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15 June 2023 • By Charbel Kadib • 1 min read

Fed actions hawkish ‘skip’, revises rate projections

The central bank has left the funds rate on hold but now expects further rate hikes over the medium-term. The Federal Open Market Committee (FOMC) ...

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Greg Combet appointed net zero authority chair, announces board resignations

The ISA and IFM chair is set to step down from both organisations as he joins the government’s push to reach net-zero carbon emissions

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Zurich appoints chief claims officer

Zurich Financial Services Australia has appointed a chief claims officer for Australia and New Zealand. The insurer announced that it has appointed ...

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May jobs numbers revealed, exceed expectations

The latest labour market statistics have been published, surprising markets for the second consecutive month. The seasonally adjusted unemployment ...

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OnePath hit with APRA fine, acknowledges failings

The firm has accepted fault for 125 regulatory infringements relating to its management of member contributions. The Australian Prudential ...

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State Street Alpha platform to support ETF ‘life cycle’

The firm has expanded its asset servicing platform as the global ETF market approaches $15 trillion. State Street has expanded the capabilities of ...

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Regulators reviewing crisis management framework

Australia’s regulatory institutions are assessing the financial system’s preparedness for a major shock to the banking system amid ongoing stability ...

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Cbus interim CEO assumes permanent position

The fund has officially named Kristian Fok as chief executive officer following a successful tenure acting in the role. Cbus Super has announced on ...

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JPMorgan rolls out sustainable investment data solutions for institutional investors

The firm has launched its latest product suite in a bid to centralise data for sustainable investing. JPMorgan has announced the launch of its ...

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DM equities blind to looming recession: BlackRock

The “new macro regime” calls for “selective” investment, according to the global asset manager, which fears developing markets are not pricing in the ...

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