have become more cautious and ...

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