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11 April 2023 • By James Mitchell • 1 min read

Non-bank lender refuses to pay ransom demand following major data breach

The non-bank lender says it will not pay a ransom to criminals who stole personal identification documents from customers. In a trading update on ...

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Are ‘mega’ funds poised to dominate the super industry?

Two experts weigh in on the future of Australia’s superannuation industry as the country’s two largest funds set their sights on reaching $500 billion

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RBA flags heightened global financial stability risks

The central bank has warned that Australia is not immune from the deteriorating outlook for global financial stability. The Reserve Bank of ...

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Interest rates on hold until August, says big four bank

ANZ has predicted that the Reserve Bank of Australia (RBA) will keep interest rates on hold until August, when it believes the central bank will ...

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Challenger forms strategic partnership, offloads real estate business

The investment management firm has entered into an agreement with ASX-listed real estate and funds management group Elanor Investors. Challenger ...

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Maple-Brown Abbott relaunches sustainable fund

The new fund is aimed at helping “shape a better future” for both people and the planet. Investment manager Maple-Brown Abbott has launched the ...

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Mercer Pacific leadership welcomes BT Super execs

Post-merger, Mercer has announced its Pacific executive team as 350 BT Financial employees join the firm. Mercer has welcomed former BT Super ...

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Global X launches US investment grade corporate bond ETF

The fund manager is meeting Australia’s increasing demand for fixed income assets.  Global X ETFs (Global X) has launched the Global X USD ...

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‘Prudent’ rate pause does not signal end to hiking cycle: Lowe

The governor has stressed the Reserve Bank remains open to actioning additional hikes to the cash rate amid speculation of an end to the cycle

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Government will need to deliver more than just YFYS ‘tweaks’: ISA

While some have expressed support for the government’s planned changes to the Your Future, Your Super test, Industry Super Australia has called for a ...

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